EVage, a mobility tech startup based in Mohali, India, recently raised strategic investment from mobility veterans.
The investments were raised from Ola Electric Co-Founder and Senior Advisor Anand Shah along with BryAir Director Varun Pahwa, and DMI Group partner Anmol Nayyar. The three invested an undisclosed amount in the mobility tech startup, which is set to launch their first Electric Delivery Van.
The company said in a statement that it has a team 30 consisting of experts from Aerospace, Automotive Design, and Battery Manufacturing industries. EVage has further said that it is working in line with PM Modi’s vision of ‘Made in India, Made for World’
The company’s upcoming launch of their four wheeler Electric Delivery Van, will be focused on addressing the specific mobility needs of India’s rapidly growing logistics and e-commerce segments.
