Eto Motors Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 123

Employees

  • Latest Deal Type
  • Debt Conv.

  • Financing Rounds
  • 4

  • Investments
  • 2

Eto Motors General Information

Description

Manufacturer of electric autos designed to revolutionize the public transport system and reduce carbon emissions in the environment. The company engages in building a noise-free, environmentally friendly, economical, safe, and smooth ride with plenty of ventilation and open sides in the driver's area as well as the passenger's area, allowing plenty of wind to pass through and making the ride very comfortable for its occupants, thereby enabling passengers to travel in ease while contributing to the environment.

Contact Information

Website
www.etomotors.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 9th Floor, Block - 1, 3 & 84, Amarchand Sharma Complex
  • Sarojini Devi Road
  • Secunderabad, Telangana 500003
  • India
+91 073375
Primary Industry
Automotive
Parent Company
Aion-Tech Solutions
Vertical(s)
Manufacturing
Corporate Office
  • 9th Floor, Block - 1, 3 & 84, Amarchand Sharma Complex
  • Sarojini Devi Road
  • Secunderabad, Telangana 500003
  • India
+91 073375

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Eto Motors Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Eto Motors Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of electric autos designed to revolutionize the public transport system and reduce carbon emissions in the
Automotive
Secunderabad, India
123 As of 2026

Bengaluru, India
 

Hyderabad, India
 
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Eto Motors Competitors (13)

One of Eto Motors’s 13 competitors is River Mobility, a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
River Mobility Venture Capital-Backed Bengaluru, India
Gayam Motor Works Private Equity-Backed Hyderabad, India
Shift EV Venture Capital-Backed Giza, Egypt
Etrio Venture Capital-Backed Hyderabad, India
Gogoro Formerly VC-backed Taoyuan, Taiwan
You’re viewing 5 of 13 competitors. Get the full list »

Eto Motors Patents

  • 17

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 9

    Pending

  • Expiring in next 12 mo

Eto Motors Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2024194847-A1 A universal fast charging retro fitment module for non-fast charge controller area network applied battery Inactive 22-Mar-2023
EP-4357995-A1 A detachable smart container Inactive 23-Oct-2022
WO-2024089556-A1 A detachable smart container Inactive 23-Oct-2022
EP-4119493-A1 Loading column with fuel tank and ventilating device Active 15-Jul-2021
EP-4119493-B1 Loading column with fuel tank and ventilating device Active 15-Jul-2021 B67D7/04
To view Eto Motors’s complete patent history, request access »

Eto Motors Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Eto Motors Investments (2)

Eto Motors’s most recent deal was a Buyout/LBO with ME Energy. The deal was made on 03-Mar-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ME Energy 03-Mar-2025 Buyout/LBO Automotive
Keto Motors 20-Sep-2018 Joint Venture Automotive
To view Eto Motors’s complete investments history, request access »

Eto Motors Exits (1)

Eto Motors’s most recent exit was on 20-Sep-2018 from Keto Motors. The exit was categorized as with 2 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Keto Motors 20-Sep-2018 Completed
  • 2 buyers
To view Eto Motors’s complete exits history, request access »

Eto Motors FAQs

  • When was Eto Motors founded?

    Eto Motors was founded in 2018.

  • Where is Eto Motors headquartered?

    Eto Motors is headquartered in Secunderabad, India.

  • What is the size of Eto Motors?

    Eto Motors has 123 total employees.

  • What industry is Eto Motors in?

    Eto Motors’s primary industry is Automotive.

  • Is Eto Motors a private or public company?

    Eto Motors is a Private company.

  • What is Eto Motors’s current revenue?

    The current revenue for Eto Motors is .

  • Who are Eto Motors’s competitors?

    River Mobility, Gayam Motor Works, Shift EV, Etrio, and Gogoro are some of the 13 competitors of Eto Motors.

  • When was Eto Motors acquired?

    Eto Motors was acquired on 11-Nov-2025.

  • Who acquired Eto Motors?

    Eto Motors was acquired by Aion-Tech Solutions.

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