EV tech logistics platforms EVIFY raises 100k USDin angel round

July 9, 2022
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EVIFY, a Surat based tech-enabled EV logistics startup, has raised INR 8MN in seed round  from angel investors like We Founder Circle. The capital raised through this funding round is going to be utilised majorly for  technology development, team building and scaling up the company’s operations.

EVIFY aims to provide green logistics-based end-to-end services to all the e-commerce giants of the country. Eveeto is the logistics solutions wing of Evify which operates only Electric Vehicles (EVs) for deliveries. Evify is looking ahead to develop its platform more extensively by adding Geofencing, customised BMS, telematics, client insights and driver & fleet management. The platform counts around 3,00,000+ green kms and 50,000+ green deliveries till April, 2022.

Commenting on the same, Devrishi AroraFounder and CEO of EVIFY said, “This is a great start to the fiscal year for the company. Through this funding capital, we plan to upgrade and integrate technological advancements into our delivery operations such as geofencing, BMS, and fleet management.”

Sharing more details about the same, the Co-Founder and CMO of EVIFY, Pragya Mittal stated“We are focused on setting our strong foot in Surat in the coming months through this funding round and develop our SOPs for expansion in multiple cities which includes Vadodara, Ahmedabad, and Rajkot. ”

This year EVIFY has embarked on several huge partnerships with various leading industry giants. It includes the company’ s partnership with Swiggy, BigBasket, and Hero Electric. EVIFY has partnered with Swiggy to deliver their food orders through EVs in Surat, Gujarat. As per its partnership with Hero Electric, the company has signed a MOU to purchase 1000 electric scooters in the coming two years. These EVs will be deployed by EVIFY in various Tier 2 and Tier 3 cities. The company has also planned to develop the charging infrastructure in the prime locations of the city for better performance of its fleet.

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