Bangalore, Jan 09: Oben Electric, India’s fastest-growing electric motorcycle manufacturer, has been featured as the very first success story on IdeaBaaz, Zee TV’s startup reality show. The recognition celebrates a homegrown, R&D-driven company that has transformed a bold vision into a pan-India business in one of the world’s most complex and capital-intensive sectors, the automotive industry.
Behind these achievements is a human story of perseverance and grit. What started in a small garage with big ideas and a shared dream has grown into India’s fastest-growing electric motorcycle company. The women led founding team – Madhumita Agrawal, Founder & CEO; Dinkar Agrawal, Founder, CTO & COO and Sagar Thakkar, Co-founder & CPO, leveraged prior entrepreneurial experience and deep knowledge of EV & R&D to build the company from the ground up. They navigated technical complexity, developed robust supply chains, and scaled manufacturing, all while staying true to their vision of creating a high-quality, Made-in-India electric motorcycle brand for the world. Their insights into tackling technical complexity and achieving operational excellence provide a blueprint for building a high-growth company from scratch.
The episode spotlights Oben Electric’s pioneering integration of LFP battery technology in electric two-wheelers, delivering safer, longer lasting and more reliable urban mobility. A truly Made-in-India electric motorcycle OEM, the company has developed deep engineering, manufacturing and execution capabilities in an industry dominated by legacy players. By designing motorcycles and manufacturing critical EV components in-house at its Bengaluru facility, Oben Electric retains end-to-end control over technology and production, enabling rapid innovation, consistent quality and scalable growth, capturing the attention of IdeaBaaz for its ability to scale a complex, tech-driven business across India.
Commenting on the recognition, Madhumita Agrawal, Founder & CEO, Oben Electric, said, “Oben Electric was founded with a conviction that sustainable growth comes from strong foundation developed through deep R&D, technology ownership, and operational discipline at the heart of everything we do. Being IdeaBaaz’s first success story is a reflection of what deliberate, long-term thinking combined with perseverance can achieve in a complex, capital-intensive automotive industry.”
Jeet Wagh, Co-Founder of IdeaBaaz said “At Ideabaaz, a success story is not an idea validated on stage, but a company that has already crossed the hardest execution milestones. Oben Electric stood out because it has moved decisively from engineering depth to manufacturing ownership and national scale, making it a clear choice as Ideabaaz’s first success story. What truly stands out about Oben Electric is the depth of innovation at its core from in-house EV technology and advanced battery systems to end-to-end manufacturing ownership. This innovation-led approach has driven their impressive growth over the past 18–20 months, and I firmly believe it has positioned Oben for a very bright, scalable future in India and the global electric mobility ecosystem.”
Oben Electric’s feature on IdeaBaaz also mirrors strong investor confidence. The company is supported by a mix of Indian and global family offices, including Sandesh Sharda, a Titan on IdeaBaaz, and Jeet Wagh, Co-Founder of IdeaBaaz, both existing investors who have backed Oben’s mission from early stages. IdeaBaaz, as a platform, plays a critical role in enabling such outcomes by connecting high-potential startups with a wide network of experienced investors.
Oben Electric’s flagship Rorr series, including the Rorr, Rorr EZ, and Rorr EZ Sigma, is the outcome of extensive in-house R&D and is designed to address everyday urban mobility needs. With 100+ showrooms across 80+ cities in 18 states, the company is targeting 150 exclusive showrooms and service centers by March 2026, further strengthening its national presence and commitment to redefining electric mobility in India.
Founded in 2020, Oben Electric designs, develops, and manufactures electric motorcycles and critical EV components entirely in-house at its 3.5-acre Bengaluru manufacturing facility. To date, the company has raised INR 285 crores and presently has an ARR of INR 150 crores in revenue, underscoring a fundamentals-led, disciplined growth approach
