Lumala
- Company typePrivate
- Founded1975
- HeadquartersPanadura, Sri Lanka
- Headcount251–500
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
Lumala firmographics
Firmographics- Name
- Lumala
- Legal name
- City Cycle Industries Manufacturing (Pvt) Ltd.
- Website
- https://lumala.lk
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Lumala industry classification
Industry- Product category
- Bicycles and Electric Vehicles
- NAICS
- Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227), Automotive Parts and Accessories Retailers (44133)
- SIC
- Motorcycles, Bicycles & Parts (3751), Motor Vehicle Parts & Accessories (3714), Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010)
- akta.pro primary industry
- E-bikes & E-cargo Bikes Manufacturing (IMACAOAA)
- akta.pro secondary industries
- Cycling & Bike Retail (Sales, Service & Accessories) (CRAMABAH), Bike Online Retail & Omnichannel Specialists (CRAMAHAL), E-Bike Retail (CRAMAHAE), Cargo & Utility Bike Retail (CRAMAHAF), Cycling & Micromobility Products Distribution (CRAOAJAF)
Keywords
Where Lumala is headquartered
LocationHeadquarters
- HQ city
- Panadura
- HQ country
- Sri Lanka
- HQ region
- Asia
Offices1 record
Markets served
Lumala business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Bicycle Sales: One-time sales of traditional bicycles across multiple categories including kids, city, mountain, standard, and cruisers. Revenue generated through direct e-commerce sales.
- Electric Bicycle and E-Vehicle Sales: Sales of electric bicycles (E-Elite, E-Hound, E-Mythic, Hunt, Wraith, Mammoth) and electric three-wheelers (TorqX). Higher price point products with premium positioning.
- Accessories and Spare Parts: Sales of bicycle accessories, spare parts, and tools & DIY products through the e-commerce platform.
- Bike Rental Service: Offering bike renting services to customers. Revenue generated from rental fees.
- Fleet/B2B Sales: Bulk sales to business customers including delivery fleet operators. Examples include Uber Eats electric cycle fleet delivery.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Kids Bicycles |
| Unit Pricing | Pay-as-you-go | City/Standard Bicycles |
| Unit Pricing | Pay-as-you-go | Mountain Bicycles |
| Unit Pricing | Pay-as-you-go | Electric Bicycles |
| Unit Pricing | Pay-as-you-go | Gravel Bicycles |
| Unit Pricing | Pay-as-you-go | Standard Bicycles |
| Unit Pricing | Pay-as-you-go | Accessories |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Lumala product offering
Product offeringCore offering
Lumala manufactures and sells a comprehensive portfolio of bicycles and electric vehicles, including traditional bicycles (kids, city, mountain, cruiser, standard, gravel), electric bicycles (E-Elite, E-Hound, E-Mythic, Hunt, Wraith, Mammoth), commercial electric vehicles (TorqX Electric Three-Wheeler, EcoHauler Cargo Trailer), and related accessories. Products are sold direct-to-consumer through the lumala.lk e-commerce store and to commercial fleets including Uber Eats delivery partners, with manufacturing and headquarters located in Panadura, Sri Lanka.
Product overview
Lumala is a Sri Lankan bicycle and electric vehicle manufacturer with a diverse product portfolio spanning traditional bicycles, electric bicycles, electric vehicles, and related accessories. The company offers products across multiple categories including Electric (E-Elite, E-Hound, E-Mythic), EV (Hunt, Mammoth, Wraith), Mountain (Active, Gravity Highland, Marlowe, Maverick, Next, Supernova, Techno, Ultra, Xpress), City (Classic 24", Classic 26"), Cruisers (Glamour), Standard (Lumala Special STD), Gravel (Quest), and Kids bicycles (Noisy Boy, Pixie, Super King, T Rex). Commercial electric vehicles include the TorqX Electric Three-Wheeler and EcoHauler Cargo Trailer. The company also provides services including bike renting and bike registration. Lumala positions itself as enabling greener journeys through sustainable mobility solutions, manufacturing bicycles in Sri Lanka since 1975.
Differentiator
Problem solved
Functional benefit
Products and services
- E-Elite Electric Bicycle Entry-level electric bicycle designed for urban commuting, offering electric-assist functionality for easier rides. Targeted at individual commuters and e-mobility adopters.
- E-Hound Electric Mountain Bike Electric mountain bike combining pedal-assist technology with off-road capability for trail riding and mountainous terrain. Targeted at off-road cycling enthusiasts.
