EV Retrofit Startup GoGoA1 To Raise USD 1 Million

GoGoA1, an electric vehicle (EV) retrofit startup, is organising Pre-Series A funding round to raise $1 million to accelerate its expansion and growth in the electric mobility market. GoGoA1 being a bootstrapped start-up till date, now aims to meet the rising demand for EV retrofitting services and further solidify its position.

The company also announced its new EV Retrofit kit for 50 two-wheeler models which include 45+ models from brands like Hero Honda, Hero and Honda and 5 variants of Honda Activa.

GoGoA1 has RTO and ARAI approvals for retrofit kits for over 40+ models of Hero Honda, Hero Motors and Honda which is a first for any retrofit company. The company also has over 50 patented designs of kits and their components which gives a broad overview of the growth and vision for the coming future.

GoGoA1 seeks to raise funds and investments to secure additional funding from investors and venture capitalists who share GoGoA1's vision of a cleaner, more environmentally friendly world. 

The funds raised will be used to support the company's expansion plans, including Establishing New Retrofitting Centers in which GoGoA1 plans to set up new retrofitting centres in key locations. The funds will also help in Enhancing Research and Development. 

Shrikant Shinde, CEO and Founder of GoGoA1, said  "With the support of our investors, we can make electric vehicle retrofitting accessible to a broader audience, further accelerating the global shift to clean energy transportation. We will be able to reach out to the Bharat market which will enable us to provide EV retrofit solutions to interiors of the country."