Zeuva

Made In India, Made For India: Zeuva Automotives is bringing Electric Vehicle battery packs for an Aatmanirbhar Bharat.

Energy, Manufacturing, Mobility / Transportation, Automotive

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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

Vivek Dawange

Co-Founder

Nishant Ranjan

Co-Founder

Manoj Bhataria

Co-Founder & CTO

Tech30 Pitch

Timeline

2018

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.

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!

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

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

Feb | Awards

SiliconIndia awarded us EV startup of the year award.

Revenue Stream

Physical Commerce

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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

India, India Tier 1, India Tier 2

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Funding

Total Funding

$100.0k

Investors

Bhupesh Bansal