- E-Mythic Premium Electric Bicycle Premium electric bicycle with advanced features for enhanced riding experience. Targeted at premium individual e-bike buyers.
- Hunt Electric Utility Vehicle Electric utility vehicle designed for commercial and delivery applications. Targeted at fleet operators and commercial businesses.
- Mammoth Heavy-Duty Electric Utility Vehicle Heavy-duty electric utility vehicle designed for cargo transport and commercial applications, with substantial payload capacity. Deployed in SWYFT waste management project for women and youth empowerment.
- Wraith High-Performance Electric Vehicle High-performance electric vehicle designed for commercial use and delivery services. Targeted at commercial fleet operators and delivery businesses.
- TorqX Electric Three-Wheeler Electric three-wheeler vehicle designed for commercial delivery and cargo transport, including waste collection and last-mile delivery. Targeted at commercial fleet operators and sustainability-focused enterprises.
- EcoHauler Cargo Trailer Electric cargo trailer designed to attach to electric vehicles for extended cargo capacity in commercial delivery operations. Targeted at commercial logistics and delivery operators.
- Classic 24" City Bicycle 24-inch classic city bicycle designed for casual urban riding and everyday commutes. Targeted at individual urban commuters.
- Classic 26" City Bicycle 26-inch classic city bicycle for comfortable urban commuting and recreational riding. Targeted at individual commuters.
- Glamour 26" Cruiser Bicycle 26-inch cruiser-style bicycle combining classic design with comfortable riding position for leisure and city use. Targeted at leisure and lifestyle riders.
- Active 26" 21SPD Mountain Bicycle 26-inch mountain bike with 21-speed drivetrain for versatile off-road and trail riding. Targeted at trail and off-road cycling enthusiasts.
- Gravity Highland 26" Mountain Bicycle 26-inch mountain bike designed for highland and trail riding with rugged terrain capability. Targeted at mountain trail riders.
- Marlowe 27.5" Mountain Bicycle 27.5-inch mountain bicycle offering balanced performance for trail and all-mountain riding. Targeted at all-mountain cycling enthusiasts.
- Maverick 27.5" Mountain Bicycle 27.5-inch mountain bike designed for aggressive trail riding and mountain adventures. Targeted at performance-oriented mountain riders.
- Supernova 27.5" Mountain Bicycle 27.5-inch mountain bicycle with premium components for high-performance trail riding. Targeted at premium performance mountain cyclists.
- Techno 26" 21SPD Mountain Bicycle
Quantifiable outcome
- 100 electric cycles delivered to Uber Eats Sri Lanka for sustainable delivery operations
- +2 more outcomes
Companies that use Lumala
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles4 records
Lumala technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Lumala partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Janathakshan GTE LtdcoreSWYFT (Strengthening Women and Youth Engagement in Informal Waste Management) project implementing inclusive plastic waste management in Sri Lanka. Lumala provides TorqX Electric Three-Wheelers, Mammoth Utility E-Bikes, and EcoHauler Cargo Trailers for the initiative.
- Neptune RecyclerscoreSWYFT project partner implementing innovative e-three-wheelers for waste collection, helping create sustainable livelihoods in Sri Lanka's informal waste management sector.
- The Coca-Cola Foundation / Coca-Cola Beverages Sri LankacoreFunding and support for SWYFT project through The Coca-Cola Foundation, with Coca-Cola Beverages Sri Lanka as operational partner for sustainable community initiatives.
- Talawakelle Tea Estates PLCminorHosting Sri Lanka's first hydro-powered Material Collection and Processing Center as part of the SWYFT waste management project.
- Trek4CeylonminorLumala served as mobility partner for Trek4Ceylon 2026 (10th edition), providing technical support, quick repairs, and bicycle assistance throughout the cycling event.
- Cycling Around Sri Lanka 2026coreIsland-wide initiative promoting cycling, environmental responsibility, healthy living, and sustainable travel. Lumala welcomed the team to their factory on July 15, 2026 and provided ongoing support as mobility partner.
- Uber Eats Sri LankacoreLumala manufactured and delivered 100 electric cycles to Uber Eats Sri Lanka for their delivery partner fleet. This partnership supports Uber Eats' sustainable green mobility policy, reduces dependency on fuel, and lowers carbon emissions from delivery operations.
