QUANTUM ENERGY
Quantum Energy Limited is a Hyderabad-based electric two-wheeler manufacturer producing mid-speed scooters under the Plasma (consumer) and Bziness (commercial fleet) brands. The company sells through a 13+ state dealer franchise network and B2B fleet partnerships across India, with cumulative sales exceeding 17,000 vehicles.
- Company typePrivate
- Founded2020
- HeadquartersHyderabad-deccan, India
- Headcount101–250
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What QUANTUM ENERGY does
Quantum Energy Limited is an India-based electric two-wheeler manufacturer incorporated in 2020 and headquartered in Hyderabad, Telangana. The company designs, manufactures, and distributes mid-speed electric scooters under two product families: the Plasma series (Plasma X, Plasma SR) targeting urban individual commuters, and the Bziness series (Bziness X, Bziness XP, Bziness EMO, Bziness XS, Bziness Yuma, Bziness S) targeting commercial fleet operators and last-mile delivery customers. Technical specifications across the lineup include 1500W-2500W motors, top speeds of 45-65 kmph, and per-charge range of 80-180 km. Ex-showroom pricing is positioned in the Rs. 95,000-Rs. 1,05,000 band, placing the company in the mid-speed, mid-price segment of the Indian electric two-wheeler market.
The company's business model combines a multi-channel distribution network with ecosystem partnerships. Its primary consumer go-to-market is a dealer franchise model with Rs. 20-50+ Lakhs dealer investment commitments, spanning 13+ Indian states including Telangana, Karnataka, Tamil Nadu, Rajasthan and Maharashtra. A parallel direct-B2B sales motion serves commercial fleet customers via partnerships with FMCG distributors (Ratnadeep, Skippy) and fleet/logistics platforms (Loadshare, Vrishti, Cargo Players, Glide-EV, Grow-EV, GoGadi, Tocal, Evygo, Greenride, GoBabyGo, Tranzit). Battery-as-a-service revenue is generated indirectly through integrations with at least five battery-swapping networks (Yuma Energy, EMO Energy, Sun Mobility, Battery Smart, Indofast Energy). Telematics are delivered through a Thingsup integration, and retail/fleet financing is facilitated via Hero FinCorp using AI-led underwriting.
Quantum Energy's manufacturing footprint centers on an R&D facility in Patancheru, Telangana, and a greenfield manufacturing plant in Maheshwaram, Telangana. The facility was inaugurated in March 2026 at 55,000 sq ft with capacity of 36,000 units/year and is being expanded to 1,50,000 sq ft, targeting 10,000 units/month by May 2026 and 20,000 units/month by mid-2027. As of October 2025 the company reported 15,000+ EVs sold cumulatively; its homepage states 17,000+ vehicles sold, and it achieved Vahan Portal ranking of 10 in July 2024 (up from rank 57 in October 2022). No external funding rounds, revenue figures, or employee counts are disclosed in the input material.
QUANTUM ENERGY firmographics
Firmographics- Name
- QUANTUM ENERGY
- Legal name
- Quantum Energy Limited
- Website
- https://quantumenergy.in
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Quantum Energy Limited is a Hyderabad-based electric two-wheeler manufacturer producing mid-speed scooters under the Plasma (consumer) and Bziness (commercial fleet) brands. The company sells through a 13+ state dealer franchise network and B2B fleet partnerships across India, with cumulative sales exceeding 17,000 vehicles.
- Ownership category
- akta.pro rank
QUANTUM ENERGY industry classification
Industry- Product category
- Electric Two-Wheeler Manufacturing
- NAICS
- Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227)
- SIC
- Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- E-scooters & E-mopeds Manufacturing (IMACAOAB)
- akta.pro secondary industries
- Electric Motorcycles & Electric Scooters Manufacturing (IMACAEAB), E-Mopeds & Light Electric Motorbikes (Consumer) (CRACASAG)
Keywords
Where QUANTUM ENERGY is headquartered
LocationHeadquarters
- HQ city
- Hyderabad-deccan
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
QUANTUM ENERGY business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Electric Scooter Sales: Quantum Energy generates revenue primarily from the direct sale of electric two-wheelers (Plasma and Bziness series) through its dealer network and experience centers across India. Products are priced at ex-showroom price points ranging from Rs. 95,000 to Rs. 1,05,000.
