EASETRONICS PRIVATE LIMITED
Maruthi Mandira Ward, Karnataka
In their own words
We believe that every internal-combustion two-wheeler sold in India is a financial loss to the buyer (from a total cost of ownership perspective), hazard to the environment and a disadvantage to the economy. With detachable lithium ion batteries that can be charged using any plug-point like a smartphone or laptop at residences and offices, we strongly believe that the electric two wheeler are already a superior solution for a majority of the internal combustion two wheeler users. With the ongoing significant investment in R&D and favorable economics, we believe that sooner than later electric two wheelers would be a superior alternative to almost all types of two wheelers. Nonetheless, there are various challenges hampering the adoption of electric two wheelers viz low awareness, high cost of acquisition, limited finance options, scarce sales and after sale service network, low re-sale value, etc. Due to these factors, sale of electric two wheelers are abysmally low at around 0.5% of overall two wheeler sales. At Welectric, we are building multi-brand, omni-channel sales and lease rental solutions that will solve all these problems and enable rapid and mass transition of two wheeler users to electric.
Written by the company on its public Startup India profile. Not verified by us.
What the record says
- DPIIT recognition number
- DIPP87842
- CIN
- U71230KA2015PTC084873
- Incorporated (MCA)
- 2015
- Registered on Startup India
- 2020
- Self-declared stage
- EarlyTraction
- MCA status
- Active
- Company class
- Private
- Registrar
- RoC-Bangalore
- Authorised capital
- ₹80,00,000
- Paid-up capital
- ₹50,75,500
Funding signals
We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.
- Self-declared on the government form, unverified
Where this is
Locality
Maruthi Mandira Ward
Karnataka
We know the area, Maruthi Mandira Ward, but not the address. The pin below covers roughly a kilometre.
Geocode confidence: low
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, write to trust@indianstartupmap.com.