Est. May 30 2019

Persist Energy

Deusexvolt Electric Pvt. Ltd.
Persist is making transportation affordable to the micro entrepreneurs of India by making EV technology affordable and suitable for the infrastructure of India through localization, indigenous platform development, fostering supporting ecosystem and flexible battery ownership.

Founding Members

Bharavi Butta
Founder CEO
Amazon Robotics, EZGRADPAD
MS Technological Entrepreneurship
B.Tech Mechanical Engineering
Harshin Lalpet
Founder COO
Mahindra and Mahindra, IZA, Murtle
B.Tech Automobile Engineering
Ashish Joseph
Founder CTO
MERU, Dubai Technologies
B.Tech Computer Science

Team Members

  • 3 Co-founders

Target Market

  • MSMEs
  • Street Vendors
  • Green Campuses
  • On demand Logistics


  • EV
  • Mobility

Problem Statement

Small business owners spend most of their income on fuel and make a great use case to catalyze the adoption of EVs. The problem is that the EVs currently being sold are either built for urban commuters or are way too poor in quality to support the requirements of these customer segments. On the top of that EVs are typically are 30% more expensive than ICE vehicles of same performance.

Value Proposition

A real, practical and tailored option for transportation needs of MSMEs so that they may reduce their logistics expenses and scale faster.

Current Stage

  • Prototype

Type of Business

  • Product-based
  • Service-based

Products / Services

Building EVs designed to meet the requirements of growing MSMEs in India, and providing the ecosystem necessary for MSMEs to adopt EVs with innovative business models.

Key Highlights

  • Autodesk Technological Impact Program - Recipient of in-kind grant of $70,000
  • Northeastern University IDEA Venture Accelerator Gap & Alpha Fund recipient - $15,000
  • Mass Challenge Venture Accelerator 2021 Cohort Top 20 from 3000 Startups - Gold Award Recipient - $25,000
  • Grand Idea Challenge by AIC ISB - Runner up in Mobility segment
  • TSIC - TSpark Grant Recipient

Disclaimer: The information shared in the document is provided by the startup. iTIC shall not be held responsible for the information shared by the startup.