EV Cargo Trike Platform Raising Seed+/Pre-Series A Funding in India

An Indian mobility venture building high-speed electric cargo trikes for high-capacity urban logistics and “aspirational livelihood mobility,” differentiated by a patented antitopple stabilization technology designed to combine 3-wheeler utility with 2-wheeler parking footprint and handling.

Product & USP 
• High speed cargo trike (70 kmph stated) with anti-topple resistance and skid-free handling; positioned as fatigue-free and reliable for delivery use-cases.
• Claims it is the only trike tech that qualifies legally under two-wheeler regulations (deck claim; diligence required).
• Indicative specs shown: ~150+ km range, portable charging ~2 hours (claim on comparison slide).
• Two product lines shown: a “pickup” trike and a heavier “mini-tank / cybertrike” concept with higher pricing band.

Traction & Validation

• 12 patents claimed across technology/utility/design; 7 awards/recognitions in sustainable mobility.
• 1000+ B2C pre-bookings and ~2000 B2B order pipeline (claimed).
• 100,000+ km endurance tested (claimed).
• Pilot trials indicate +13 additional orders/day and ~₹7,500/month additional income potential for operators (claim).
• Timeline slide states early revenues started Oct 2024; and ICAT & RTO approvals secured (claim).
• Funding history shown: ₹3 Cr (FnF + incubation, 2022) and ₹6.2 Cr angel round (2023/24); now planning a post-seed raise of ~₹15 Cr.

Go-Forward Plan
• Planned production ramp: ~100 vehicles/month from Mar 2026.
• A stated “journey ahead” scenario: 1000 vehicle sales, ~₹12 Cr projected sales revenue, plus a small subscription ARR line item (deck claim).

Products & Services

High-speed electric cargo trikes