Nexzu Mobility
Nexzu Mobility is an Indian electric cycle manufacturer founded in 2015, selling BLDC-powered e-bikes (Stormrider, Stormboy, Roadlark Cargo Plus) to urban commuters, delivery riders, and small logistics operators through direct e-commerce, 60+ dealers across 20+ states, and the SparkRide Mobility rental subsidiary.
- Company typePrivate
- Founded2015
- HeadquartersVashi, India
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Nexzu Mobility does
Nexzu Mobility is an Indian electric mobility manufacturer founded in 2015 and headquartered in Vashi, Navi Mumbai, with manufacturing operations at the Chakan MIDC industrial area in Pune. The company designs and sells electric cycles powered by BLDC hub motors and lithium-ion battery systems, with three core product lines: the Stormrider (350W all-terrain fat-tyre e-bike at ₹46,999), the Stormboy (250W compact swappable-battery cycle at ₹37,999), and the Roadlark Cargo Plus (dual-battery cargo cycle for last-mile delivery, ₹34,700–₹41,700). Products are engineered for Indian road conditions with features such as 26×4" fat tyres, waterproof motors, ERW steel frames, electronic braking with auto cut-off, and a 25 km/h top speed to comply with Indian e-bicycle regulations.
Nexzu operates an omnichannel go-to-market model combining direct e-commerce sales through nexzu.in, an authorized dealer network of more than 60 locations across 20+ Indian states (Maharashtra, Karnataka, Tamil Nadu, Delhi, Gujarat, West Bengal, Kerala, and others), and the SparkRide Mobility rental subsidiary that offers electric cargo cycles to delivery riders at ₹1,000 per week. Revenue is generated primarily through one-time hardware sales of e-cycles and compatible parts and accessories, supplemented by recurring rental income from SparkRide and consumer financing partnerships offering EMI starting at ₹1,939/month. The company serves three primary segments: delivery and logistics businesses (its lead segment), urban commuters, and adventure/fitness riders, with secondary reach into youth/student riders.
The firm employs 51–100 people, has received at least one disclosed funding event from TheStartupLab in 2019, and reports no public listing or institutional investor disclosures. Marketing is conducted through a blog, social media (Facebook, Instagram, LinkedIn), trade show participation (Vibrant Gujarat, EV State Summit, Pune and Mumbai Expos), a test-ride program, and WhatsApp-based post-sale support. No AI/ML capabilities, patents, trademarks, certifications, M&A activity, or executive team information are publicly disclosed in the available data.
Nexzu Mobility firmographics
Firmographics- Name
- Nexzu Mobility
- Legal name
- Nexzu Mobility
- Website
- https://nexzu.in
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Nexzu Mobility is an Indian electric cycle manufacturer founded in 2015, selling BLDC-powered e-bikes (Stormrider, Stormboy, Roadlark Cargo Plus) to urban commuters, delivery riders, and small logistics operators through direct e-commerce, 60+ dealers across 20+ states, and the SparkRide Mobility rental subsidiary.
- Ownership category
- akta.pro rank
Nexzu Mobility industry classification
Industry- Product category
- Electric Bicycles
- NAICS
- Motorcycle, Bicycle, and Parts Manufacturing (336991)
- SIC
- Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- E-bikes & E-cargo Bikes Manufacturing (IMACAOAA)
- akta.pro secondary industries
- Cargo Bikes & E-Cargo Bikes Rental/Leasing (TLABAGAB), Bicycle Retail (New Bikes) (CRAMAHAA), Cycling & Micromobility Products Distribution (CRAOAJAF), Cycling & Bike Retail (Sales, Service & Accessories) (CRAMABAH)
Keywords
Where Nexzu Mobility is headquartered
LocationHeadquarters
- HQ city
- Vashi
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Nexzu Mobility business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Electric Cycle Sales: One-time hardware sales of electric cycles including Stormrider, Stormboy, and Roadlark Cargo Plus models. Customers purchase units directly through website or dealer network.
