company logo
Made In India, Made For India: Zeuva Automotives is bringing Electric Vehicle battery packs for an Aatmanirbhar Bharat.
Basic Information
"Mobility, logistics, transport and other industries are undergoing a transition, and at the heart of this is Lithium-ion battery packs, ensuring a more sustainable future for the planet. Zeuva is trying to accelerate this transition by bridging the technology gap between what is available and what can be designed, especially under critical parameters like price, charging time, safety, etc. This Mumbai-based startup, launched in January 2018, aims to disrupt the automotive sector by providing 5x cheaper two wheeled transportation to business and consumers in India. It wants to drive the adoption of EVs in the country by making them more optimal, affordable and accessible, and eventually the de-facto choice for mobility in cities and towns. "
Legal Name
:
Zeuva Automotive Private Limited
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
B2B,  B2B2C  
Founding Date
:
2016
No. of Employees
:
<10
Core Team
:
1.  
Vivek Dawange
Co-Founder
2.  
Nishant Ranjan
Co-Founder
3.  
Manoj Bhataria
Co-Founder & CTO
Tech30 Pitch
Timeline

2018

Company Incorporation

Jan | Company Incorporation

We started by trying to build an electric motorcycle in 2016 - that went sideways very fast. The co-founder left in 3 months. We built the team again but they too left. Anyways through all this mayhem, we pivoted to battery packs and incorporated.

Accelerator / Incubator Program

Oct | Accelerator / Incubator Program

Our last working place was closing down because of certain issues, and we were looking for new places to move into. During this search we came across Sardar Patel Technology Business Incubator based out of Bhavan's Campus. We got selected, Yay!

Founding Team Hired

Dec | Founding Team Hired

Manoj decided to join the team and start helping us on the electronics side of things. Vivek also joined in a couple of months. That is the founding team.

2019

Raised Funding

Oct | Raised Funding

We raised seed capital from Sardar Patel Technology Business Incubator (https://www.sptbi.com/) to push product development and bring initial clients.

2020

Awards

Feb | Awards

SiliconIndia awarded us EV startup of the year award.

Revenue Stream
Target Market
B2B
Our customers are Original Equipment Manufacturers for Electric Vehicle products (e.g. scooters, rickshaws, etc), Fleets which use Electric Vehicles and Dealer of Electric Vehicles.
Client Segment
:
Automotive,  E-Commerce,  Mobility / Transportation  
Target Companies
:
Startup,  Small Enterprise,  Medium Enterprise  
Target Geography
:
Funding

Total Funding

$100.0k

Investors
:
1.  
Bhupesh Bansal
2.  
SP-TBI