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Evolute Financial Inclusion

A multi-product, multi-business enterprise committed to inclusive growth through the use of innovative technology

2012

Invested in design and development of Battery and Power Management Technologies

R&D house

by DSIR

IDRBT Payment

Systems Innovation

Contest

New Product Innovation Award

ELCINA

Entrpreneurial

excellence award

Most Promising

Startup - IESA

ELCINA Business excellence award

NASSCOM

Emerging

50 companies

2013-15

Certified as in-house R&D by DSIR. NASSCOM Emerging 50 companies. In 2015, we Launched tablet microATM – Leopard & authentication device – Lily

2016

Introduced a SMT Manufacturing line in Vasai

Ventured into HealthTech (medical technology) with an ECG and Ventilator, CleanTech (clean energy storage technology) with a Solar Home Lighting System while continuing to be a leader in the FinTech and Industrial Electronics segment.

 'We believe in building values and not just products.'

Since its inception, Evolute has grown exponentially. Over the last 30 years, we have established ourselves as a leading electronic solutions provider using innovative technologies for several Industries. The dynamics of the Indian market are unparalleled and hence our expertise in this market enables us to reach out to any corner of the world.

FEATURED

1970s

Our roots and platform building in Industrial Electronics

1990s

Valuable international tie-ups, established us an a value-added reseller across the country

2000s

We stepped into the big game, scaling up and ventured into Electromechanical Components, Industrial LCDs, Batteries, Wireless Modules and thermal printer mechanism

2008

A big year for us. We established a brand identity under the Evolute umbrella and forayed to venture into Manufacturing & Design led initiatives.

2009

Founded Evolute Systems and ventured into embedded systems designs specially for the FinTech market.

2010

Established manufacturing facility in Vasai with through hole assembly line. Launched Impress - India’s fastest Bluetooth & Biometric Thermal Printer

Anchor 1

PARAG MEHTA

Founder & CEO

Parag has been an integral part of Evolute's growth story. For over 2 decades, he has steered the company to become a leading technology conglomerate in India, and recognised globally. His vision, strategy and dynamic personality is what translates on a day to day basis to the rest of the team, and sets a culture of constant innovation and growth. Parag believes that business has a social agenda, not just a profit agenda and hence lays greater emphasis on developing products and solutions that benefit the lives of people and communities. 

PARAS MEHTA

Founder & JMD

Paras plays a significant role in managing the top line of growth for the company especially in Industrial Electronics and CleanTech domains. With his rich experience in implementation, he takes additional responsibilities of opening and exploring challenging opportunities in the diversified family business. 

THE PEOPLE BEHIND THE DREAM
Anchor 3

What drives me everyday, what makes me build Evolute, is the knowledge that this business is more than just about profit. It's bringing about a positive social change.

PARAG MEHTA

FOUNDER & CEO - EVOLUTE

Anchor 4
Anchor 2

ASSEMBLY LINES

Complete ESD controlled manufacturing premise. Latest SMT line comprising of DEK automatic printer i6, Yamaha flexible mounter M20, Eighth zone JTR-800 RoHS compatible reflow oven, interlinked with automatedconveyor system with capability of 20,000 components per hour.Capable of mounting all SMD component from 2522 package to 0402 package.

Quality management complies with ISO 9001:2008 guidelines.

DESIGN & DEVELOPMENT CENTRE

Specialties include: HHT, Power & Energy storage systems, Embedded Engineering, Wireless & biometric technlogies

Developing multi layer PCBs, Device drivers, OS build, Kernel & OS debugging, Porting of embedded Linux, Android on hardware platforms.

Industrial Design, Mechanical Design, RPT and Mould Design

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