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Home Funding News iGoWise Mobility raises Rs 8.2 Cr in pre-seed round

iGoWise Mobility raises Rs 8.2 Cr in pre-seed round

The company said the funding will speed up automation, lower production costs, improve customer experience and support, boost R&D, and strengthen capital to complete existing orders.

By Jitendra swami
New Update
iGoWise Mobility raises Rs 8.2 Cr in pre-seed round

iGoWise Mobility (iGo), an electric vehicle startup has raised Rs 8.2 crore in a pre-seed funding round from several ISB Angels, 888VC, and Guptaji VC.

The company said the funding will speed up automation, lower production costs, improve customer experience and support, boost R&D, and strengthen capital to complete existing orders.

Read also- Vaani AI Research raises $400K in pre-seed round

“By focusing on frugal innovation, agile engineering and a robust indigenous supply chain, we've proven that India can build world-class EV solutions that create real economic value and social impact,” said Sravan K Appana, Founder and CEO of iGo.

About iGoWise Mobility

Founded in 2020 by Sravan K Appana, the Bengaluru-based startup iGowise Mobility develops rugged, smart EVs for urban and rural India. Its first product, BeiGo, is an electric pickup trike with patented anti-topple leaning technology for safer handling. 

With 1 lakh km of real-world data, the company plans to deploy 1,500 trikes in Bengaluru, Hyderabad, Pune, and Panjim through partners like Hala Mobility and Elektric Express over the next 12–18 months.

The funding arrives amid India’s fast-growing electric mobility sector, supporting startups like iGowise in innovating last-mile transport solutions and advancing sustainable urban mobility.

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