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ICITSS Presentation
Name - Omm Zurunge

WRO No – WRO0804368
Batch No - ICITSS_ITT_50
About Velocity Automotives…
Established in 2016 State-of-the-Art Experienced Team

Facilities
Our state-of-the-art
Velocity Automotives is a Our team of passionate
leading manufacturer of manufacturing facilities in engineers, designers, and
innovative electric Nagpur, Hyderabad and technicians bring years of
scooters, founded in 2016 Vishakhapatnam are expertise in the electric
with a mission to equipped with the latest vehicle industry to deliver
revolutionize urban technologies to ensure the cutting-edge products.
mobility. highest quality and
efficiency in our production
process.
Mission and Vision
Mission : Vision :
Velocity Automotives is committed to Velocity Automotives envisions a
manufacturing high-quality, efficient future where clean, sustainable
electric scooters that redefine urban transportation is accessible to all. We
mobility. We strive for excellence in aim to lead the industry in energy-
product design and production, saving innovations, helping to
ensuring our customers experience combat climate change while
the ultimate in convenience and exceeding customer expectations
performance. with unparalleled customer
satisfaction.
Product Lineup
2-Wheeler Line 3-Wheeler Line
‘Velocity Automotives' flagship 2- The company's new 3-wheeler
wheeler product line offers a product line introduces a versatile
range of stylish and energy- and spacious electric rickshaw,
efficient electric scooters, catering designed for light commercial use,
to urban commuters and eco- expanding Velocity's electric
conscious consumers. mobility solutions.
Cutting-Edge Technology
Both product lines feature the latest electric drive train technology, providing
impressive performance, extended range, and seamless user experiences.
Two -Wheeler Electric Bike
‘Velocity Automotives' flagship electric two-wheeler
model combines cutting-edge technology with a sleek,
modern design. This agile and eco-friendly bike offers a
thrilling riding experience with its powerful electric
motor and long-lasting battery.
Equipped with advanced features like regenerative

braking, digital displays, and smart connectivity, the
Velocity e-bike provides a seamless and enjoyable
commuting solution for urban riders.
The smart connectivity features of this e-bike allow

riders to stay connected while on the go. Through a
companion mobile app, users can remotely monitor the
bike's status, plan their routes, and even customize the
riding modes to suit their preferences.
With its sleek, modern design and cutting-edge

technology, the Velocity 2 Wheeler Electric Bike is the
ultimate solution for urban commuters who seek a
sustainable, high-performance transportation option.
Production Process
Design & Engineering 1
Our talented team of designers
and engineers collaborate to
create innovative EV scooter 2 Component Sourcing
models that combine style and We source high-quality
functionality. components from trusted Indian
suppliers, supporting our "Made in
Assembly 3 India" commitment.
Our state-of-the-art
manufacturing facility employs
skilled technicians to meticulously Quality Assurance
assemble each EV scooter with
4
Rigorous testing and inspection
precision.
processes ensure every Velocity
Distribution Automotive EV scooter meets our
5 exacting standards before
We efficiently distribute our "India
delivery.
for World" EV scooters across the
country and to international
markets, ensuring accessibility for
all.
Employee Structure
Rakesh Agarwal
(CEO & MD)
Vijay Mallya Jethalal Gada

Tarakh mehta Atmaram Bhide
(President- (President-
(CFO) (CMO)
Production) Sales)
Natarvlal
Manya Surve
Roshan Sodhi shubhakar
(VP- Quality
(Internal Auditor) (VP- Retail
Assurance)
Sales)
Chalu Pandey
Mohanlal matka
(Financial
(VP- 2 wheeler
Planning
production)
&Analysis)
Velocity Automotives has a well-structured organization with dedicated teams for each
product line and corporate function. Led by experienced managers, our teams collaborate
closely to drive innovation and operational excellence.
Supported by skilled managers and a talented workforce, we strive to deliver exceptional
customer experiences.
Employee Database
Competitive Advantage
Channel Partners Influential Marketing Quality Focus

Velocity Automotives has Velocity's in-house Velocity's keen focus on
forged strong supply chain marketing team runs a quality has lead to its
partnerships with top customer-centric products being recognized
global distributors, advertising campaign that are industry standards for
ensuring reliable product builds high brand recall quality of EVs. It fosters
availability across the through impactful, customer confidence and
market. attention-grabbing customer retention.
messaging.
With its strategic supply chain alliances, effective marketing
strategy and quality focus, Velocity Automotives maintains a
strong competitive position in the EV scooter market.
Competito
rs ;
SWOT Analysis
Strengt Weaknes Threat
Opportuniti
h s es s
1. Limited Market 1. Intense
1. Innovative Penetration 1. Growing Demand for Competition
Product Line EVs
2. High Production 2. Regulatory
2. Advanced Costs 2. Technological Changes
Manufacturing Advancements
Facilities 3. Government Incentives
3. Experienced 4. Expansion into New
Team Markets
4. Strong Brand
Reputation
Driving Positive Change : Our CSR
Initiatives
At Velocity Automotives, we are committed to being a socially
responsible corporate citizen. In alignment with Schedule 7 of the
Companies Act, 2013, our CSR efforts focus on making a tangible
impact across the following key areas:
Renewable Energy Projects

We are proud to sponsor solar panel installations in schools, hospitals, and community
centers, as well as fund wind energy projects in rural areas. Our energy audit and
implementation of energy-saving measures in schools and hospitals further demonstrate
our commitment to environmental sustainability.
Promoting Education
Our scholarship programs and skills training workshops support the educational
advancement of students from economically disadvantaged backgrounds, empowering the
youth in our communities.
Environmental Sustainability
In addition to our energy-efficient manufacturing practices, we organize tree planting
drives, beach cleanups, and awareness campaigns to foster environmental consciousness.
Ownership Structure
% Ownership
ESOPs QIB
13% 12% Velocity Automotives' equity structure is 57%
founders, 18% venture capitalists (VCs), 13% for
employee stock ownership plans (ESOPs), and 12%
for qualified institutional buyers (QIBs).
In the Series A round, the company raised ₹40 crore,

VCs selling 15% equity to VCs, resulting in a post-money
18% valuation of ₹266.67 crore.
In Series B, an additional ₹80 crore was raised, with

further dilution, resulting in 18% equity for VCs.
This strategic funding and equity distribution ensure

founder control while leveraging external capital and
incentives for growth.
Founders
57%
Financial Performance
Revenue Profit
Velocity Automotives has seen impressive financial growth over the past three years.
Revenues have increased by 75% from 2020 to 2022, while profits have more than doubled
during the same period. This strong financial performance has enabled the company to
invest in expanding its product lineup and production capacity.
Ratio
Analysis
Profit & Loss A/c
Balance
Sheet
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ICITSS Presentation

Name - Omm Zurunge

Established in 2016 State-of-the-Art Experienced Team

Equipped with advanced features like regenerative

The smart connectivity features of this e-bike allow

With its sleek, modern design and cutting-edge

Vijay Mallya Jethalal Gada

Channel Partners Influential Marketing Quality Focus

Renewable Energy Projects

In the Series A round, the company raised ₹40 crore,

In Series B, an additional ₹80 crore was raised, with

This strategic funding and equity distribution ensure

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