Altigreen Propulsion Labs

India - Bangalore, Karnataka

• 11/02/2022
• Series A
• $40,000,000

Altigreen is a leader in Electric Vehicle (EV) technology and solutions for Last Mile Transportation (LMT) through 2, 3 and 4 wheeled vehicles for commercial use.

Altigreen’s technology is specifically designed for Indian environmental and commercial conditions. Our technology results in EVs that compete in price and performance with Internal Combustion Engine (ICE) vehicles. In its drive towards Carbon Free Transportation, Altigreen’s first focus is on 3W auto-rickshaws for cargo and passengers, a US$ 6 billion market opportunity. The company offers both EV drivetrains and full vehicle assembly to OEMs.

Based in Bangalore (India), the Company’s patent portfolio spans over 60 countries with 24 patents granted, including 6 in the US. Global awards received by Altigreen include those from WorldWide Fund for Nature, Niti Aayog, ARAI, Economic Times, Elecrama, IoTNext, IDTechEx and more.

Related People

Shalendra GuptaCo Founder

India - Bengaluru, Karnataka,

Skills:
Leadership in corporate turnarounds.
Setting up new product lines - revenue / profit streams.
Initiating and successfully concluding partnerships, both international and domestic.
Designing and institutionalizing processes for radical improvements.

LinkedIn https://www.linkedin.com/in/shalendragupta/?originalSubdomain=in