Headquartered in Hyderabad Varcas Automobiles has completed 3 years in the industry and is currently in its 4th year of operations. Every business was impacted by the recent waves of the Covid but building strength by strength, and emerging successful is commendable. “Being more than 3 years in the market, Varcas Automobiles have proven their worth, efficiency, and reliability, being a popular choice among the customers. The key demographic that the company is targeting currently are Tier- 2, Tier-3 markets followed by Tier-1, and the Metros”, says Ram Vemireddy - CEO - VARCAS Automobiles.
The core leadership at Varcas team comprises of experienced professionals and majority of them are Engineers from Electronics, Automotive, Mechanical, Computer Science backgrounds. The team brings a combined experience of 80 plus years on the table and more than 20+ years of experience in varied Industry viz Software, IT Security & Protection, Automotive. The company has expanded from 25 employees in 2019 and currently stands at a strength of a 130 plus employees. The business objective is to reduce pollution and contribute to the market penetration from 5% to 30% in next 5 years.
Varcas Automobiles believes that there is a huge deal of potential for it in the EV market and when it comes to a feel-good factor for the environment, the payback to the environment and the society by helping middle class people to save their hard-earnings and improving their life style by using EV, brings a lot of satisfaction. Varcas intends to create an impact for both manufacturers and users.
Varcas intends to create an impact for both manufacturers and users
Speed Efficiency and Affordable Pricing
Varcas has developed products in both low speed and high speed and achieved 100% localization content. It currently has 5 Models in Scooters and 3 models in E-Cycles. At the competitive front, they are as efficient and powerful, and proven for their performance, as the other contemporaries.
Varcas also has IOT based features(GPS Navi, Trips,Remote Immobilization, Alerts Theft, Crash etc.)in the products that are optional for customers, offering upto 3* years of warranty on certain components. It has served more than 28,000+ happy customers spread across 110+ towns across 20+ states.
The Government’s support and the customers’ response has been a motivation to the energy and keeps the company thriving further. Varcas is currently catering to the B2B space, it later intends to grow strongly and register its presence in the B2C space as well. With adaptations in place, and having registered a revenue of 90+ crores for 3rd year, it plans to launch at least 3 New products during the Fiscal year 2022-23, targeting 2x growth.