Key Metrics
  • No. of Employees68
  • Founded Year 2014
  • Company StagePrivate Limited Company
  • Total Funding₹242.55 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About EVage

EVage is India's leading all-electric, purpose-built commercial vehicle OEM and has fused automobile designing with the ingenuity of aerospace engineering to reimagine and transform the mobility industry. This has led the company to pioneer breakthrough products like the modular single skateboard capable of building multiple vehicle types, a lightweight yet tough exoskeleton covered with an innovative space-grade composite material, ultra-stable and fast charging batteries with advanced chemistry; all manufactured in our super-efficient Modular Micro Manufacturing factory set up.

Business Model

EVage is a mobility tech company, its current flagship vehicle is a 2,000-pound truck that was designed for India with feedback from Amazon and its partner in the country.

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EVage Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹242.55 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • RedBlue, Maniv Mobility
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
EVage Financial Details
Financial Highlights
FY 2023-24 Revenue₹4.09 Cr
FY 2023-24 Expenses₹42.13 Cr
FY 2023-24 Profit/Loss-₹39.43 Cr
Net Cash Flow From Operations-₹31.33 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
EVage Key People
People Metrics
Current Core Team3
Board Members/Directors4

Core Team

IS
Inderveer Singh Co-Founder & CEO
HK
Harnoor KaurCo-Founder & COO
PS
Pulkit SrivastavaCo-Founder

Board Members/Directors

IS
Inderveer SinghDirector
AA
Anmol Avinash Nayyar Director
PM
Prescott Mathis WatsonNominee Director
PS
Pulkit SrivastavaDirector
EVage Documents

AY - 2020-21

Profit and Loss statement - EVage - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of EVage for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - EVage - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of EVage for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - EVage - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of EVage for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - EVage - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of EVage for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - EVage - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of EVage for FY 2022-23
₹249.00 ₹498.00
Balance sheet - EVage - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of EVage for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - EVage - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of EVage for FY 2023-24
₹249.00 ₹498.00
Balance sheet - EVage - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of EVage for FY 2023-24
₹249.00 ₹498.00

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