Company Intelligence Profile

3EV Industries Private Limited

Bangalore-based 3ev Industries (brand "3Evi") designs, manufactures and operates electric 3-wheel cargo and passenger vehicles for last-mile urban mobility in India.

CIN: U34300KA2019PTC123905ActiveRoC-Karnataka

Last updated 11 August 2026

AI OverviewGenerated from public records

3EV Industries Private Limited, operating under the brand "3Evi," designs, manufactures, and operates electric three-wheel cargo and passenger vehicles for last-mile urban mobility in India. The company reported ₹54.48 crore in revenue for FY2025, marking a significant 205% year-over-year growth, and runs a facility in Doddaballapura, Bangalore.

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

See what AICA knows about 3EV Industries

Deeper analysis, financial signals and peer comparisons.

Book a demo

Company Identity

Registered name3EV Industries Private Limited
CINU34300KA2019PTC123905
PANAABCZ3600R
StatusActive (Private Limited Company), DPIIT-recognised startup
ListingUnlisted
Incorporated30 April 2019
ROCRoC-Karnataka (Bangalore)
Sector (NIC)
  • Automotive — electric & bio-fuel vehicles
  • NIC activity code family 34300 (motor vehicle parts/bodies) per CIN; principal activity described as "transport and storage, land transport via road"
Registered address
  • Current: No. 4–8, Apparel Park Phase-1, Doddaballapura, Karnataka, India – 561203
  • An older Tofler snapshot lists a different address ("183/4 Kodigehalli, Thindlu Main Road, Vidyaranyapura Post, Bangalore – 560097"), suggesting a registered-office change between filings — flagged as a source conflict, most recent address preferred
Authorized capitalConflicting snapshots: Falconebiz (latest, ~Jan 2026) reports ₹40 lakh authorised / ₹24.42 lakh paid-up & issued-subscribed
Paid-up capital
  • ₹24.42 lakh
  • ₹20.3 lakh — see authorized_capital note on the discrepancy

Business Overview

  • 3ev Industries designs, develops, manufactures and operates 3-wheel electric vehicles for "last-mile hyper-local connectivity" in Indian cities [company site 3evi.com]
  • Product lines: Shakti 8C/Shakti 8 (cargo, closed box/flatbed), e30X/e30C (conversion kits), Vega 4/Vega 8 (passenger), Surya (3–5 seater passenger); services 3eco+ (consumer hyper-local app) and 3ecoX (enterprise logistics)
  • Brand name "3Evi." Manufacturing/R&D facility with in-house LFP battery assembly at Doddaballapura, Bangalore, commissioned 2020 [3evi.com]
  • Company positions itself as emerging from a partnership combining RUGGED Solar Products and ReBatt Limited (Hong Kong) expertise in off-grid clean-energy tech [3evi.com]
  • Workforce ~178 employees per EPFO data as of April 2024

Directors

Confirmed via 2 sources (Tofler DIN records + Falconebiz appointment dates):

NameDINRoleAppointed
Peter Hartmut Voelkner07713175Managing Director30 Apr 2019
Karan Kadaba06947935Director31 Mar 2023
Manas Kumar Das08127935Director21 Mar 2024

Financials

Two conflicting/partial snapshots, neither audited-filing-sourced:

  • Tofler (earlier FY, labelled "FY2023"): Revenue range ₹10–25 crore band, revenue growth +146.93% YoY, net worth change −0.79%, borrowings growth +293.53%, total assets growth +102.72%. EBITDA/PAT/exact net worth locked behind Tofler Pro.
  • Falconebiz (latest, FY2025, balance-sheet date 31 Mar 2025): Revenue ₹54.48 crore (+205% YoY). EBITDA/PAT locked behind premium access.

Standalone vs. consolidated basis not specified by either source — treat as standalone MCA filing-derived figures (typical for aggregators of this type) but unconfirmed. No independently audited net worth or PAT figure could be obtained.

Charges

  • Falconebiz (latest): open charges ₹37.65 crore, satisfied charges ₹13 crore
  • Tofler (earlier snapshot) itemises ~₹43.4 crore in secured borrowings across five lenders: Beacon Trusteeship Limited ₹12.5 cr, INCRED Financial Services ₹10.0 cr, Catalyst Trusteeship Limited ₹8.0 cr, MITCON Credentia ₹2.0 cr, AMU Leasing ₹0.7 cr. The two totals (₹37.65 cr open vs. ~₹43.4 cr itemised) are from different snapshot dates and not directly reconcilable; both reported as-is with source attribution rather than merged into one number

Competitors

larger-scale, well-funded L5 cargo EV player
Piaggio Vehicles/Mahindra Last Mile Mobility
large incumbent ICE+EV 3-wheeler makers
Altigreen Propulsion Labs
comparable-stage EV 3-wheeler/cargo startup
Kinetic Green Energy
mid-large scale EV 3-wheeler OEM
Omega Seiki Mobility
comparable-stage EV 3-wheeler startup
YC Electric Vehicle
smaller regional EV 3-wheeler maker

Frequently Asked Questions

What does 3EV Industries Private Limited do?
Bangalore-based 3ev Industries (brand "3Evi") designs, manufactures and operates electric 3-wheel cargo and passenger vehicles for last-mile urban mobility in India.
What is the CIN of 3EV Industries Private Limited?
The Corporate Identification Number (CIN) of 3EV Industries Private Limited is U34300KA2019PTC123905.
Where is 3EV Industries Private Limited registered?
3EV Industries Private Limited is registered with RoC-Karnataka (Bangalore) [Tofler, Falconebiz]. Registered address: Current (most recent snapshot, Falconebiz/TheCompanyCheck, updated through Jan 2026): No.
When was 3EV Industries Private Limited incorporated?
3EV Industries Private Limited was incorporated on 30 April 2019 [Tofler, Falconebiz, TheCompanyCheck — all agree].

Recur Market

Which lenders fit a company like 3EV Industries Private Limited?

Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.

Explore on Recur Club

More from Recur Club

Looking for business funding?

Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.

Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.