22Motors
FUNDING

22Motors Raise $1.6 mn in First Round of Funding

22Motors is an entrepreneurial step taken by two engineers, Parveen Kharb and Vijay Chandrawat, who founded it last year. They are aiming at boosting up the EV technology in India and making it reachable to Indians easily. Right from the beginning the startup mainly focused on the production of an innovative and smart scooter that may happen the next year.

The 22motors has now made its first step towards its vision by raising 1.6 million dollars  in its Series A round of funding. The only two investors right now are Ishwari Singh and Farhaan Shabbir.

Ishwari Singh is the Founder and CEO of Mobile Programming LLC, while Mr Farhaan Shabbir has been the former director of Harley-Davidson.

First Scooter of 22motors is expected to be launched at the Auto Expo next year in February. Performance and safety will be the important measures in its elegant designing. The fascinating features that make this electric scooter different, are the latest technologies installed in it such as Artificial Intelligence, IoT (Internet of things) and the cloud services. Other additional features include Lithium-Ion storage, integrated apps, various sensors, various devices like the gyroscope and many more.

The cloud connectivity and smart app integrating facility will help to keep a track of the vehicle remotely all the time regardless of the distance. In addition to this advanced feature, artificial intelligence works of adding the feathers to its cap by continuously analyzing and calculating its complex patterns of driving. The every part of the vehicle is completely controllable to its driver with the help of just one touch. The incorporated lithium battery is long-lasting and completely removable and can be charged anywhere.

The user will be connected to the vehicle with the help of an application. The various sensors attached to the vehicle will provide the data that will, in turn be stored on the cloud where the artificial intelligence algorithms will calculate it for analyzing the pattern of driving. This will enable the driver to determine the optimal route to the destination.

The scooters will be launched in two variants, one is the higher price variant and another will be targeting the students with its lower prices.

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22Motors Raise $1.6 mn in First Round of Funding
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