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PT Ilectra Motor Group

PT Ilectra Motor Group

Private
IndonesiaMobility, Transportation & Logisticshttps://www.alvaauto.com/

Last Round

Series B

Aug 21, 2023

Total Funding Raised

$50M

Company Overview

PT Ilectra Motor Group is an automotive company that manufactures and sells electric motorcycles under the brand name ALVA in Indonesia.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Clean Transportation, D2C Brands

Business Model

B2C

Customer Profile

Hardware Sales, Hardware + Subscription

AI Layer

Non-AI

Keywords

electric motorcyclee-motorcyclemotor listrikelectric scooterelectric mobilityIndonesian electric vehiclesEV manufacturingconnected vehicledirect-to-consumerD2C brandEV ecosystemclean transportationcompanion mobile appvehicle telemetrybattery subscription

Historical Pricing

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Caplight Momentum Score

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PT Ilectra Motor Group Comps

Public and private peers based on sector, stage, and business model.

PT Ilectra Motor Group comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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PT Ilectra Motor Group Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BAug 21, 2023
Joint VentureMay 27, 2022

Key People

Founding team and executive leadership

Purbaja Pantja

Chief Executive Officer

Executive Team

William Kusuma

Head Of CEO Office

Executive Team

PT Ilectra Motor Group Investors

Notable investors and investment history

PT Ilectra Motor Group investors
InvestorRounds
Horizons VenturesJoint Venture, Series B
Brama One VenturesSeries B
BramafamSeries B
Alpha JWC VenturesJoint Venture, Series B
CTBC HoldingSeries B

Market signals

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  • Jan 2, 2026

    Monthly visitors grew 69% MoM, reaching 98.3K.

  • Jun 1, 2025

    Monthly visitors grew 177% MoM, reaching 102.5K.

PT Ilectra Motor Group Filings

SEC and related filings with document metadata.

Data table
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PT Ilectra Motor Group Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersIndonesia
Employee Range377
Year Founded2021
Last FundingAug 21, 2023

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