15/09/2023
Congratulations to Swap Automotive Private Limited for securing Seed Support from i-Hub under the Startup India Seed Fund Scheme (SISFS).
Swap Automotive Private Limited is an automotive startup based in Surat, Gujarat. They specialize in converting existing petrol two-wheelers into pure electric vehicles (EVs). By addressing issues such as the government's scrap policy, pollution, low mileage, and high fuel prices, Swap Automotive aims to provide sustainable and cost-effective transportation solutions. They plan to initially target Ahmedabad, Gujarat, and expand through franchise offerings across Gujarat before covering all Tier 1 and Tier 2 cities in India. Their unique selling points include cost leadership, a flexible product range, and advanced technologies for efficient conversion.
The support provided under SISFS by i-Hub is a giant leap forward on their journey towards innovation, growth, and wealth creation.