At the Connecting Ideas With Money session that took place on the 7th of July, 2023 Founder Sudarshan Reddy pitched Bangalore-based Panthera. Panthera Electric, headquartered in Bengaluru, is on a mission to empower sustainable mobility by revolutionizing transportation through high-performance electric vehicles (EVs). With a focus on two-wheeler electric vehicles, Panthera aims to create a cleaner and greener future by designing and manufacturing cutting-edge EVs that combine superior performance, exceptional design, and advanced technologies.
One of Panthera’s notable innovations is the development of a regenerative wheel, which has the potential to increase efficiency by up to 30%. This groundbreaking technology has a pending patent at both the national and global levels, showcasing Panthera’s commitment to pushing the boundaries of EV performance.
In the EV sector, Panthera recognizes several critical problems that need to be addressed. Range anxiety, caused by the limited true range of current EVs (typically not exceeding 160 to 180 kilometers), is a significant concern. Battery heating issues leading to fire accidents, long charging times, high manufacturing costs driven by raw material expenses, and poor after-market service further compound the challenges faced by the industry.
To overcome these obstacles, Panthera offers a range of innovative solutions. Their patented regenerative wheel significantly boosts the range of their EVs by up to 30%. Additionally, Panthera has developed a battery cooling system using a paraffin liquid solution, addressing the issue of battery heating. The company is also actively working on rapid charging technology to reduce charging times and is focused on in-house manufacturing of key components for greater control over quality and cost. Furthermore, Panthera provides guided troubleshooting for quick diagnosis, ensuring efficient after-market service.
The inspiration behind starting Panthera stems from various factors. Rising fuel prices, the lack of high-quality electric two-wheelers in the market, and the inability to use EVs for long-distance travel were significant motivating factors for the founders. The team’s passion for bringing simple and cost-effective innovative solutions to existing problems further fueled their drive to establish Panthera.
Panthera’s journey began with a feasibility study on the concept of converting mechanical energy into electrical energy. They then worked on a prototype to validate the concept, which led to the filing of a patent application. The company was officially registered in June 2022, marking a crucial milestone in their pursuit of transforming the EV industry.
The core team behind Panthera consists of highly skilled individuals with diverse expertise. Shaurya Kumar Gaurav, the CEO, and Founder, holds a Bachelor’s degree in electrical engineering and has interned at BMW and Logiczap Nextgen Technologies. Kunal M, the Technical Advisor and Co-founder, brings his expertise in EV technology as the founder of Logiczap Nextgen Technologies. Karthika G, the Co-founder and COO, possesses commercialization and fundraising strategy expertise, with a background in commerce and accounting. Sudarshan Reddy, the Co-founder and CFO, is a Chartered Accountant with extensive experience in startups, including the fintech and manufacturing sectors.
To learn more about Panthera and their vision for clean mobility, visit their website at https://www.pantheraev.com. With their focus on high-performance electric two-wheelers and commitment to innovative solutions, Panthera is driving the future of transportation towards a sustainable and greener tomorrow.
