Series A India
BA

BU4 Auto

BU4 Auto Pvt. Ltd. is an Ahmedabad-based electric two-wheeler company focused on manufacturing affordable, sustainable, and 100% Made-in-India EVs. Established in 2022, it operates on an R&D-led approach to create durable, efficient, and scalable mobility solutions aligned with India’s growing EV adoption.

Industry Sectors
Electric Mobility Electric Vehicles
Key Highlights
  • ₹12.3 Cr YTD revenue | 2,353 units sold, reflecting strong growth momentum
  • 55 dealers | 8 exclusive stores | 9 states presence, scaled from 0 to 55 dealers in ~2 years
  • 4 products launched | 1 launching ( URON Pro - EV motorcycle) | 1 under development
  • 3,000 units/month installed manufacturing capacity
  • Gross margins improved from 14% to 18%
  • ₹7.5 Cr government-backed funding with national recognition and industry accolades
  • Expansion underway in export markets (Nepal, Africa, Uganda)

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Current Round Valuation
INR 200.00 crore
Fundraising Goal
INR 25.00 crore
Minimum Investment
INR 1.00 crore
Team Size
50
Location
Ahmedabad, India
Incorporated
February 2022
Social Media

Meet the Team

Urvish Shah

Co-Founder & CEO
Co-Founder & Strategic Advisor, BU4 Auto Drives strategy, governance, and scalable execution Leads Riya Auto (Tata Motors dealership, Ahmedabad; 6 outlets)

Bindi Shah

Founder & Director
Built a fast-growing EV brand focused on design excellence, customer-centricity, and scalable execution. Led rapid multi-state expansion, strengthening distribution and operational capabilities. Recipient of the Pride of Gujarat Award as a Rising Female Entrepreneur, recognizing leadership in sustainable innovation.
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