
EVIFY Logitech
Provides end to end Green Delivery services, operating with only e-vehicles (2W/3W) for Intra-city deliveries.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | $1.3m | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Evify is an innovative startup based in India that focuses on providing local delivery services using electric vehicles (EVs). The company primarily serves business-to-business (B2B) clients, which means it partners with other businesses to handle their delivery needs. Evify operates in the logistics and transportation market, specifically targeting environmentally conscious businesses that are looking to reduce their carbon footprint.
The business model of Evify revolves around offering green delivery solutions. By using electric vehicles, the company aims to minimize the environmental impact of transportation. This is particularly significant as Evify aspires to be the first Indian startup with a carbon-negative fleet, meaning they aim to remove more carbon dioxide from the atmosphere than they emit.
Evify makes money by charging businesses for their delivery services. They offer a range of logistics solutions, including vehicles, charging stations, technology platforms, and green warehouse spaces. Their integrated IT platform is designed to increase efficiency and reduce costs for their clients, making their services economically affordable while being environmentally sustainable.
The company's mission is to bring order and transparency to the often chaotic Indian logistics sector by leveraging technology. Their vision is to become a one-stop, eco-friendly logistics solutions provider. This includes not just the delivery vehicles but also the infrastructure needed to support them, such as charging stations and green warehouses.
The leadership team at Evify includes Mr. Devrishi Arora and Mrs. Pragya Mittal. Mr. Arora brings a wealth of experience from a family with over 60 years in the transportation sector, making him a third-generation entrepreneur.
Keywords: Electric Vehicles, B2B Delivery, Green Logistics, Carbon Negative, Tech Platform, Affordable Transport, Charging Stations, Green Warehouses, Sustainable Operations, Indian Market.