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PUNE | EV | B2B | FUND ASK $1.4 7 MN

OctaRange is a Deep-Tech company revolutionizing Electric Vehicle mobility with their innovative technology back by 4 utility patterns and their cutting-edge solution for fast charging, compact and fireproof lithium-ion battery packs.

OctaRange provides battery packs for two-wheelers, three-wheelers, and small commercial vehicles.

Founders’ background:
OctaRange features entrepreneurs’ alumina of COEP Technological University and VIT University with expertise in electric vehicle component design, lithium-ion batteries, Production Planning and Control, as well as Thermal System Design.

Market Size and Traction:
More than 10 Electric Vehicle OEMs are currently engaged in battery development and deployment with OctaRange. The company has secured Letters of Intent worth 8 crores, indicating substantial interest and commitment from potential clients. Additionally, traction details for 200 battery packs have been recorded, reflecting significant progress and market acceptance of the company's offerings.
With a Targetable Addressable Market of USD 1.576 Billion, OctaRange’s mission is to be leading battery pack suppliers for two-wheelers, three-wheelers, and small commercial vehicles by providing fast, safe, and compact battery packs.

With a fund ask of USD 1.479 million, OctaRange plans to improve upon the product design and product development to be the pioneers in fast and fireproof EV battery packs.

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