- Fleet and B2B Solutions: The company serves commercial fleet operators (last-mile delivery, logistics companies) with purpose-built vehicles like the Bziness XP, Bziness EMO, and Bziness X. Fleet partnerships include FMCG companies (Ratnadeep, Skippy) and fleet management companies, with after-sales support including proactive maintenance and 24-hour customer care.
- Battery-as-a-Service and Swapping: Through partnerships with Yuma Energy, EMO Energy, Indofast Energy, Sun Mobility, and Battery Smart, Quantum Energy offers battery swapping compatible vehicles. Revenue is partially enabled through battery-as-a-service models where customers pay per swap rather than purchasing batteries outright.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Plasma SR - Affordable commuter EV scooter |
| Unit Pricing | Pay-as-you-go | Plasma X - Mid-speed commuter EV |
| Unit Pricing | Pay-as-you-go | Bziness X - Commercial fleet scooter |
| Unit Pricing | Pay-as-you-go | Bziness XP - High-range fleet delivery scooter |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
QUANTUM ENERGY product offering
Product offeringCore offering
Quantum Energy Limited manufactures and sells mid-speed electric scooters in India through two product lines: the Plasma series for individual urban commuters and the Bziness series for commercial fleet and last-mile delivery operators. Products are priced at Rs. 95,000–1,05,000 ex-showroom and distributed through a dealer franchise network across 13+ Indian states and direct B2B fleet sales. Key technical capabilities include battery-swapping compatibility across multiple third-party networks (Yuma Energy, EMO Energy, Indofast Energy, Sun Mobility, Battery Smart), 20-minute fast charging via ZenPac liquid-cooled battery technology, and IoT/telematics integration for fleet management.
Product overview
Quantum Energy is an Indian electric two-wheeler manufacturer offering a portfolio of mid-speed electric scooters designed for urban commuters and commercial fleet operators. The product lineup includes the Plasma series (Plasma X, Plasma SR) targeting personal commuters with features like Bluetooth connectivity and multiple driving modes, and the Bziness series (Bziness X, Bziness XP, Bziness XS, Bziness Yuma, Bziness EMO, Bziness S) designed for delivery and fleet operations with options for conventional charging, fast charging, and battery swapping capabilities. The Bziness EMO model incorporates EMO Energy's liquid-cooled battery technology with 20-minute ultra-fast charging. Manufacturing is based in Hyderabad with a greenfield facility in Maheshwaram, Telangana.
Differentiator
Problem solved
Functional benefit
Brands
- Plasma: Electric scooter product line including Plasma, Plasma X, Plasma XR, Plasma SR variants
- Bziness
Products and services
- Plasma X Mid-speed electric scooter with top speed of 60 km/h, range of 115–125 km per charge, and 1500W motor. Features regenerative braking, USB charger, adjustable eco and sport driving modes, reverse gear, and Bluetooth-enabled cluster with app connectivity. Targeted at individual urban commuters in India; ex-showroom price Rs. 99,999 (Telangana).
- Plasma SR Electric scooter with top speed of 65 km/h, range of up to 120 km on a single charge. Equipped with keyless start, digital display, anti-theft alarm, and advanced features designed for daily urban commuting.
- Bziness X Electric scooter with top speed of 60 km/hr, range of up to 105 km per charge. Features digital display, anti-theft alarm, tubeless tires, drum brakes with CBS system, USB charger, LED lights, and smart LED 3.5-inch CAN-based cluster. Targeted at commercial fleet operators; ex-showroom price Rs. 95,000 (Telangana).
- Bziness XP Electric delivery scooter with top speed of 55–60 km/hr and range of up to 120–139 km per charge. Designed for business delivery operations with digital display, anti-theft alarm, tubeless tires, and reverse mode. Features 2500W motor and 200 kg max payload capacity; ex-showroom price Rs. 1,05,000 (Telangana).
- Bziness XS Battery-swapping electric scooter with top speed of 45 kmph, 80 km range per swap, and 1500W motor power. Designed for commercial fleet operations with battery swap capability through partner networks (Sun Mobility).
- Bziness Yuma Electric scooter with top speed of 50 kmph and extended range of 180 km per charge using dual battery system (4 kWh). Designed for fleet and last-mile delivery operations with battery swapping compatibility through Yuma Energy network, offering minute-level battery swap times and 99.9% network uptime.
- Bziness EMO Purpose-built electric scooter for last-mile delivery with top speed of 50–90 km, up to 90 km range, and 2 kWh ZenPac liquid-cooled battery. Features 20-minute fast charging capability via EMO Energy's network of 1,300+ chargers across 12+ cities and 1420mm wheelbase. Deployment target of 10,000 units over 12 months.
