Evate

Innovating Sustainable Mobility.

Financial Services, Automotive, Services

Basic Information

EVATE: Revolutionising Electric Vehicle Adoption and Sustainability EVATE is a pioneering company with a bold mission: to accelerate the global transition to electric vehicles (EVs) by making them accessible to the next billion individuals, while championing sustainability and a greener future. With our cutting-edge tech platform, we specialise in transforming conventional internal combustion engine vehicles into EVs through up-cycling, coupled with innovative financing solutions. Our initial focus is on retrofitting and financing 3-wheel passenger autos into EVs, utilizing our highly acclaimed MVP conversion kit. Our kit boasts a proven track record, and we have established strong partnerships with renowned component manufacturers, service providers, NBFCs, auto associations, and cab aggregators in India. Now, EVate is proud to announce the launch of a proof of concept (POC) involving 50 conversions, supported by loan offerings against these conversions. With an exceptional business plan and a seasoned team at the helm, we are primed for success. EVATE's Founding Team comprises industry experts, including Amit Shahani and vijay H Madhusudan. Both are IIT Madras alumni with a wealth of experience in mobility, fintech, engineering, sustainability, analytics, cleantech and sustainability.

Legal Name

Evate Technologies Private Limited

Headquarters

Bengaluru, Karnataka, India

Founding Date

2023

No. of Employees

<10

Core Team

Vijay H Madhusudan

Co-Founder