Evomo Research and Advancement Pvt. Ltd.

company

About

Evomo aims to address the problem with SAAVAJ, The Rural Utility Vehicle, which can be manufactured in small scale Micro Factories.

  • 1 - 10

Details

Last Funding Type
Series Unknown
Industries
Automotive,Brewing,Manufacturing,Small and Medium Businesses
Founded date
Jan 1, 2010
Number Of Employee
1 - 10
Operating Status
Active

Poor transport is often the main restraint on economic progress and poverty reduction in rural areas . Improving access to markets encourages rural farmers to modernize with fertilizers, mechanized equipment, and new seed varieties, which, in turn, raises yields, lowers unit costs, and increases demand for inputs and credit. Rural transport also provides access to labor markets and thus the opportunity to earn non-farm income.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Evomo Research and Advancement Pvt. Ltd. has raised a total of — in funding over 2 rounds. Their latest funding was raised on Oct 7, 2013 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 7, 2013 Series Unknown 1 CIIE | Centre for Innovation Incubation and Entrepreneurship Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Evomo Research and Advancement Pvt. Ltd. is funded by 1 investors. CIIE | Centre for Innovation Incubation and Entrepreneurship are the most recent investors.
Investor Name Lead Investor Funding Round
CIIE | Centre for Innovation Incubation and Entrepreneurship Yes Series Unknown