'All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA.'
– Reid Hoffman, LinkedIn co-founder
India offers sizeable market potential as a nation leapfrogging into a tech driven, electrically mobile age. Market forecasts for EV growth hover around the 40+ percent levels, with a similar statistic for installation of charging infrastructure. India's diverse needs offer an equivalent number of business opportunities to its vibrant talent. GoI supports it through attractive incentives and motivational encouragement like 'Make in India for India', Atmanirbhar Bharat, and of course the subject of this feature – Startup India!
In our ongoing feature on Promising Startups, we cover the fresh talent that is taking our country into the information age. Through a series of written interviews, we attempt to highlight their achievements, challenges, pain points, and aspirations.India is the third largest startup country, so we have much to cover and much to look forward to.
Etrio Automobiles Pvt Ltd: A two-pronged approach to e-mobility
Founded by Deepak MV and Sathya Yalamanchili, Etrio Automobiles is an EV company with a vision to offer the widest range of EVs. The aim being to bring an affordable and accessible electric form of mobility to everyone.
Folks Motor Pvt Ltd: Making an electrified middle path
xEV platforms can a play crucial role by providing both hybrid and electric driving through a generic xEV solution. It is all about coexistence of ICE and electric technology, taking a middle path to be known as Electrified Auto Sector.
Grinntech Motors & Services: Managing batteries to promote green mobility
Grinntech is dedicated to scaling up of electric vehicles and renewable energy storage by developing the battery pack's electro-mechanical assembly and battery management system for lithium battery applications.
Log 9 Materials: A clean-er energy generating technology
A car of the future that needs neither fuel nor a re-charge of its battery.
(Interview with Akshay Singhal, Founder & CEO, Log 9 Materials)