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EVage

Transportation · Ajitgarh, India · Founded 2014

All-electric commercial vehicle startup MoreLess

EVage is a pioneering company in India’s logistics sector, focusing on the design and manufacture of electric commercial vehicles. The company serves logistics and transportation businesses that are looking to transition to sustainable energy solutions. Operating within the electric vehicle (EV) market, EVage aims to combat climate change by providing emissions-free mobility solutions. The business model revolves around the production and sale of electric commercial vehicles, as well as forming partnerships with suppliers and other stakeholders in the renewable energy ecosystem. Revenue is generated through vehicle sales and strategic partnerships. EVage’s mission is to reimagine mobility to transform lives and businesses, promoting a shift to renewable energy.

Keywords: electric vehicles, logistics, commercial vehicles, emissions-free, sustainable energy, renewable energy, mobility solutions, climate change, India, transportation.

Company overview

EVage company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2014
Headquarters
Ajitgarh, India
Employees
63
Open positions
None listed
Dealroom signal
58.9
client focusb2btechnologyHardwaresub industryEnergy Storagesub industryVehicle Productionbusiness modelManufacturingsectorLithium-Ion BatteriessectorBatterysectorSustainable Development GoalssectorEV BatterysectorClimate TechsectorElectric MobilitysectorEV ManufacturingsectorHard TechindustryEnergy

Valuation & funding

EVage funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Jan 2022 $28M $112M RedBlue Capital
ANGELEquity / VC Aug 2020 $0 Anand Shah · Anmol Nayyar · Varun Pahwa
Showing 2 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 62
2025 76
2024 120
2023 104
2022 74
2021 24
2020 13
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

EVage website traffic

Latest recorded traffic for EVage is 250 monthly website visits, down 75% over the last three months. EVage's team declined 17.1% over the past year.

Latest monthly visits250 3-month web change-75% 1-year team growth-17.1%
Monthly website visits42 observations · Oct 2020–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

EVage compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Tevva MotorsTevva Motors produces Electric Range Extended Vehicles (EREVs) for use in the urban delivery market Tilbury, United Kingdom Closed 29 $170M
Adden EnergyA developer of stable, lithium-metal, solid-state batteries Waltham, United States Operational
IonbloxDeveloping high performance lithium ion batteries for the next generation of electric vehicles Vallejo, United States Operational
Automotive Cells CompanyAutomotive Cells Company (ACC) is set to become the european leader of automotive batteries enabling clean and efficient mobility for all Bruges, France Operational
SvoltHigh-tech new energy company that specializes in energy technology, including electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, energy storage system (ESS) and solar energy R&D and manufacturing Changzhou, China Operational
ADDVOLTProducing plug-in electric system targeted for transportation markets, which avoids fuel usage and reduces noise and CO2 emissions of refrigeration units during goods transportation Matosinhos, Portugal Acquired
LeydenJar TechnologiesUltra-thin pure-silicon anodes enabling batteries with much greater energy density, faster charging, and lower CO₂ output Leiden, Netherlands Operational
Our Next EnergyPaving the way for an electric future, innovating energy storage solutions that will rapidly expand the world’s ability to access sustainable power Novi, United States Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

EVage's talent

Book a demo to see the people
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on EVage's cap table

Sourced from Dealroom's funding and investor records.

Seed 4 investors entered at this stage
Anand Shah
Anmol Nayyar
Varun Pahwa
RedBlue Capital
Other known 1 additional known investor
Prescott Watson

Global footprint

Where EVage has talent and traffic

Workforce by country
2 countries with
team presence
🇮🇳 India97.5%
🇺🇸 United States2.5%
2 countries shown

In the news

Latest news about EVage

Recent press, funding announcements, and product moves mentioning EVage — open to read from the original sources.

See all news

Market sentiment

What the market is saying about EVage

An AI-synthesized read of the highest-engagement posts about EVage on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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