Dikhyaa Mohanty 
Madhumita Agrawal founder of IPexcel which is a technology and innovation consulting firm became the first woman to co-found an Indian electric vehicle company, OBEN Electric Vehicle.
According to the report, while speaking to The Better India, Madhumita talked about her journey from Rourkela to IIT-Kharagpur, IIM-Bangalore to Bengaluru. She was raised in Rourkela and studied engineering degree in biotechnology from the Biju Patnaik University of Technology (BPUT). She later persuaded a law degree in intellectual property at the Rajiv Gandhi School of Intellectual Property Law (RGSOIPL), IIT-Kharagpur.
“One needs to understand the differences and finer nuances of technology. After completing my engineering, I never wanted to leave the field entirely, but I also wasn’t interested in studying for a Ph.D. That’s why I pursued this course at IIT-KGP,” she said.
Madhumita’s company IPexcel which is a multi-million-dollar revenue generating company has more than 1,500 across different technology segments and they have five customers who find a mention in the list of Fortune 500 companies, besides a plethora of mid-sized firms and start-ups across 10 countries.
While running IPexcel, Madhumita and Dinkar began aggressively consulting firms in the electric mobility business. That is how they developed an expertise and a strong interest in electric vehicles (EVs), besides understanding their market and its existing problems.
“For the past four years, we have been closely working in this domain understanding the different products on offer, problems, and gaps in the Indian market. But it was only early last year, when we held serious discussions as co-founders about identifying the gaps in the market, how to position ourselves and what we can do to achieve our goals moving forward. By August 2020, we had identified the gaps, set up the right team around us, and officially incorporated OBEN Electric Vehicle in Bengaluru,” recalls Madhumita.
Image Source – Google
