Information Technology & Services - Ahmedabad, Gujarat, India
Incorporated in April 2020, the company has been strengthening last-mile mobility in India, under the robust leadership of Yogesh Jangid, an MBA from IMT JAIPUR, A prolific entrepreneur. The founding team and the 50-plus employees at ORE carry a collective experience of over 50 years having previously worked in top Indian as well as global MNCs and start-ups. "If there is one word which perfectly describes modern-age cities, it is busy," Yogesh Jangid – CEO, ORE (earlier ORE E BIKE) said. "People are busy with their lives, working professionals are busy commuting, the roads are busy with traffic, and the air with pollution. Through ORE, we aim to relieve the stress on professionals, their budget, roads, and the air – all at once, thereby unlocking freedom for millions! Our mission is to offer the new-age working professionals with affordable, convenient, and eco-friendly connected and shared two-wheeler mobility solutions solving urban commute. This is a first-of-its-kind fully electric venture in India."Kamleshkumar Makwana - Co-founder of ORE added, "We are extremely grateful for the support we have received from various investors, especially Indian Angel Network Fund. The funding has come as a pat on the back for us and the fact that they believe in our vision further motivates us to raise the bar even higher. The best part of IAN fund is the mentorship we get as a start-up to grow with all their experience and connections from their network. We will leverage the capital to scale by strengthening the fleet with 5000 e-scooters within the next 2 Years. We are also looking to expand our geographical footprint across NCR along with 5 other Indian cities, and then to South East Asia and Europe in the coming years. The plan is to have 20,000 scooters on the road by end of 2020."The Indian electric mobility landscape is primed for disruption with both public and private players working in synergy to establish the required infrastructures.