# 3ev Industries Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/3ev-industries-private

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Bengaluru, India
- Website: www.3evi.com
- Total disclosed funding: $14M
- Latest round: Series A (Nov 26, 2025)
- Investors on record: 4

## About

Based in Bengaluru, India, founded in 2019 by Peter Hartmut Voelkner, 3ev Industries Private Limited, a.k.a. 3ev is a manufacturing company that designs, develops, manufactures and operates three-wheeler passenger and freight electric vehicles to offer micro-mobility solutions. The company comprises assembly lines, machinery, material handling, and process equipment as well as an in-house paint shop. In November 2025, 3ev Industries Private Limited raised INR 120 crores in Series A funding led by Mahanagar Gas Limited, with participation from Equentis Angel Fund, Bestvantage Investments, and Thackersey Group. The company’s product line includes e30c, a passenger auto electric conversion vehicle; e30x, a cargo/goods auto electric conversion vehicle; SHAKTI8c, an electric cargo vehicle loaded with suitable solar panel systems for extended range and additional telemetry devices for live vehicle tracking; SHAKTI8c Mini, a flatbed electric cargo vehicle with solar panel systems and telemetry devices; and VEGA4, a 4-seater passenger auto. 3ev also allows individuals to convert their vehicles into electric vehicles. The firm offers a mobile application to provide community-based transportation, delivery, and convenience services. In addition, the company provides LFP (lithium iron phosphate) batteries to meet the vehicle's performance. The company will use the funding from November 2025 to expand its electric vehicle operations and accelerate growth in the commercial EV segment.

## Funding rounds

- Series A, Nov 26, 2025, $14M — BestVantage Investments, Mahanagar Gas Limited, Equentis, Thackersey Group

## Investors

- BestVantage Investments (https://capitalatlas.ai/funds/bestvantage-investments) — Series A
- Mahanagar Gas Limited — Series A
- Equentis (https://capitalatlas.ai/funds/equentis) — Series A
- Thackersey Group — Series A