Shell backed smart EV startup, TresMoto has raised an undisclosed amount in seed funding from Angel Investor and professional CEO Mr. Raaj Kumar, who has led companies like Asian Paints, GMR Energy, JSW Energy among others.
“We have been working on our product offering and the software around it for about 4 years now. This round of funding will be utilized for final stages of product development and homologation of our flagship electric scooter,”said Shubham, the Founder of TresMoto.
The company is working on a range of smart, electric two wheelers based on their in house developed platform ‘OXEN’. Their flagship offering will be a sleek urban scooter with a top speed of 75 Km/h and an array of compact, ergonomic batteries that can be removed from the vehicle and charged at home for a range of upto 90 Kms.
The company has previously been incubated and funded by Shell. The Shell E4 programme has brought refinement to the company’s development process and their product offerings.
The founder also mentioned that TresMoto is working on a simpler product optimized exclusively for fleet usage. The company will pilot with a small batch of these scooters with delivery and rental companies before offering their flagship product to the consumer market.
-AK
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