Alstom India awards Rs 1.5 crore grant to 10 EV start-ups

As part of its Sustainability Incubation Program, Alstom India, a provider of sustainable mobility services, has awarded a grant of Rs 1.5 crores to 10 startups that have developed solutions in the fields of clean energy, shared mobility, and multimodal solutions.

Accelerated by NSRCEL-IIMB (NS Raghavan Centre for Entrepreneurial Learning), the selected startups will be able to use the grant funds to develop and deploy their solutions.

An expert jury including innovation leaders from Alstom screened over 200 applications and selected 20 startups for the incubation program. Of these, 10 startups have been selected for the grant support which are:

• MetroRide
• Evoride Motors
• Volar Alta C/o Drone Tech Solutions
• Epick Bikes
• ChargeEZ
• The Energy Company
• Green Tiger Mobility
• TrackNerd GPS
• Tadpole Projects
• Swytchd

Speaking about the incubation program, Olivier Loison, Managing Director, Alstom India commented, “While we are bringing our vision of sustainable mobility to life through our business, we have also committed to make active social investments to nurture startups who share our vision.”