Tech Company Financing Transactions
Evage Funding Round
Evage, based in Chandigarh, scored $28 million from RedBlue Capital and private investors.
Transaction Overview
Company Name
Announced On
2/5/2022
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Seed
Investors
RedBlue Capital (Lead Investor) (Olaf Sakkers)
Proceeds Purpose
EVage will use the funds to complete its production-ready factory outside of Delhi in the first quarter of 2022 and scale up production to meet growing demand.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
23 Sector 48 Kendriya Vihar
Chandigarh, 160047
India
Chandigarh, 160047
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
EVage has fused automobile designing with the ingenuity of aerospace engineering to reimagine and transform the mobility industry.
Management Team
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