- Electric Cargo Cycle Rental (SparkRide Mobility): Weekly rental service for electric cargo cycles targeting delivery riders and gig economy workers. Rental cost is ₹1000 per week, designed for last-mile delivery operations.
- Parts and Accessories: Sales of electric cycle parts and accessories compatible with all major e-cycle brands in India.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Stormrider - Premium all-terrain electric cycle |
| Unit Pricing | Pay-as-you-go | Stormboy - Compact all-terrain electric cycle |
| Unit Pricing | Pay-as-you-go | Roadlark Cargo Plus - Electric cargo cycle for delivery |
| Subscription | Monthly | SparkRide Mobility - Weekly rental for delivery riders |
| Subscription | Monthly | EMI financing options |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Nexzu Mobility product offering
Product offeringCore offering
Nexzu Mobility manufactures and sells electric bicycles under the Stormrider, Stormboy, and Roadlark Cargo Plus brands, designed for urban commuting, adventure riding, and last-mile commercial delivery in India. The company also operates SparkRide Mobility, a rental service providing electric cargo cycles to delivery riders and gig economy workers at ₹1,000 per week.
Product overview
Nexzu Mobility offers a portfolio of electric bicycles designed for urban commuting, adventure riding, and commercial delivery applications. The core product lineup includes the Stormrider (high-performance all-terrain fat bike with 350W motor), Stormboy (compact all-terrain cycle with swappable battery), and Roadlark Cargo Plus (purpose-built cargo cycle for last-mile delivery). The company also operates SparkRide Mobility, a rental service providing electric cargo cycles at ₹1000/week for delivery partners. All products feature lithium-ion battery technology with pedal-assist and throttle modes, designed specifically for Indian road conditions.
Differentiator
Problem solved
Functional benefit
Brands
- Sparkride Mobility: Electric cargo cycle rental service for delivery riders, offering cycles at ₹1000/week for last-mile delivery operations.
Products and services
- Stormrider A powerful all-terrain electric fat bike with a 350W waterproof motor and 36V 13Ah lithium-ion battery, delivering up to 60 km range in pedal-assist mode and 33 km in throttle mode. Features 26x4" fat tyres, dual mechanical disc brakes, and a top speed of 25 km/h compliant with Indian electric bicycle regulations. Targeted at adventure riders and urban commuters.
- Stormboy A compact all-terrain electric cycle with a 250W waterproof BLDC motor and 36V 13Ah swappable lithium-ion battery. Offers up to 60 km range in pedal-assist mode and 45 km in throttle mode, with 20x4" fat tyres and front suspension. Suited for younger riders, students, and daily commuters within a 4.5 ft to 6 ft height range.
- Roadlark Cargo Plus A purpose-built electric cargo bicycle for last-mile delivery, logistics, and daily commercial use. Features a dual lithium-ion battery system (5.2Ah + 8.7Ah standard; 14.5Ah optional) delivering 80-85 km standard and up to 100 km extended range in pedal-assist mode. Designed for heavy-duty workloads with a 25 km/h top speed and electronic brake with auto cut-off.
- SparkRide Mobility (Electric Cargo Cycle Rental) A weekly rental service offering electric cargo cycles at ₹1,000 per week for delivery riders and gig economy workers. Provides affordable, eco-friendly mobility for food delivery, e-commerce, courier, and local logistics operations with zero fuel expenses and low maintenance costs. Operates in partnership with fleet aggregators including Swiggy Instamart, Flipkart Minutes, Zepto, Blinkit, and Eatclub.
- Electric Cycle Parts and Accessories Electric cycle parts and accessories sold through the Nexzu website, compatible with all major e-cycle brands in India. Includes components built with ERW steel frames, stainless steel spokes, and corrosion-resistant construction for long-lasting structural integrity.
