Startups
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
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
Overview
Location
India, Chandigarh
Employees
11-50
Total raised
$28M
Founded date
2014
Founders name
Harnoor Kaur; Pulkit Srivastava
Funding Rounds 1
| Date | Series | Amount | Investors |
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Persons 17
| Date | First Name | Last Name | Title | Location | |||
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| Fardeen | Zaidi | Design Engineer -Structure | Sign up to see | ||||
| Amit | Sharma | Maintenance Specialist | Sign up to see | ||||
| Sudhanshu | Kashyap ✔ | Suspension Engineer - Vehicle Dynamics | Sign up to see | ||||
| Roopansh | Puri | Production GETEngineer | Sign up to see | ||||
| Harnoor | Kaur | Co-Founder | Sign up to see | ||||
| Rajkamal | Ganesan | Product Marketing Manager | Sign up to see | ||||
| Pravin | Subba | HR Leader | Sign up to see | ||||
| Arnab | Saha | Sign up to see | |||||
| Harmeet Singh | Khanuja | Sign up to see |
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Mentions in press and media 6
| Date | Title | Description |
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| Jan 16, 2022 | EVage Raises $28M in Seed Funding | EVage’s one-tonne electric truck, purpose built for deliveries EVage, an Indian all-electric light commercial vehicle OEM, raised $28M in seed funding. The round was led by RedBlue Capital. In conjunction with the funding, Prescott Watson, ... |
| Jan 14, 2022 | India’s EVage raises $28m in seed round from RedBlue Capital | Electric commercial vehicle startup EVage Friday announced that it has raised $28 million in a seed round of funding from US-based venture capital firm RedBlue Capital. The funding will allow EVage to complete its production-ready factory o... |
| Jan 14, 2022 | RedBlue Capital leads $28m seed round for EVage, the leading all-electric Indian light commercial vehicle OEM | - One of India's largest seed rounds NEW DELHI, Jan. 14, 2022 /PRNewswire/ -- US-based venture capital firm RedBlue Capital has invested USD 28 million in EVage – the leading all-electric commercial vehicle OEM in India supplying EV trucks ... |
| Jan 14, 2022 | EV startup EVage raises $28 million from RedBlue Capital, others | Bengaluru: EVage, an all-electric commercial vehicle startup, has raised $28 million in a seed funding round led by US-based venture capital firm RedBlue Capital. The company said it will use the fund to build a factory outside Delhi, where... |
| Aug 17, 2020 | EVage introduces India’s first home-built ‘Exoskeleton Structure’ | New Delhi: Mobility tech start up firm EVage introduces India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for launch of SUVs, Vans, Delivery Vehicles and Trucks The disruptive technology innovation, from w... |
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FAQ about EVage Ventures Pvt Ltd
When was EVage Ventures Pvt Ltd founded?
EVage Ventures Pvt Ltd was founded in 2014.
How much funding has EVage Ventures Pvt Ltd raised?
EVage Ventures Pvt Ltd has raised $28M in total across 1 funding round.
What has the press written about EVage Ventures Pvt Ltd?
Parsers VC has collected 6 articles mentioning EVage Ventures Pvt Ltd, among them “EVage Raises $28M in Seed Funding” (Jan 16, 2022) and “India’s EVage raises $28m in seed round from RedBlue Capital” (Jan 14, 2022).
Is EVage Ventures Pvt Ltd still active?
Yes, EVage Ventures Pvt Ltd is active; its latest activity on Parsers VC dates from Jan 18, 2022.