Shreyas Shibulal is driving EV adoption in India by investing in various segments of the ecosystem with his clean mobility venture – Micelio.
The electric vehicles (EV) industry in India is on top gear with new product launches, newer startups, and established automotive companies getting into this segment.
Given this environment, Shreyas Shibulal, founder of Micelio Mobility, a clean mobility startup, wants to accelerate EV adoption in the country through a multi-pronged approach, which includes investing in these startups, setting up R&D, and provide EVs directly to early adopters.
Son of Infosys co-founder SD Shibulal, Shreyas forayed into this segment way back in 2018, and today he has three main business verticals — Micelio Fund that invests into startups; Micelio Discovery Studio, which is like an incubation for the players in the ecosystem; and Lighting Logistics that provides last-mile delivery solutions with a 100 per cent EV fleet.
In a conversation with YourStory, Shreyas says, “The idea was to go after different parts of the ecosystem as well as foster collaboration among our different entities.”