Quantifiable outcome
- Up to 95% delivery cost savings compared to petrol-based vehicles
- +3 more outcomes
Companies that use Nexzu Mobility
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Nexzu Mobility technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature7 records
Nexzu Mobility partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SparkRide MobilitycoreSparkRide Mobility is a subsidiary brand operated by Nexzu Mobility, offering electric cargo cycles on rent for delivery riders. Located at Shop No. 1, 58/58 A.B. Sadashiv Keshav Building, Mumbai. Contact: +91 95949 98984. This is an internal brand focused on the gig economy rental segment.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Nexzu Mobility competitors and assessment
Company assessmentEmerging players
- Bounce Infinity: Indian electric two-wheeler OEM and rental operator with a battery-swapping network. Comparable as an Indian EV mobility player targeting gig-economy and delivery use cases.
- Yulu: India-based shared electric mobility operator running battery-swapping fleets for gig riders and delivery partners. Highly comparable on the SparkRide rental-plus-delivery business model, though focused on e-scooters rather than e-cargo bikes.
Broad incumbents
- Giant Bicycles India: Global bicycle giant with a strong India presence and e-bike lineup. Comparable on premium e-bike product positioning, though broader in scale and product scope.
- Trek Bicycles: Global premium bicycle and e-bike brand operating in India. Comparable on electric bicycle product category, but serves a broader, more premium global customer base.
- Hero Cycles: India's largest bicycle manufacturer and parent of Hero Lectro. Comparable as a domestic scale manufacturer with extensive dealer reach in the same Indian cycling market.
Direct peers
- EMotorad: India-based e-bike manufacturer selling across commuter, fat-tyre, and cargo categories via D2C and dealer channels. Closest like-for-like competitor in the Indian electric bicycle segment Nexzu addresses.
- Hero Lectro: Hero Cycles' e-bike brand offering a broad range of electric cycles in India via Hero's vast dealer network. Directly comparable product mix and customer base.
- Firefox Bikes: Indian premium bicycle brand with a growing electric cycle portfolio and multi-city dealer footprint. Comparable in product positioning and Indian market focus.
- Avon Cycles: One of India's largest legacy bicycle manufacturers with e-cycle variants and pan-India distribution. Comparable as a domestic manufacturer competing in the commuter e-bike category.
Others
- Bafang: Leading global manufacturer of e-bike drivetrains (BLDC motors, batteries, controllers). Comparable as a component and technology reference point for Nexzu's BLDC hub-motor platform.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Nexzu Mobility social profiles
Digital presenceNexzu Mobility financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexzu Mobility leadership team
Management profileNumber of profiles
Nexzu Mobility subsidiaries and ownership
Company hierarchySubsidiaries1 record
Nexzu Mobility funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexzu Mobility M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nexzu Mobility
What does Nexzu Mobility do?
Nexzu Mobility manufactures and sells electric bicycles under the Stormrider, Stormboy, and Roadlark Cargo Plus brands, designed for urban commuting, adventure riding, and last-mile commercial delivery in India. The company also operates SparkRide Mobility, a rental service providing electric cargo cycles to delivery riders and gig economy workers at ₹1,000 per week.
Is Nexzu Mobility a public or private company?
Nexzu Mobility is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Nexzu Mobility founded?
Nexzu Mobility was founded in 2015. It employs 51 to 100 people.
Where is Nexzu Mobility based?
Nexzu Mobility is headquartered in Vashi, India, in the Asia region.
How does Nexzu Mobility make money?
Three revenue lines are on record. Electric Cycle Sales are the primary driver. The others are electric Cargo Cycle Rental (SparkRide Mobility) and parts and Accessories.
Who are Nexzu Mobility's main competitors?
Emerging players on record are Bounce Infinity and Yulu. Broad incumbents are Giant Bicycles India, Trek Bicycles and Hero Cycles. Direct peers are EMotorad, Hero Lectro, Firefox Bikes and Avon Cycles. Bafang is listed as an others.
Does Nexzu Mobility have an API?
No public API is recorded for Nexzu Mobility.
What industry is Nexzu Mobility in?
Nexzu Mobility's product category is Electric Bicycles. Its primary akta.pro industry code is IMACAOAA, E-bikes & E-cargo Bikes Manufacturing, with a secondary code of TLABAGAB, Cargo Bikes & E-Cargo Bikes Rental/Leasing. Its NAICS code is 336991 and its SIC code is 3751.