COMPANY INTELLIGENCE PROFILE
Starya Mobility Private Limited
Starya Mobility is a Bengaluru-based clean-tech/EV startup founded in 2018 that designs and manufactures petrol-to-electric retrofit conversion kits for existing two-wheelers.
Starya Mobility, founded on July 17, 2018, is a Bengaluru-based clean-tech startup focused on manufacturing electric vehicle retrofit kits. Its flagship product, the EPK 1.0 or "ARK," converts scooters into electric vehicles using an indigenously built, ARAI-certified electric powertrain. Financial data shows conflicting revenue figures for different fiscal years, but early-stage funding has raised between $2.51M and $2.72M. The company has not registered any charges or credit ratings.
AI-generated, may contain errors.
Business Overview
- Starya Mobility is a Bengaluru-based clean-tech/EV startup founded in 2018 that designs and manufactures petrol-to-electric retrofit conversion kits for existing two-wheelers.
- Its flagship product, the EPK 1.0 / "ARK" electric propulsion kit, converts popular scooters, Honda Activa, TVS Jupiter, TVS Access, Honda Dio, into electric vehicles, retaining the original chassis while replacing the IC powertrain with an indigenously built, ARAI-certified electric motor, controller and lithium-ion battery, with a "Ride-Swap-Go" battery-swap ecosystem.
- Company press material, via ANI/ThePrint, describes it as the first Indian company to introduce an indigenously built, ARAI-certified electric powertrain for gearless two-wheeler retrofitting.
- Founders per Inc42/Tracxn-aggregated data: A B Sachin Anchan, Bharath Rao K S, Gowrav Lakshmegowda, Mallikarjuna Nagesh and Ravikumar Jagannath.
Sector & Classification
Manufacturing — NIC: Manufacture of other electrical equipment n.e.c. (electric motor/generator/transformer & electricity distribution apparatus); business classified under EV / clean-tech / deep-tech (Inc42)
Directors & Key Management
Directors — source notes
Per Tofler (single source — DINs not cross-verified against a second registry source, so treat as partial): - Jagannath Ravi Kumar — DIN 08181469 — Managing Director - Lakshmegowda Gowrav — DIN 07187823 — Managing Director - Kanthanahalli Sheshagiri Rao Bharath Rao — DIN 05224824 — Director - Kazunori Kusamizu — DIN 08898576 — Director - Prashanth Devendra — DIN 10083474 — Director Note: names broadly match the founder list reported by Inc42 (Ravikumar Jagannath, Bharath Rao K S, Gowrav Lakshmegowda), lending some corroboration, but exact DIN figures come from Tofler only.
GST Registrations
Primary GSTIN not obtained (no confirmed GSTIN found on knowyourgst/findgst/mastersindia in this pass). PAN confirmed as ABACS5928H (Tofler), implying home state Karnataka and a Karnataka-prefixed (29AABACS5928H1Z_) GSTIN would be expected, but the actual registration number could not be verified from a reliable source — do not infer/invent it. Status/number of registrations: not obtained.
Financials
Starya Mobility Private Limited reported an operating revenue of less than ₹1 crore for FY2022-23, with a revenue growth of +583.22% YoY according to Tofler. Inc42 Datalabs projects FY25 revenue at ₹3.7 crore, up 68% YoY from FY24. Net worth decreased by 35.78% while assets fell by 14.47% YoY.
AI-generated, may contain errors.
- Conflicting/partial figures from two sources, different fiscal years:
- Tofler (FY2022-23): Operating revenue <₹1 crore
- Total revenue reported as +583.22% YoY change but absolute figure locked (pro-only)
- Net worth -35.78% YoY, absolute locked
- Borrowings flat, 0.0% change, absolute locked
- Assets -14.47% YoY.
- Inc42 Datalabs: FY25 revenue ₹3.7 crore, +68% YoY vs FY24 revenue of ₹2.2 crore.
- No EBITDA/PAT figures obtained from either source. Standalone vs consolidated not specified, company has no known subsidiaries. Treat as partial/unconfirmed — figures not cross-verified between sources and several are locked behind paywalls.
Funding History
- Early-stage funding across multiple rounds, minor amount discrepancies between aggregators:
- Angel/bridge round: ah! Ventures Angel Platform invested ~₹2 crore (~$267K) around 2021-22 bridge round, per ahventures.in mailer, following an earlier ~₹2.2 crore round.
- Seed round: ~$2 million round closed 19 June 2023, led by/including ah! Ventures and Exedy Clutch India, Inc42, ah!Ventures materials.
- Other cited investors, aggregator-sourced, not independently confirmed: Eagle10 Ventures, Altair Engineering, Ipreneur Accelerator.
- Total funding to date: reported as $2.51M (Inc42) vs $2.72M, Crunchbase-derived aggregator, across 3 rounds — minor conflict between sources, both in the same ballpark.
- Company was also reportedly targeting a $4M Pre-Series A round as of ~2021-22, ah!Ventures mailer; outcome/status of that larger round not confirmed.
Loans & Charges
- Per Tofler: "the company has no registered charges" as of the data pull date. No loan/charge filings identified elsewhere.
Credit Ratings
- None found. No CRISIL/ICRA/CARE rating located for Starya Mobility Private Limited, consistent with an early-stage, primarily equity-funded startup with no obtained bank borrowings/charges.
Competitive Landscape
- EV two-wheeler retrofit/conversion-kit peers, similarly early-stage/small scale, aggregator-sourced via Tracxn/CBInsights comparisons — partial confidence:
- GoGoA1 — RTO/ARAI-approved petrol-to-EV conversion kits, broader OEM/ODM base, Navi Mumbai
- Green Tiger — EV retrofit/mobility peer
- Morph Electric — EV retrofit/mobility peer
- Talet-e — EV retrofit peer
- Raptee.HV — electric motorcycle/high-performance EV startup, larger scale, VC-funded
- Srivaru Motors — electric two-wheeler OEM (larger scale)
- All are early-to-growth-stage Indian EV two-wheeler players
- Starya's addressable niche, retrofit-only, existing scooter conversion, is narrower than OEM competitors like Raptee/Srivaru.
Frequently Asked Questions
What does Starya Mobility do?
Starya Mobility is a Bengaluru-based clean-tech/EV startup founded in 2018 that designs and manufactures petrol-to-electric retrofit conversion kits for existing two-wheelers. Its flagship product, the EPK 1.0 / 'ARK' electric propulsion kit, converts popular scooters into electric vehicles by replacing the IC powertrain with an indigenously built, ARAI-certified electric motor, controller, and lithium-ion battery.
What is the CIN of Starya Mobility?
The CIN of Starya Mobility is U31909KA2018PTC114830.
When was Starya Mobility incorporated?
Starya Mobility was incorporated on 17 July 2018.
What is the registered office address of Starya Mobility?
The registered office of Starya Mobility is located at No.3/12, 9th Floor, Tower Block, Unity Building, 3rd Cross, CSI Compound, Mission Road, Bangalore, Bengaluru, Karnataka 560027.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.