Indeanta Ventures partners with Log9 Materials for battery solution
Indeanta Ventures to deploy 15,000 electric two- and three-wheelers using Log9 Materials InstaCharge tech.
Bangalore-headquartered battery- and deep-technology startup Log9 Materials has entered into a long-term partnership with electric-mobility-as-a-service solutions provider Indeanta Ventures. As per the partnership Log9 will provide its rapid-charging battery solution (RapidX batteries) to Indeanta Ventures’ electric two- and three-wheeler platforms.
The partners will work closely for the next 3 years to jointly deploy over 15,000 RapidEVs (including 2-wheelers and 3-wheeler EVs) powered by Log9’s InstaCharge battery-technology across various parts of India, including but not limited to cities like Bangalore, Hyderabad, New Delhi, Pune, Chennai, and Kolkata. Out of these RapidEVs, a large majority will include cargo EV fleets used for logistics and last-mile delivery operations.
In particular, the 3-Wheeler RapidEVs powered by Log9’s future-facing InstaCharge battery technology shall be deployed by Indeanta shortly for its existing contracts with Porter, Flipkart, Amazon, among other similar companies that are aggregating or operating large-sized delivery fleets.
Kartik Hajela, co-founder and COO, Log9 Materials said, “The strategic partnership would also help to strengthen both companies’ market positing and expansion for the short-term and enable them to scale across India and the world over the long-term.”
Aaron Dsouza, founder and CEO, Indeanta Ventures said, “Through this partnership, Log9 will now be providing its climate-friendly and safe fast-charging batteries for our fleet of delivery 3-wheeler and 2-wheeler EVs.”
Indeanta is a multimodal electric-mobility-as-a-service provider that provides end-to-end electric mobility services to its clients on multiple platforms with a versatile and easy-to-use mobile application. It focusses primarily on in-campus electric mobility services, battery swapping, charging infrastructure and fleet services. At present, it has over 200 EVs playing both on its In-campus model as well as the logistics-delivery model, and they are currently servicing clients such as IIT-Mumbai, Manipal Institute of Technology, Manipal, St. Aloysius College (Autonomous) Mangalore, and Yenepoya (deemed-to-be) University Mangalore, amongst others.
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