Company Intelligence Profile
Eto Motors Private Limited
ETO Motors designs and makes electric three-wheelers and runs EV charging and last-mile mobility services from Hyderabad.
Last updated 26 October 2026
ETO Motors Private Limited designs and manufactures electric three-wheelers for passengers and cargo, and runs EV charging and last-mile mobility services. It is an unlisted private company incorporated in 2018 and registered in Secunderabad, Telangana. Revenue was ₹19.6 Cr in FY2022-23. Total funding is $1.49M, and SIDBI sanctioned a ₹12.45 Cr debt facility in December 2023.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | ETO MOTORS PRIVATE LIMITED |
|---|---|
| CIN | U74999TG2018PTC126906 |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 20 Sep 2018 |
| ROC | |
| Sector (NIC) | Automotive & EV (NIC 74999) |
| Registered address | 9-1-83 & 84, Amarchand Sharma Complex, Sarojini Devi Road, Secunderabad, Telangana 500003 |
| Authorized capital | Rs 50 crore |
| Paid-up capital | Rs 32.54 crore |
Business Overview
- ETO Motors designs and manufactures electric three-wheelers for passengers and cargo.
- It also runs EV charging and last-mile mobility services.
- It works with metros in Delhi, Nagpur, Hyderabad and Pune.
- Manufacturing is at Jadcherla, Telangana.
- The company was founded in 2018.
Directors
- Chikahide Ito — Director
- Bhaven Vipul Nanavati — Director
Financials
- Revenue ₹19.6 Cr; up 129% from ₹8.6 Cr in FY2021-22
- Revenue ₹8.6 Cr
Funding
- Total funding: $1.49M in 1 round, last round on 22 Dec 2023
- Dec 2023: SIDBI sanctioned ₹12.45 Cr as a debt facility under Mission 50K-EV4ECO
- The facility is for 300 electric three-wheelers and 180 charging points in Hyderabad and Delhi
Charges & Borrowings
| Total debt | about ₹129 Cr across lenders |
|---|---|
| IREDA | ₹98.2 Cr |
Competitors
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