About EVage Motors
EVage Motors is a company based in Dera Bassi (India) founded in 2014 by Inderveer Singh Panesar and Harnoor Kaur. It operates as a B2B. EVage Motors has raised $32.91 million across 6 funding rounds from investors including S Chand Group, Bio D Technology and RedBlue. The company has 1 employees as of November 30, 2024. EVage Motors operates in a competitive market with competitors including Harbinger Motors, SUPERPANTHER, Watt Electric Vehicle, SERES and MIA Dynamics, among others.
- Headquarter Dera Bassi, India
- Employees 1 as on 30 Nov, 2024
- Founders Inderveer Singh Panesar, Harnoor Kaur
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$32.91 M (USD)
in 6 rounds
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Latest Funding Round
$131.79 K (USD), Seed
Mar 23, 2024
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Investors
S Chand Group
& 11 more
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Employee Count
1
as on Nov 30, 2024
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People of EVage Motors
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Funding Insights of EVage Motors
EVage Motors has successfully raised a total of $32.91M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $131.79 thousand completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in EVage Motors
EVage Motors has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include S Chand Group, Bio D Technology and RedBlue.
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Investments are directed toward early-stage mobility startups by RedBlue.
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Early-stage tech and offline focused VC firm investing in Israel and the US
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Investments in tech startups are managed by Onnivation.
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Investor details for EVage Motors
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Investments & Acquisitions by EVage Motors
Investment portfolio details for EVage Motors
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Financial Statements - EVage Motors
Detailed financials for EVage Motors
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Evage Motors Comparisons
Peer comparison for EVage Motors
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Competitors of EVage Motors
EVage Motors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Harbinger Motors, SUPERPANTHER, Watt Electric Vehicle, SERES and MIA Dynamics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Harbinger Motors is focused on electrifying commercial vehicle industries.
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Electric skateboard chassis for commercial vehicles are developed.
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Designs and engineers lightweight electric vehicles for commercial and passenger use.
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Specializes in electric motors, inverters, and software for electric vehicle development.
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Develops innovative all-terrain quad-wheel electric vehicle platforms.
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Detailed competitors of EVage Motors
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Latest news on Evage Motors
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Frequently Asked Questions about EVage Motors
EVage Motors was founded in 2014 and raised its 1st funding round 5 years after it was founded.
EVage Motors is headquartered in Dera Bassi, India. It is registered at Dera Bassi, Punjab, India.
Inderveer Singh Panesar is the current CEO of EVage Motors. They have also founded this company.
EVage Motors is a funded company, having raised a total of $32.91M across 6 funding rounds to date.
As of Nov 30, 2024, the latest employee count at EVage Motors is 1.
EVage Motors, established in 2014, excels in providing transportation services, dealing with automotive parts, developing electric vehicles, and cargo truck manufacturing. Manufactures high-quality electric cargo trucks for commercial applications. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
EVage Motors's top competitors include Harbinger Motors, SUPERPANTHER and Watt Electric Vehicle.
EVage Motors has 12 investors. Key investors include S Chand Group, Bio D Technology, RedBlue, Harminder Sahni, and Maniv Mobility.
The valuation of EVage Motors is $61.49M as of Mar 2024.