- Bziness S Battery-swappable electric scooter compatible with Battery Smart swapping network. Features 247 kg max GVW and 220mm ground clearance, designed for commercial fleet operations.
Quantifiable outcome
- 17,000+ EVs sold and deployed across India
- +4 more outcomes
Companies that use QUANTUM ENERGY
Customer profileNamed customers14 records
Segments2 records
Ideal customer profiles2 records
QUANTUM ENERGY technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability1 record
Feature4 records
QUANTUM ENERGY partnerships and signals
Strategic signalPartnerships
22 partnerships are on record, tiered core and supporting.
- Yuma EnergycoreYuma Energy (a JV between Magna International and Yulu Energy, founded in 2023) partnered with Quantum Energy to enable battery swapping compatibility for the Quantum Bziness electric scooter. The partnership offers minute-level battery swap times and 99.9% network uptime, addressing vehicle downtime — a key barrier to EV adoption for commercial and last-mile delivery users. Yuma Energy operates 350+ battery swapping stations across 18 Indian cities serving 45,000+ daily customers.
- EMO EnergycoreQuantum Energy partnered with EMO Energy (a deep energy-tech startup founded in 2022) to launch the Quantum Bziness EMO, an electric scooter for India's last-mile delivery sector. The collaboration uses EMO Energy's patented liquid-cooled ZenPac battery technology (2 kWh, 20-minute fast charging, 80 km range) and is supported by EMO Energy's network of 1,300+ fast chargers across 12+ cities. Target deployment is 10,000 units over 12 months.
- Indofast EnergycoreIndofast Energy partnered with Quantum Energy to power battery-swappable electric scooters. Indofast Energy operates 1,600+ battery swap stations across 23 cities supporting 90,000+ EVs, enabling Quantum Energy's Bziness S and other models to access its swapping network.
- GoDigitsupportingQuantum Energy is associated with GoDigit for comprehensive insurance coverage, making insurance-related matters easier for customers purchasing electric scooters.
- Sun MobilitycoreQuantum Energy's Bziness XS model is compatible with Sun Mobility's battery swapping network, enabling quick battery exchanges for commercial fleet operators.
- Battery SmartcoreQuantum Energy's Bziness S model is compatible with Battery Smart's battery swapping infrastructure, enabling operators to swap batteries quickly and reduce vehicle downtime.
- National InsurancesupportingNational Insurance is listed as an insurance partner for Quantum Energy, providing vehicle insurance coverage options for customers.
- TATA AIGsupportingTATA AIG is listed as an insurance partner for Quantum Energy, offering insurance coverage for electric scooter buyers.
- ThingsupsupportingThingsup is listed as a technology partner for Quantum Energy, providing IoT/telematics solutions for fleet management and vehicle tracking.
- LoadsharesupportingLoadshare is a fleet partner operating EV logistics and sharing services with Quantum Energy vehicles.
- VrishtisupportingVrishti is a fleet partner operating EV logistics with Quantum Energy vehicles.
- Cargo PlayerssupportingCargo Players is a fleet partner for cargo EV operations using Quantum Energy scooters.
- GoGadisupportingGoGadi is a fleet partner for EV logistics and delivery operations with Quantum Energy.
- TocalsupportingTocal is a fleet partner for EV operations using Quantum Energy vehicles.
- EvygosupportingEvygo is a fleet partner for EV sharing and delivery services using Quantum Energy vehicles.
- GreenridesupportingGreenride is a fleet partner for green mobility services using Quantum Energy vehicles.
- Glide-EVsupportingGlide-EV is a fleet partner for EV operations using Quantum Energy vehicles.
- GoBabyGosupportingGoBabyGo is a fleet partner for EV delivery services using Quantum Energy vehicles.
- TranzitsupportingTranzit is a fleet partner for transit and logistics EV operations using Quantum Energy.
- Grow-EVsupportingGrow-EV is a fleet partner for EV fleet management using Quantum Energy vehicles.
- RatnadeepsupportingRatnadeep, an FMCG company, uses Quantum Energy fleet scooters for distribution operations.
- SkippysupportingSkippy, an FMCG company, uses Quantum Energy fleet scooters for distribution operations.
