Our Model

The First Venture SPV Structure
Our innovative SPV-based model combines commercial and impact capital with specialized deployment mechanisms to create a transparent, accountable funding structure for the EV ecosystem.
Primary SPV
The Primary SPV serves as the central holding entity with equal shareholding from our Private Limited Company and Section 8 Company. It enters into an escrow agreement with a bank as trustee to ensure transparent fund management.
Key Functions:
– Pooling commercial and CSR funds
– Providing physical, IT, legal, and compliance infrastructure
– Allocating resources to Secondary SPVs
– Managing core platform services
– Conducting regular audits and governance

Secondary SPVs
Our Secondary SPVs focus on specific segments of the EV ecosystem, allowing for specialized governance, targeted investor participation, and segment-specific operational models.
EV Manufacturing & Components SPV
- Focus: Supporting startups in vehicle manufacturing, components, and assembly.
- Investment Instruments: Equity and debt for capital-intensive operations
- CSR Component: Skill development for EV manufacturing workforce
Charging Infrastructure SPV
- Focus: Developing charging networks, battery swapping, and grid solutions
- Investment Instruments: Project finance and revenue-sharing models
- CSR Component: Rural electrification initiatives aligned with charging deployment
Fleet Operations & Mobility Services SPV
- Focus: EV fleet management, rental platforms, and mobility solutions
- Investment Instruments: Asset finance and operational leases
- CSR Component: Driver training and livelihood generation in underserved areas
Battery Technology & Recycling SPV
- Focus: Battery innovation, recycling solutions, and second-life applications
- Investment Instruments: R&D grants and equity investments
- CSR Component: Environmental impact studies and community awareness programs
EV Financing & Insurance SPV
- Focus: Specialized financial products for EV ecosystem participants
- Investment Instruments: Credit lines and working capital solutions
- CSR Component: Financial literacy programs for EV ecosystem participants
Escrow Model
Our escrow-based disbursement model ensures transparency and proper end-use verification of funds, with a trustee bank overseeing all transactions.
- All payments to vendors made through escrow
- Milestone-based disbursements
- Third-party arbitration for dispute resolution
- Vendor pre-qualification process
- Working capital access through discounting





