EVATE

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Building an AI led financing platform to finance green commercial vehicles for DCOs and small fleets.

Our Mission

At Evate, our mission is to drive financial inclusion and accelerate the adoption of green mobility by offering innovative and tailored vehicle financing solutions through our AI powered financing platform. We empower  vehicle ownership to underserved drivers and small fleet operators with access to affordable loans and leases for electric, hybrid, CNG, and retrofitted vehicles—building a sustainable future, one journey at a time. 

Our Vision

To build the most trusted and inclusive green mobility financing platform globally—enabling millions of drivers and small fleet operators to transition to cleaner transport through accessible credit, data-driven underwriting, and embedded financial services. We envision a world where sustainable transportation is not a privilege, but a right—powered by technology, shaped by empathy, and scaled through partnerships.

The Values We Stand For

Financial Inclusion

Empathy-Driven Design

Integrity & Transparancy

Sustainability

Purposeful Innovation

Partnership led growth

Meet Our Team

After completing his studies at IIT Madras, Vijay obtained his certification as an energy auditor from BEE and received training in international business management from GiZ (Govt. of Germany). Driven by his passion for entrepreneurship and sustainability, he founded his first company Enfrien, within two years of graduating. His experience is varied and encompasses areas such as Data Science, Mobility, Renewable Energy, and Construction. As a serial entrepreneur bootstrapping companies, he possesses exceptional skills in building sustainable companies from the ground up.

Amit Shahani

Co-Founder

Following his studies at IIT Madras, Amit joined Schlumberger, where he rapidly rose through the ranks to become the head of operations for the sub-Saharan (Africa) regions, thanks to his exceptional leadership skills. Seeking to transition to a more environmentally sustainable field than oil field operations, he returned to India and began leading operations at Hitachi Payments. His experience spans across multiple areas, including Operations, Collections, Engineering, and IOT. Having successfully managed large teams, he possesses a unique ability to scale companies.

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