Bengaluru, January 2026.
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 anARR of INR 150 crores in revenue,
underscoring a fundamentals-led, disciplined growth approach