It was not a cakewalk, coming from a humble background Saurav had to earn everything including his scholarship to pursue his studies. ~

In an era when people are losing jobs, it gives me immense happiness that my son is employing people and giving back to society. Om Prakash Yadav

“You see things; and you say, ‘Why?' But I dream things that never were; and I say, ‘Why not?',” over 100 years ago George Bernard Shaw said this in the West, but it seemed to have gone too deep in the hearts and minds of a school teacher in one of the poorest districts of India, Purnia, Bihar Om Prakash Yadav quit his school job to give full attention to his kids’ education and realise a dream that he probably would have never imagined. This father’s stern determination led to his son -Saurav Kumar at 30 achieve what many could not in entire life.Though it was not a cakewalk, coming from a humble background Saurav had to earn everything including his scholarship to pursue his studies albeit by his exceptional merit in the best institutions including Delhi College of Engineering and Cornell University. He managed to receive a scholarship from Sulabh International for studies in France and the US.Eventually, in 2011, Saurav landed a dream job (for many) as a Software Developer at Oracle in New York, when very few from his home town wouldn't even imagine the distance to one of the costliest cities of the world or what does this job mean, but it was certainly no less than a festival for the friends and family.Saurav who always had a knack for disruptive thinking and challenging the status quo, found it tough to survive beyond a year at Oracle and joined Yahoo to explore a change. He was working with Tech Yahoo with a fat package of $150,000 (Rs 1,06,30,575) per annum, but, alas! Not even this magnificent salary could cage the free-bird beyond 16 months.In 2012, Saurav was ready with his new idea and launched his tech startup cube26 which was last year bought by Paytm. Interestingly, for Saurav finding investors has not been very tough as he convinced Flipkart and Tiger Global to fund this venture. Cube26 works on enhancing user experiences across multiple devices and platforms, with customised applications for Android OS, and has also developed varied applications for OEMs.After exiting Cube26 he was exploring a new area, that’s when he saw an opportunity in electric vehicle space and eventually paved the way for Euler Motors , a company formed in 2018 to make a multi-pronged approach to e-mobility. Being exposed to severe air pollution while living in Delhi also invoked him to come up with the e-mobility startup.Before Euler Motors and Cube26, Saurav's aspiration to become an entrepreneur took flight with his first venture during college days, when he tried to set up Innovative Safety Solutions, a startup to make Unmanned Aerial Vehicle (UAV). However, the journey didn't last long because of the lack of experience and funds. But, that didn't restrict him from becoming a serial entrepreneur.Coming to the present day, Euler Motors is aiming to grab a sizeable chunk in the logistics sector with its electric three-wheeler commercial vehicles. According to Saurav, India is set to become one of the top 3 global auto markets and electric vehicles are going to play a key role in meeting that target.With the government pushing towards electric mobility and the slowing pace of ICE-vehicle sales; EVs are the new business module that conventional automakers, as well as startups, are venturing into. However, sceptical consumer sentiment, lack of charging infrastructure, less price parity between conventional and electric vehicles are posing challenges in the growth trajectory of EVs.To overcome these kinds of challenges and make a sustainable business module, Euler Motors is making a multi-pronged approach. One of them is making the electric commercial vehicles, as the risk factor is lesser compared to other segments like passenger vehicles and two-wheelers, told Saurav to ETAuto.His company has been running a pilot project in Delhi-NCR in collaboration with logistics providers like BigBasket, Ecom Express, Udaan, Milk Basket, BlueDart etc. Euler Motors provided them 170 e-CVs at a price of Rs 38,000 per month to ensure zero-emission last-mile connectivity. Also, Euler Motors has set up 70 EV charging stations across the national capital to ensure uninterrupted charging.Besides that, Euler has also set up an R&D facility in Okhla that is working to increase the battery range. Therefore, manufacturing EVs, offering vehicle subscription and investing in R&D for range improvement are the key sectors, where Euler Motors is working to build a sustainable EV ecosystem.Talking about his future plans, Saurav said, Euler Motors aims to expand its business to Tier-2 and Tier-3 cities in the near future. Also, the startup is currently in talks with various e-commerce companies for expansion of its e-mobility business. It is also planning to offer vehicle subscription scheme to the fleet owners besides b2b operators.According to Saurav, Euler Logistics is going to rent out the e-vehicles in other metro cities soon.Euler Motors has raised a pre-Series A funding of $2.2 million, with the angel investment from Andrew Lee. Other investors include Blume Ventures and Emergent Ventures. Now the company is looking to attract a new set of investments, with which it can achieve the next target.With a supply chain across Europe, China and the US, Euler Motors currently has a monthly production capacity of 50 vehicles at its Faridabad facility and it targets to increase that to 200 units per month by 2020.Talking about the funding that the company received, Saurav said, "In the first series of investment, we got around $2 million from Blume Ventures, Emergent Ventures and Andrew Lee."This funding will help Euler in bringing new models with improved range, in line with its plan to enter the four-wheeler CV and passenger vehicle segments. Two more EV prototypes are going to unveil in 2020 with better range and payload capacity.Euler's current three-wheeler CV has 500 kg payload capacity, claims the company. This all-electric vehicle is powered by a 5.76 kWh lithium-ion Samsung battery. The vehicle can run up to 100 km on a single charge and with its full payload capacity. Currently, the battery life for this vehicle is claimed to be around 3-4 years on average and Euler is aiming to push it to 5 years with its own R&D.This has been an interesting journey for Saurav who credits his father Om Prakash Yadav for encouraging him to think out of the box. The Euler Motor CEO believes the passion for innovation is the only thing that has been driving him despite so many hardships. His journey reinstates the fact that if you have a dream and passion to achieve that, nothing is impossible.Today, Om Prakash Yadav is happy that his son is pursuing the dream to do something different, something big and giving it back to society by employing people in a time when unemployment is very rampant. He said, "In an era when people are losing jobs, it gives me immense happiness that my son is employing people and giving back to society."