Scale indicators9 records
Recent moves11 records
Expansion highlights6 records
QUANTUM ENERGY competitors and assessment
Company assessmentBroad incumbents
- Bajaj Auto: Legacy Indian 2W giant re-entered EV 2W via Chetak Electric; competes with Quantum across both commuter and upcoming electric scooter lines with established manufacturing and dealer infrastructure.
- Hero MotoCorp: World's largest two-wheeler manufacturer and parent of Vida (electric scooter brand); competes with Quantum across ICE-to-EV transition with vastly deeper R&D, distribution, and capital resources.
- TVS Motor Company: Incumbent Indian 2W OEM (iQube EV) with broader ICE portfolio, deeper dealer/service network, and significantly larger balance sheet — competing in the same EV 2W space as Quantum from a position of scale.
Direct peers
- Ola Electric: India's largest electric two-wheeler manufacturer (S1 series) and Quantum's most direct head-to-head competitor in the Indian mid-speed EV 2W segment, with significantly larger scale, brand pull, and capital base.
- Bounce Infinity: Bengaluru-based EV 2W OEM and battery-swap operator; the closest comparable peer to Quantum given its combination of scooter manufacturing and battery-swapping ecosystem participation.
- Ather Energy: Bangalore-based premium EV 2W OEM (450, Rizta) competing in the same Indian mid-speed electric scooter category with a strong D2C + experience-center model analogous to Quantum's Plasma line.
- Hero Electric: India's mass-market EV 2W pioneer (Optima, Nyx, Photon) directly competing with Quantum's affordable Plasma/Bziness models across Tier-2/3 cities and dealer networks.
- Simple Energy: Bangalore-based Indian EV 2W startup (Simple One) targeting similar mid-speed commuter segment with comparable pricing and D2C positioning; a like-stage peer to Quantum.
- Ampere Electric (Greaves Cotton): Chennai-based affordable EV 2W OEM owned by Greaves Cotton, competing directly with Quantum's Bziness and entry Plasma models in the commercial and budget commuter segments.
Emerging players
- River (River Indie): Bengaluru-based EV 2W startup (Indie) focused on utility/fleet use cases — closely comparable to Quantum's Bziness line in target segment and product philosophy, though at an earlier commercial stage.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
QUANTUM ENERGY social profiles
Digital presenceQUANTUM ENERGY financial estimates
Financial estimateRevenue estimate
Valuation estimate
QUANTUM ENERGY leadership team
Management profileNumber of profiles
Profiles4 records
QUANTUM ENERGY funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QUANTUM ENERGY 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 QUANTUM ENERGY
What does QUANTUM ENERGY do?
Quantum Energy Limited manufactures and sells mid-speed electric scooters in India through two product lines: the Plasma series for individual urban commuters and the Bziness series for commercial fleet and last-mile delivery operators. Products are priced at Rs. 95,000–1,05,000 ex-showroom and distributed through a dealer franchise network across 13+ Indian states and direct B2B fleet sales. Key technical capabilities include battery-swapping compatibility across multiple third-party networks (Yuma Energy, EMO Energy, Indofast Energy, Sun Mobility, Battery Smart), 20-minute fast charging via ZenPac liquid-cooled battery technology, and IoT/telematics integration for fleet management.
Is QUANTUM ENERGY a public or private company?
QUANTUM ENERGY is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was QUANTUM ENERGY founded?
QUANTUM ENERGY was founded in 2020. It employs 101 to 250 people.
Where is QUANTUM ENERGY based?
QUANTUM ENERGY is headquartered in Hyderabad-deccan, India, in the Asia region.
How does QUANTUM ENERGY make money?
Three revenue lines are on record. Electric Scooter Sales are the primary driver. The others are fleet and B2B Solutions and battery-as-a-Service and Swapping.
Who are QUANTUM ENERGY's main competitors?
Broad incumbents on record are Bajaj Auto, Hero MotoCorp and TVS Motor Company. Direct peers are Ola Electric, Bounce Infinity, Ather Energy, Hero Electric, Simple Energy and Ampere Electric (Greaves Cotton). River (River Indie) is listed as an emerging player.
Does QUANTUM ENERGY have an API?
No public API is recorded for QUANTUM ENERGY.
What industry is QUANTUM ENERGY in?
QUANTUM ENERGY's product category is Electric Two-Wheeler Manufacturing. Its primary akta.pro industry code is IMACAOAB, E-scooters & E-mopeds Manufacturing, with a secondary code of IMACAEAB, Electric Motorcycles & Electric Scooters Manufacturing. Its NAICS code is 441227 and its SIC code is 3751.