Since 2018, Euler Motors' designed-for-India technology has been tried and tested on the road. Now, the company is ramping up its capacity
Saurav Kumar, Founder and CEO, Euler Motors
Image: Madhu Kapparath
As far as he can remember, Saurav Kumar has always been fond of mathematics and building robots. Much of that is, of course, thanks to his father, who had a love for mathematics and physics, and ensured that his son also picked up a passion for the sciences, home tutoring him before shifting the entire family from Bihar to New Delhi in search of a better future.
The young Kumar spent a lot of his time building robots at school at DPS RK Puram, taking the passion all the way to college at the illustrious Delhi School of Engineering and even later at Cornell University, where he built everything from aerial vehicles to underwater ones. “I have always been fascinated with the combination of hardware and software, and that has fundamentally stayed with me,” Kumar tells Forbes India.
That’s precisely why when he decided to move on after selling his first startup Cube26 to Paytm in 2017, Kumar was quite clear about what he wanted to build next. “I realised that whatever you want to build would take a decade to make a dent into the large problem that you’re trying to solve,” Kumar says. “Then from a wealth and money point of view, I realised that you could work for the Yahoos of the world and always make money. But there are only a few things that you could do in life where you can also give back to society.”
In 2018, Kumar set up Euler Motors, named after Swiss mathematician Leonhard Euler, to build electric three-wheelers to tackle the grappling problem of pollution in Indian cities. “If you look at the top 20 cities facing severe pollution, India would have about 18-19 of them,” Kumar says. “Globally about 40 percent of the contributors to air pollution was vehicles.”
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(This story appears in the 15 December, 2022 issue of Forbes India. To visit our Archives, click here.)