Eveez

Gurugram, India Founded: 2020 • Age: 6 yrs Minicorn
Provider of electric bikes on subscription for business and personal use

About Eveez

Eveez is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2020 by Abhishek Dwivedi and Gaurav Rathore. It operates as a provider of electric bikes on subscription for business and personal use. Eveez has raised $6.39 million across 4 funding rounds from investors including Michael & Susan Dell Foundation, NK Securities Research and IVY Growth Associates. The company has 102 employees. Eveez was last valued at $4.02 million in September 2022. Its chief executive is Gaurav Rathore. Its website eveez.in draws about 16 thousand monthly visits. Its Indian entity Traveltech Experiences Private Limited reported revenue of β‚Ή21.70 Cr. Its focus areas include Consumer, Road Transport Tech, Vehicle Subscription and Motorized Two Wheeler. Its competitors include Zypp Electric, Yulu, Fullfily, Hala Mobility and Welectric and 2 more; 6 of its 7 listed competitors have raised funding.

Company details

Eveez was founded in 2020 and is based in Gurugram, India. Electric bikes are provided through subscription models tailored for business and personal applications. Various plans are available, incorporating different ranges and features such as service, insurance, IoT integration, and coverage for regular wear and tear. Bikes are offered in registered and unregistered variants to meet varying speed requirements in the electric mobility sector.

  • Headquarters Gurugram, India
  • Employees 102
  • Founders Abhishek Dwivedi, Gaurav Rathore
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website eveez.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Traveltech Experiences Private Limited
  • Date of Incorporation 25 Apr, 2019
  • Jurisdiction Gurugram, Haryana, India
Key Metrics
  • Annual Revenue
    ₹21.70 Cr

    FY 2025 · +4% YoY

  • Net Loss
    -₹3.76 Cr

    FY 2025 · -17% margin

  • EBITDA
    -₹3.15 Cr

    FY 2025 · -15% margin

  • Total Equity Funding
    $6.39M (USD)

    in 4 rounds

  • Latest Funding Round
    $5.4M (USD), Series A

    Jul 2025

  • Investors
  • Employee Count
    102

Funding Insights of Eveez

Eveez has successfully raised a total of $6.39M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.4 million completed in July 2025. 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 $6.39M
  • Total Rounds 4
  • Last Round Series A β€” $5.4M
  • First Round $66,954

    (Sep 2020)

  • Investors Count 67

All 4 funding rounds of Eveez with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2025$5.4MSeries A–Michael & Susan Dell Foundation
Sep 2022$526,684Seed$4.02MEv2 Ventures
Dec 2021$400,000Seed$3.86Mah! Ventures, Prarthana Nayyar
Sep 2020$66,954Angel Round$β€’β€’β€’β€’β€’Ritu Yadav, Salil Bhargava
Valuation history
DateValuationStage
Sep 2022$4.02Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2021$3.86Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Eveez

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Last known valuation $4.02M (Sep 2022). 67 investors in total: 16 institutional and 51 angel.

Investors in Eveez

Eveez has secured backing from 67 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Michael & Susan Dell Foundation, NK Securities Research and IVY Growth Associates.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are provided to smart mobility sector startups.
–ev2.vcGurugram, India
Seed-stage venture capital focused on enterprise AI, intelligent software, and cloud technologies.
–emergent.vc-
Angel network facilitating startup investments and investor connections in technology and sustainability sectors.
2021ivygrowth.co.inSurat, India
Caret Capital is recognized as a sustainability-focused venture capital fund.
–caretcapital.inGurugram, India
Venture capital and startup investment services are offered by ThinKuvate in various sectors.
2015thinkuvate.com-
Venture capital firm supporting startups in consumer goods, food, and technology sectors through funding and guidance.
2022sailthruventures.comDelhi, India
Venture capital fund focused on growth stage, pre-series A start-ups
–ahventures.fundMumbai, India
Fundraising is enabled for startups through an investor connection platform.
–ahventures.inMumbai, India
Exports motorcycles, spare parts, steel, leather goods, and laminates worldwide.
2021jgenterprise.inAhmedabad, India
Industry-specific consulting services are provided to clients worldwide.
–adelaarconsulting.tcc.modeMumbai, India
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Investor details for Eveez

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Board of directors of Traveltech Experiences Private Limited (Eveez)

Traveltech Experiences Private Limited is the primary company behind Eveez. The board of Traveltech Experiences Private Limited currently have 3 directors; the longest-serving is Abhishek Dwivedi, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Abhishek Dwivedi
DIN 06406366
Director25 Apr 20197 yrs 5 moTraveltech Experiences Private Limited
Gaurav Rathore
DIN 02219357
Director25 Apr 20197 yrs 5 moTraveltech Experiences Private Limited
Karan Mittal
DIN 06482693
Nominee Director25 Jan 20233 yrs 8 moTraveltech Experiences Private Limited

People of Eveez

2 people are tracked at Eveez (2 in leadership); the tracked headcount is 102.

