Startups launched by Formula Student Alumni from Indian teams – Part 1 – Mobility
4 min readBuilding a Formula-style race car requires a team effort, and participating in Formula Student can help students develop important skills such as problem-solving, teamwork, communication, collaboration and financial management. Accompanied with resilience and grit, it is no wonder that many Formula Student graduates move on to launch their own startup.
In this blog series, we will be focusing on Indian Startups launched by Formula Student alumni from Indian student teams. In Part 1 of this series, we will focus on startups that have been established in the mobility sector – those involved in mobility solutions and those primarily involved in servicing the mobility sector. We will also be featuring Founders or Co-Founders within these companies who have a Formula Student background from within the Indian landscape.
Updated on October 1, 2023.
Arbor Mobility
Founded in 2022, Arbor Mobility is working towards pioneering the shift towards a “Lithium-free” mobility in the EV sector in India.
— Co-Founders / Founders
with Indian FS Background —
Bantwal Prashant Baliga
Phoenix Racing, SVNIT Surat
Aditya Vikram Singh
Team MNNIT Supra SAE, MNNIT
Ather Energy
Founded in 2013, Ather Energy is an Indian electric mobility firm that designs, manufactures, and sells high-performance smart electric scooters. Ather is also setting up Ather Grid, a network of fast charging points and seeks to redefine the consumer experience in the automobile industry.
— Co-Founders / Founders
with Indian FS Background —
Swapnil Jain
Raftar Formula Racing, IIT Madras
Attron Automotive
Founded in 2021, Attron Automotive is working towards revolutionizing the EV industry with its cutting-edge motors and controllers.
— Co-Founders / Founders
with Indian FS Background —
Mosam Ugemuge
Pravega Racing, VIT Vellore
Chander Udhay Singh
Pravega Racing, VIT Vellore
Shubham Pode
Acceleracers, MIT-WPU
Mohit Borkar
Acceleracers, MIT-WPU
Abhinava Rizel
Founded in 2017, Abhinava Rizel is working towards developing bleeding edge electric motor and EV Powertrain technologies right here from India – for the world.
— Co-Founders / Founders
with Indian FS Background —
BVN Madhu
Camber Racing, SRMIST
Karthik Donthula
4ZE Racing, SRMIST
Shivam Bhatia
Camber Racing, SRMIST
Baaz Bikes
(ElecTorq Technologies)
Founded in 2019, Baaz is a Mobility Platform which helps Gig Workers to efficiently make deliveries with least cost by its in-house designed Cost Efficient Bikes (Baaz Bikes) provided by the Local Bike Rental Partners, with practically an infinite range supported by its Dense Automated Battery Swapping Infrastructure (Baaz Swap).
— Co-Founders / Founders
with Indian FS Background —
Shubham Srivastava
Axlr8r Formula Racing, IIT Delhi
Anubhav Sharma
Axlr8r Formula Racing, IIT Delhi
Karan Singla
Axlr8r Formula Racing, IIT Delhi
Coratia Technologies
Founded in 2021, Coratia Technologies which is based at NIT Rourkela, specializes in underwater robotics. They offer solutions in the field of Remotely Operated Vehicles (ROVs) and Autonomous Underwater Vehicles (AUVs).
— Co-Founders / Founders
with Indian FS Background —
Debendra Pradhan
Team RoadRunner, NIT Rourkela
Elettri Co
Founded in 2018, Elettri Co designs, builds and integrates electric powertrains in go-karts, formula racing and track-day cars, and off-road vehicles like cross karts, beach buggies, etc.
— Co-Founders / Founders
with Indian FS Background —
Sarthak Piplani
Team Defianz Racing, DTU
Exponent Energy
Founded in 2020, Exponent Energy builds their own battery pack (e^pack) & charging station (e^pump) which together unlock a 15-minute full charge using regular Li-ion cells on EVs with any number of wheels.
— Co-Founders / Founders
with Indian FS Background —
Arun Vinayak
Raftar Formula Racing, IIT Madras

Khaniya Mobility
Founded in 2021, Khaniya Mobility is an automotive manufacturing startup that designs and develops electric vehicles for the commercial segment.
— Co-Founders / Founders
with Indian FS Background —
Darshan Khaniya
Team Schnell Racing, LTCE
SkillShark Edutech
SkillShark is an EduTech start-up focused on imparting 21st-century skills to youth, primarily focusing on EV and engineering education.
— Co-Founders / Founders
with Indian FS Background —
Akbar Baig
Camber Racing, SRMIST
The Energy Company
Founded in 2021, The Energy Company is a deep-tech startup aiming to help mobility users adopt EVs by providing faster, cheaper and reliable batteries.
— Co-Founders / Founders
with Indian FS Background —
Pratik Somani
Formula Bharat Leadership Alumnus
Yotuh Energy
Founded in 2022, Yotuh Energy is a clean tech company electrifying the refrigeration system for cold chain logistics vehicles.
— Co-Founders / Founders
with Indian FS Background —
Shaivee Malik
Axlr8r Formula Racing, IIT Delhi
Dharmik Bapodara
Axlr8r Formula Racing, IIT Delhi
Vivek Mahindrakar
Axlr8r Formula Racing, IIT Delhi
4DeAutomotive
Established in 2021, 4DeAutomotive is a company with a goal to make E-vehicles accessible and inexpensive to everyone across the length and breadth of the country.
— Co-Founders / Founders
with Indian FS Background —
Shobhit Agarwal
Team Automantra, Galgotias University
Prithvi Raj Chaudhary
Team Automantra, Galgotias University
Note:
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