Scale indicators4 records
Recent moves5 records
Expansion highlights6 records
Lumala competitors and assessment
Company assessmentDirect peers
- Hero Electric: India's leading electric two-wheeler manufacturer focused on e-bicycles and e-scooters for personal and commercial use. Closely comparable to Lumala's EV product line (TorqX, Mammoth, EcoHauler) given shared focus on commercial-grade electric mobility for the South Asian market.
- TI Cycles of India: Indian bicycle manufacturer (part of Tube Investments) producing BSA, Hercules and other legacy bicycle brands. Comparable to Lumala as a South Asian bicycle manufacturer with a broad product range across price points.
- Firefox Bikes: Indian premium bicycle brand that designs, sources and sells bicycles and e-bicycles through D2C and dealer channels. Comparable to Lumala as a South Asian bicycle brand with direct-to-consumer online retail and an evolving e-bike line.
- Hero Cycles: India's largest bicycle manufacturer with multi-decade heritage and a broad portfolio spanning traditional and electric bicycles. Highly comparable to Lumala as a South Asian bicycle manufacturer serving both consumer and B2B fleet segments, with growing EV exposure.
- Avon Cycles: India-based bicycle manufacturer with a long heritage (founded 1950s) producing a wide range of conventional and electric bicycles. Comparable to Lumala as a long-established South Asian bicycle manufacturer transitioning into electric mobility.
- Yadea Group: Chinese global leader in electric two-wheelers (e-bikes, e-scooters, e-motorcycles) with strong international distribution. Comparable to Lumala in product category (electric micromobility), though at vastly greater scale and geographic reach.
Broad incumbents
- Giant Manufacturing: Taiwanese global bicycle manufacturer producing conventional and electric bicycles for worldwide markets. Comparable to Lumala as a bicycle manufacturer with significant in-house manufacturing capability, though at vastly larger scale.
- Specialized Bicycle Components: US-based global premium bicycle brand offering road, mountain and electric bikes (e.g., Turbo series). Comparable to Lumala in product category, though positioned at premium price points and serving global markets rather than Sri Lanka.
- Trek Bicycle Corporation: Global premium bicycle manufacturer with a broad portfolio including electric bikes (e.g., Domane+). Comparable to Lumala as a bicycle and e-bike manufacturer, though operating at global scale and premium positioning rather than South Asian domestic focus.
Emerging players
- Ather Energy: India-based premium electric two-wheeler manufacturer focused on smart e-scooters with strong in-house R&D. Comparable to Lumala as a South Asian EV manufacturer with proprietary technology targeting urban mobility, though Ather focuses on premium consumer e-scooters while Lumala targets commercial/cargo EVs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Lumala social profiles
Digital presenceLumala financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lumala leadership team
Management profileNumber of profiles
Lumala funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lumala 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 Lumala
What does Lumala do?
Lumala manufactures and sells a comprehensive portfolio of bicycles and electric vehicles, including traditional bicycles (kids, city, mountain, cruiser, standard, gravel), electric bicycles (E-Elite, E-Hound, E-Mythic, Hunt, Wraith, Mammoth), commercial electric vehicles (TorqX Electric Three-Wheeler, EcoHauler Cargo Trailer), and related accessories. Products are sold direct-to-consumer through the lumala.lk e-commerce store and to commercial fleets including Uber Eats delivery partners, with manufacturing and headquarters located in Panadura, Sri Lanka.
Is Lumala a public or private company?
Lumala is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Lumala founded?
Lumala was founded in 1975. It employs 251 to 500 people.
Where is Lumala based?
Lumala is headquartered in Panadura, Sri Lanka, in the Asia region.
How does Lumala make money?
Five revenue lines are on record. Bicycle Sales are the primary driver. The others are electric Bicycle and E-Vehicle Sales, accessories and Spare Parts, bike Rental Service and fleet/B2B Sales.
Who are Lumala's main competitors?
Direct peers on record are Hero Electric, TI Cycles of India, Firefox Bikes, Hero Cycles, Avon Cycles and Yadea Group. Broad incumbents are Giant Manufacturing, Specialized Bicycle Components and Trek Bicycle Corporation. Ather Energy is listed as an emerging player.
Does Lumala have an API?
No public API is recorded for Lumala.
What industry is Lumala in?
Lumala's product category is Bicycles and Electric Vehicles. Its primary akta.pro industry code is IMACAOAA, E-bikes & E-cargo Bikes Manufacturing, with a secondary code of CRAMABAH, Cycling & Bike Retail (Sales, Service & Accessories). Its NAICS code is 441227 and its SIC code is 3751.