EVage Ventures Pvt Ltd

India - Chandigarh

• 14/01/2022
• Pre-Seed
• $28,000,000

Re-imagining Mobility | Transforming Logistics

EVage is India's leading all-electric, purpose-built commercial vehicle OEM and has fused automobile designing with the ingenuity of aerospace engineering to reimagine and transform the mobility industry. This has led the company to pioneer breakthrough products like the modular single skateboard capable of building multiple vehicle types, a lightweight yet tough exoskeleton covered with an innovative space-grade composite material, ultra-stable and fast charging batteries with advanced chemistry; all manufactured in our super-efficient Modular Micro Manufacturing factory set up.

Our 'Exoskeleton Structure' serves as an economical common architecture for SUVs, vans, delivery vehicles, or trucks. Currently, the company employs around 50 people from aeronautics and automobile backgrounds at its R&D and Robotics center in Punjab, India.

Over eight years of R&D has led to 20 patents and successful pilots with some of the world's top FMCG, retail, e-commerce and logistics companies.

Read more: www.evage.in

Related People

Inderveer SinghFounder

India - Chandigarh

Entrepreneur l Auto Enthusiast l Develop Unique Products

Ivee's entrepreneurial journey started in 2014, which led to the formation of EVage and conception of their first product – a four-wheeler, 1-Tonne commercial vehicle. As founder and CEO, Ivee is on a mission to lead EVage's mobility transformation dream for India and the world.

He completed his graduation from Amity University and joined one of the top Forging companies in India, where he was responsible for the growth and was instrumental in setting up the R&D division from scratch and build capabilities for meeting Global Automotive Tier 1 demand.

With around ten years of extensive automotive experience spanning R&D, Plant Management, and Business and Sales Experience, he has also had the privilege of undergoing training in TQM and Breakthrough Management in Japan.

His curious mind and the ability to create innovative products are traits he has had since childhood – and dabbled with Window Cleaning Bots, Exoskeletons, HVAC Duct Cleaning & Sanitising Bots, to name a few.

Ivee's ambition is to have the world's most empowered talent pool of engineers, innovators, techies and designers to come under the EVage banner to create breakthrough products that would make a meaningful impact in the lives of people.

LinkedIn https://www.linkedin.com/in/inderveer-singh-7767b67/?originalSubdomain=in