iGowise commits ₹100 crore for R&D over three years, driving EV tech advancements in safety, comfort, and accessibility.
Bengaluru-based light electric vehicle (LightEV) maker iGowise Mobility (iGo) has announced a ₹100 crore investment in research and development (R&D) over the next three years. The initiative aligns with the National Deep Technology Startup Policy (NDTSP), aimed at fostering innovation and creating jobs in India.
iGo’s ambitious roadmap includes developing the world’s first twin-wheeled motorcycle with Level 5 active-balancing and AI-powered autonomous guidance systems for urban mobility. The company also plans to introduce groundbreaking technologies like anti-topple tilting and road-legal high-speed trikes.
Founder Sravan Kumar highlighted iGo’s dedication to proprietary technology and opening its intellectual property to promote collaboration. Since bootstrapping with ₹3 crore, iGo has raised ₹5 crore from angel investors, filing 12 patents to date.
With this R&D boost, iGo aims to accelerate EV safety and accessibility advancements, cementing India’s role as a global mobility innovator.
