Eidikos is an Electric Vehicle Charging Infrastructure solutions company and makes Electric Vehicle charging kiosks. They have designed and developed a single appliance EV charging solution which can charge two-wheeler, three-wheeler and four-wheeler Electric Vehicles. Eidikos specializes in Renewable energy, Energy Storage and Electric Vehicle charging solutions.
Eidikos was selected as a part of the HexGn Startup Ready Program batch of 2020. It is a six-month online Startup Acceleration program by HexGn in partnership with Invest India (AGNIi, and Startup India) to boost technology-based entrepreneurs from India. Zunzar Patil, the founder of Eidikos, has a Bachelor’s degree in Computer Engineering from Maharashtra Institute of Technology, Pune. He has 15 years of experience with topmost global companies like Tata Consulting Services, Oracle, Tech Mahindra and Airtel.
It operates out of Mumbai, Pune and has its R&D centre in Hyderabad. Eidikos operates with a vision of making a significant contribution towards lowering carbon footprint and Greenhouse gases, thereby making our planet a Green and Safe place. The team is working relentlessly working towards the goal of becoming a 100 million USD company in the next five years. The global electric vehicle charging infrastructure (EVCI) market size is expected to reach USD 63.9 billion by 2025 registering a CAGR of 32.6%. Unlike the traditional Internal Combustion Engine (ICE) vehicles, which are typically refuelled at gas stations, EVs can be recharged at multiple locations, such as private charging networks, at residence, or at commercial charging stations. However, overnight residential charging is insufficient for covering long distances and sparing hours to charge the vehicle, during a voyage, is not feasible. Such situations discourage the use of EVs. Therefore, companies are now deploying EV chargers at public places, such as commercial buildings, shopping centres, airports, and restaurants, to enable long-distance travel.
Furthering the Atmanirbhar dream of India, Eidikos has made an EV charging kiosk solution, and it is fully designed and developed locally by a passionate group of individuals. Eidikos is making a remarkable contribution towards our National objective of developing local electronics manufacturing in India.
In the Covid19 time, the biggest challenge that Eidikos is facing is in getting prospective clients open up to consider an EV charging kiosk solution inhouse designed and developed by a Startup business against similar solutions offered by established conglomerates in Power Electronics industry. In case you have any connects, do come forward and support Eidikos in crossing this hurdle.
On his advice to future entrepreneurs, Zunzar the founder of Eidikos says,” You should spend sufficient time on validating the need to Identify the area where your solution can differentiate and create space for itself in the market. You have to arrange enough funds to develop a working prototype for a solution without bank or investor support.”
As for advice on managing stress, Zunzar says, “Any form of exercise is the best stress buster. I go for early morning swim sessions and Gym sessions to keep my mind and body fit. Failures/Hurdles are part of the startup journey, never let these impact your self-confidence and self-belief.”
