Revamp Moto Valuation, Funding & Investors

Revamp Moto is valued at $3.2B as of May 2022.

Last Revamp Moto valuation

$3.2B

Pre-seed · May 2022

Last Revamp Moto funding round

$1M

Pre-seed · May 2022

Cumulative funding Revamp Moto raised

$1M

across 1 funding round

Key investors in Revamp Moto

  • Venture Catalysts
  • Anupam Mittal
  • Aman Gupta
  • Shastra VC
  • Capital A
  • Uday Kumar Bangalore Shivaraman

Revamp Moto Overview

About Revamp Moto

Revamp Moto is an Indian manufacturer of low-speed electric scooters, including the RM Buddie 25 and RM Yaara 25 models, which run at 25 kmph and require no license or registration. The company targets last-mile delivery workers, micro-entrepreneurs, and cost-conscious urban commuters, offering financing tie-ups with banks and a service network covering more than 19,000 postal codes across India.


Founded

2020

HQ

IndiaIndia

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$3.2B (May 2022)

Revamp Moto Valuation

Revamp Moto is currently valued at $3.2B, based on its pre-seed round in May 2022.

The $1M round was led by Shastra VC and Venture Catalysts, with participation from Aman Gupta, Ivy Growth Associates, Uday Kumar Bangalore Shivaraman, Deven Bhandari, Capital A and 5 other investors.

Revamp Moto valuation by funding round

Revamp Moto valuation by funding round
DateStageValuation
May 2022Pre-seed$3.2B

Revamp Moto Funding History

Revamp Moto has raised a total of $1M across 1 funding round.

Revamp Moto funding rounds

Revamp Moto funding rounds
DateStageInvestorsRaisedValuation
May 2022Pre-seedShastra VC (lead); Venture Catalysts (lead); Aman Gupta; Ivy Growth Associates; Uday Kumar Bangalore Shivaraman; Deven Bhandari; Capital A; IDBI Capital; Ankit Kedia; Ashneer Grover; Anupam Mittal; Peyush Bansal$1M$3.2B

Who has invested in Revamp Moto?

12 investors have backed Revamp Moto across its funding rounds, including Venture Catalysts, Anupam Mittal, Aman Gupta, Shastra VC, Capital A and Uday Kumar Bangalore Shivaraman.

Lead investors include Shastra VC and Venture Catalysts.


Revamp Moto Investors

Investors in Revamp Moto by funding rounds participated
InvestorHQRoundsRoleFirst check
Shastra VCIndiaIndia1LeadMay 2022
Aman GuptaIndiaNew Delhi1ParticipantMay 2022
Ivy Growth AssociatesIndiaSurat1ParticipantMay 2022
Uday Kumar Bangalore ShivaramanIndiaBangalore1ParticipantMay 2022
Deven BhandariIndiaPune1ParticipantMay 2022
Capital AIndiaBangalore1ParticipantMay 2022
IDBI CapitalIndiaMumbai1ParticipantMay 2022
Ankit KediaIndiaBangalore1ParticipantMay 2022
Ashneer GroverIndiaDelhi1ParticipantMay 2022
Anupam MittalIndiaMumbai1ParticipantMay 2022

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Revamp Moto Competitors

Revamp Moto competitors include listed companies like QuantumScape and Aima Technology Group, and private ones like Zhizi Automobile, Youxia Motors, Fisker and ENOVATE Motors.

Public and private companies comparable to Revamp Moto
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
QuantumScapeUnited StatesUnited StatesPublicly listed-($397M)$3.2B-
Zhizi AutomobileChinaHefeiPrivate--$3.3B-
Youxia MotorsChinaShanghaiPrivate--$3.4B-
FiskerUnited StatesLos Angeles, CAPrivate--$2.9B-
Aima Technology GroupChinaChinaPublicly listed$3.7B$422M$2.8B0.6x
ENOVATE MotorsChinaShanghaiPrivate--$3.8B-

Revamp Moto Public Comps

Revamp Moto is still privately-owned, but its public comps include Mitsubishi Motors, QuantumScape, Pony AI, Aima Technology Group, Ninebot, Archer Aviation, BAIC BluePark New Energy, Fastned, WeRide and Ola Electric.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mitsubishi Motors$19B$883M0.2x0.2x4.7x4.0x
QuantumScape-($397M)--(6.1x)(9.3x)
Pony AI$90M($71M)21.1x14.1x(26.9x)(7.9x)
Aima Technology Group$3.7B$422M0.6x0.6x5.3x6.0x
Ninebot$3.2B$335M0.8x0.7x7.6x7.0x
Archer Aviation$300K($651M)9154.8x251.0x(4.2x)(4.1x)
BAIC BluePark New Energy$4.2B($501M)1.0x0.7x(8.6x)(21.7x)
Fastned$160M$17M14.5x11.1x140.0x60.5x

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Common questions about Revamp Moto

When was Revamp Moto founded?Revamp Moto was founded in 2020.
Where is Revamp Moto headquartered?Revamp Moto is headquartered in India.
Is Revamp Moto publicly listed?No, Revamp Moto is a private, VC-backed company.
What is Revamp Moto's valuation?Revamp Moto was last valued at $3.2B in its pre-seed round in May 2022.
How much funding has Revamp Moto raised?Revamp Moto has raised $1M across 1 funding round.
What was Revamp Moto's last funding round?Revamp Moto's last funding round was a $1M pre-seed round in May 2022, led by Shastra VC and Venture Catalysts.
Who are Revamp Moto's investors?Revamp Moto's investors include Shastra VC, Aman Gupta, Ivy Growth Associates, Uday Kumar Bangalore Shivaraman, Deven Bhandari, Capital A, IDBI Capital, Ankit Kedia, Ashneer Grover, Anupam Mittal and 2 others.
Which companies are comparable to Revamp Moto?Companies comparable to Revamp Moto include QuantumScape, Zhizi Automobile, Youxia Motors, Fisker, Aima Technology Group and ENOVATE Motors.

See companies similar to Revamp Moto

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