eBikeGo, an electric vehicle-based last-mile coordinations firm, has raised $1.5 million (around Rs 11 crore) in a pre-Series A gathering pledges work out.
Mumbai-based eBikeGo has raised this capital from a grip of new and existing homegrown and foreign peoples.
These incorporate Bollywood artist Sukhbir Singh, Quess Corp Ltd CEO Vijay Sivaram, Asian Institute of Technology’s Brahmanand Mohanty, and Mungo Befestigungstechnik AG administrator Alparslan Kutukcuoglu.
Different members in this round incorporate Avdel India overseeing chief Sameer Bulchandani, Chirpal Poly Films CEO Sumant Singhal, eBikeGo said in an articulation.
Preceding this, the startup says it raised $700,000 a year ago from a grasp of holy messenger benefactors and firms, including GSF Accelerator’s Rajesh Sawhney, Sarcha Advisors’ Rohit Chanana, Startup Buddy, and Girish Chitale.
eBikeGo, worked by Think Ebikego Pvt Ltd, started activities in 2019 and was set up by prime supporters including Irfan Khan. The organization says its foundation does last-mile conveyance for areas including internet business, food conveyance, goods, and metropolitan portability.
“As of now our e-bicycles are doing around 275,000 conveyances and saving near 30 tons of carbon dioxide consistently. We mean to have a critical effect on the climate and drive huge incentive to any business that is hoping to scale up conveyance activities,” Khan said.
eBikeGo additionally collaborates with franchisee proprietors, non-banking monetary organizations (NBFCs) and unique gear producers (OEMs) through resource renting models.
Arrangements in EV space
The center and satellite portions of the electric vehicles area have gotten solid financial backer interest in the recent years.
On Wednesday, Ohm Mobility declared that it had procured CloudNBFC, a Nagpur-based firm that creates the board programming for lenders. Ohm Mobility says its foundation means to modernize measures through which vehicles and EVs are overseen and financed.
In December, flying portability firm The ePlane Company brought an undisclosed summarize in a seed round drove by Speciale Invest, a profound innovation funding firm.
In November, electric bike producer Ather Energy said it had raised $35 million (around Rs 260 crore) in a Series D round drove by Sachin Bansal. The Flipkart fellow benefactor has so far submitted $53 million to the organization.