Vardhan Tax

DIPP recognition · DIPP98616

FGEV MOBILITY PRIVATE LIMITED

Auto & Truck Manufacturers · Gorakhpur, Uttar Pradesh · Private Limited Company

AutomotiveAuto & Truck Manufacturers

Recognition fact sheet

Entity name
FGEV MOBILITY PRIVATE LIMITED
DIPP number
DIPP98616
Entity type
Private Limited Company
Industry
Automotive
Sector
Auto & Truck Manufacturers
Location
Gorakhpur, Uttar Pradesh

Value proposition

  • At Future Garages, our goal is to transform the way India commutes, every day. We are building a sustainable league of motorcycles, mobility solutions and everything that goes around it. Our first model is an All-Electric semi-sports, performance-oriented commuter motorcycle. Each bike is designed with exceptional finesse to use the progressive future-proof electric powertrain and uses a uniquely delineated rigid, state-of-the-art chassis and battery explicitly made for the roads and the people of India. An idea conceived through passion, FG wants to revolutionise how India travels. In a country where more than 70% of the population rides motorcycles, people need a safe family commuter and not just a vehicle on two wheels.

Incubator / host organisation

Software Technology Parks of India

Steps to get DPIIT startup recognition

A practical end-to-end map from incorporation to your DIPP number — the same recognition shown on profiles in this directory. Timelines vary by sector and document readiness; use this as a checklist, not a government processing guarantee.

  1. Incorporate your venture

    Register a private limited company, LLP, or partnership firm with MCA. Collect your CIN/LLPIN, PAN, and basic KYC — these are referenced throughout the Startup India journey.

  2. Create your Startup India profile

    Sign up on the Startup India portal with your business email. Complete the organisation profile, authorised representative details, and link your registered entity.

  3. File the DPIIT recognition application

    Choose “Startup Recognition”, describe your product or service, sector, and how you use technology. Upload incorporation documents, brief pitch deck or note, and supporting declarations.

  4. Department review & clarifications

    DPIIT may request clarifications on scalability, innovation, or documentation. Respond promptly through the portal — delays here are the most common reason recognition timelines stretch.

  5. Receive DPIIT recognition (DIPP number)

    Once approved, download your recognition certificate and note your DIPP number. You can then access Startup India benefits, incubator programmes, and schemes such as SISFS (subject to each scheme’s rules).

  6. Plan compliance & growth milestones

    Align GST, labour, and sector licences with your stage. If you are pursuing seed funding, keep proof-of-concept milestones documented — incubators evaluate traction alongside your recognition status.

Official recognition is granted only through Startup India (DPIIT). Vardhan Tax can help with incorporation and compliance around your application — not with government approval itself.

Startup India Seed Fund Scheme (SISFS) — how much funding is available?

DPIIT-recognised startups may apply for the Startup India Seed Fund Scheme through eligible incubators (not directly as individuals). Amounts and eligibility are set by government guidelines — always confirm the latest rules on the official portal.

Grant component

Up to ₹20 lakh

Proof of concept · prototype · product trials

  • Milestone-based grant instalments (prototype, testing, market-ready product)
  • Typically used for proof of concept and product trials
  • No equity dilution for the grant component

Investment component

Up to ₹50 lakh

Market entry · commercialisation · scale-up

  • For market entry, commercialisation, or early scaling
  • Structured as convertible debentures, debt, or debt-linked instruments
  • Evaluated by the incubator alongside your traction and business plan

Common eligibility themes (summary)

  • DPIIT recognition and incorporation within the scheme's age window at application time
  • Technology-led product or service with commercialisation potential
  • Limits on prior central/state monetary support (excluding certain prizes and facilities)
  • Applications routed through incubators on the Startup India seed fund portal

Sources: SISFS overview (https://seedfund.startupindia.gov.in/about) · Official FAQ (https://seedfund.startupindia.gov.in/faq)

Explore related startups

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Frequently asked questions

FGEV MOBILITY PRIVATE LIMITED is listed with DPIIT recognition number DIPP98616. It operates in the Auto & Truck Manufacturers sector and is based in Gorakhpur, Uttar Pradesh.