EVage Ventures Pvt.
Latest round
- Seed
Last raised
- Jan 2022
Total raised
- $32M
Investors
- 2
About EVage Ventures Pvt.
EVage Ventures Pvt. Ltd. specializes in manufacturing electric commercial vehicles, focusing on sustainable logistics solutions.Founded in 2019 in Chandigarh, India, EVage Ventures Pvt. Ltd. operates in the electric vehicle sector, specifically targeting commercial vehicle manufacturing. The founding team includes Harnoor Kaur, Inderveer Singh, and Pulkit Srivastava, with Inderveer Singh currently serving as the CEO.EVage Motors is a pioneering manufacturer of electric commercial vehicles, most notably the fully-electric FR8. This 1-ton electric truck is specifically designed for logistics and delivery industries. The FR8 utilizes a proprietary modular chassis known as the 4ME platform, allowing customization for various applications such as passenger transport, delivery vans, and heavy-duty trucks.EVage Motors generates revenue through the sale of its flagship product, the FR8 electric truck, primarily targeting B2B transactions with fleet operators. The pricing structure reflects the advanced technology and customization options available for the FR8, appealing to businesses seeking reliable delivery solutions.30 in 2023.In January 2022, EVage Ventures Pvt. Ltd. The funds will be utilized to build a factory outside Delhi to manufacture their maiden product, Model X, anticipated for release by 2023. The company plans to expand its product offerings and aims to penetrate additional markets in India, further solidifying its position in the electric vehicle sector.
Who invested in EVage Ventures Pvt.
2 investors across 2 rounds
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Questions about EVage Ventures Pvt.
Who invested in EVage Ventures Pvt.?
EVage Ventures Pvt. has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has EVage Ventures Pvt. raised?
EVage Ventures Pvt. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did EVage Ventures Pvt. last raise money?
EVage Ventures Pvt.'s most recent round on record is a Seed, in Jan 2022.
What does EVage Ventures Pvt. do?
EVage Ventures Pvt. is a automobiles, other vehicles & parts company.
Where is EVage Ventures Pvt. headquartered?
EVage Ventures Pvt. is headquartered in Chandigarh, India.
Which VCs invest in companies like EVage Ventures Pvt.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back automobiles, other vehicles & parts companies at EVage Ventures Pvt.'s stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Seed
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