About EV India
EV India is a company based in Ahmedabad (India) founded in 2021 by Dhruv Thakkar.. EV India has raised $25.15 thousand across 2 funding rounds from investors including We Founder Circle, EvolveX and Neeraj Tyagi. The company has 1 employees as of April 09, 2024. EV India operates in a competitive market with competitors including ElectricPe, ZigWheels, Autocar India, BikeWale and MotorBeam, among others.
- Headquarter Ahmedabad, India
- Employees 1 as on 09 Apr, 2024
- Founders Dhruv Thakkar
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Sectors
Transportation, Automotive & LogisticsMedia & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Vidhyut Vahanam Tyd Private Limited
- Date of Incorporation 01 Oct, 2021
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$0.13 (USD)0as on Mar 31, 2022
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Net Profit
$-6.46 K (USD)0as on Mar 31, 2022
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EBITDA
$-5.89 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$25.15 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
We Founder Circle
& 4 more
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Employee Count
1
as on Apr 09, 2024
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Funding Insights of EV India
EV India has successfully raised a total of $25.15K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(27 Aug 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - EV India | Valuation | Neeraj Tyagi , Gaurav VK Singhvi |
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| Aug, 2022 | Amount | Seed - EV India | Valuation | We Founder Circle |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EV India
EV India has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include We Founder Circle, EvolveX and Neeraj Tyagi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accelerator program offering mentorship, funding, and network access to early-stage startups.
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Founded Year | Domain | Location | |
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Investment in early-stage startups and global community support.
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Founded Year | Domain | Location | |
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NT
Neeraj Tyagi |
Co-founder of WeRize, fintech innovator, active angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EV India
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EV India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ev India Comparisons
Competitors of EV India
EV India operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ElectricPe, ZigWheels, Autocar India, BikeWale and MotorBeam, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-brand electric vehicles are sold with charging services provided.
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| domain | founded_year | HQ Location |
Online portal to find new and used car deals
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| domain | founded_year | HQ Location |
Official website of monthly automobile magazine
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| domain | founded_year | HQ Location |
Offers bike listings, prices, reviews, and comparisons for consumers.
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| domain | founded_year | HQ Location |
Online content and reviews for cars and bikes are delivered.
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| domain | founded_year | HQ Location |
Online auto portal for buying/selling and new car research
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about EV India
When was EV India founded?
EV India was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is EV India located?
EV India is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is EV India a funded company?
EV India is a funded company, having raised a total of $25.15K across 2 funding rounds to date. The company's 1st funding round was a Seed of $25.15K, raised on Aug 27, 2022.
How many employees does EV India have?
As of Apr 09, 2024, the latest employee count at EV India is 1.
What is the annual revenue of EV India?
Annual revenue of EV India is $0.13 as on Mar 31, 2022.
What does EV India do?
Founded in 2021 in Ahmedabad, India, EV India operates as an online platform in the electric vehicle sector, focused on two-wheelers such as scooters and motorcycles. Searches are enabled based on criteria including city, brand, budget, speed, and range. Comparisons, reviews, and dealer contact details are provided to users across India.
Who are the top competitors of EV India?
EV India's top competitors include ElectricPe, ZigWheels and BikeWale.
Who are EV India's investors?
EV India has 5 investors. Key investors include We Founder Circle, EvolveX, Neeraj Tyagi, Gaurav VK Singhvi, and Vikas Aggarwal.
What is EV India's valuation?
The valuation of EV India is $500.18K as of Aug 2022.