NameRoleGroup
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
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Financials of Eveez

Figures of Traveltech Experiences Private Limited, the primary company behind Eveez, for FY 2025. Revenue was ₹21.70 Cr (+4% year on year). Net loss was -₹3.76 Cr (-17% margin). EBITDA was -₹3.15 Cr (-15% margin). Revenue has grown at a compounded annual rate of +167% over three years and +257% over five years.

  • ₹21.70 CrRevenue · FY 2025 · +4% YoY
  • -₹3.76 CrNet loss · -17% margin
  • -₹3.15 CrEBITDA · -15% margin
  • ₹1.8 LakhPaid-up capital
  • 102Employees (provident fund records)
  • +167%Revenue CAGR, 3 years
  • +257%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Traveltech Experiences Private Limited are on its company page.

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Detailed financial statements for Eveez

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  • Downloads

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Timeline of Eveez

4 dated milestones of Eveez across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Eveez is founded.
  2. Funding First funding round of $67K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $5.4M.

Competitors of Eveez

Eveez has 7 listed competitors in our database, 6 of them funded. They include Zypp Electric, Yulu, Fullfily, Hala Mobility and Welectric, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zypp.app2017Gurugram, India$50.34M913
Electric vehicles are supplied for last-mile delivery and rental needs.
yulu.bike2017Bengaluru, India$124.54M185
Shared electric two-wheelers are rented via an online platform.
fullfily.com2021Chennai, India$1.78M79
Electric delivery vehicles are rented via an online platform.
halamobility.in2020Hyderabad, India$11.19M24
Electric mobility solutions are offered via rentals and financing options.
welectric.in2019Bengaluru, India$183,496–
Multi-brand electric two-wheeler lifecycle solutions are provided.
scooev.com2021Bengaluru, India–65
Offers electric scooter rental services with comprehensive solutions for urban mobility.
gotrueno.com2020Mumbai, India$89,066–
Electric scooter subscriptions are offered through an app-based platform.
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Detailed competitors of Eveez

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Web traffic of Eveez

The website of Eveez (eveez.in) receives about 15.6K visits a month.

  • Monthly visits
    15.6K

    ▼ 15.6% vs previous month

Similar websites

Websites whose visitors overlap most with Eveez. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
evheels.com
evheels.com
100%
–#13,343,876–
bud-e.in
81%
1.6K#8,693,684View details
swytchd.com
80%
4K#4,880,059View details
exaride.com
76%
14.2K#5,053,642View details

Top companies in Automotive Retail & Aftersales

10 companies that operate in the same segment as Eveez (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Pre-owned vehicles are sold online with financing and valuation services.
2012Phoenix, Arizona, United StatesUSD 460 MUSD 20.32 B17,400
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
Pre-owned cars are certified, inspected, and traded online via Kavak.
2016Lerma De Villada, Estado De Mexico, MexicoUSD 1.85 B–11
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 161.3 MUSD 369.88 M625
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Second-hand cars are listed online to connect buyers and sellers.
2003Mumbai, Maharashtra, IndiaUSD 5.89 MUSD 5.28 M451
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Full-stack marketplace services for car ownership are provided.
2015Singapore, Singapore, SingaporeUSD 685.9 MUSD 806.83 M1,381
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Related news about Eveez

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Frequently Asked Questions about Eveez

Eveez was founded in 2020.

Eveez is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Gaurav Rathore is the current CEO of Eveez. They have also founded this company.

Eveez is a funded company, having raised a total of $6.39M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $66.95K, raised on Sep 2020.

Eveez has 102 employees.

The primary company behind Eveez, Traveltech Experiences Private Limited, reported revenue of β‚Ή21.70 Cr for FY 2025, up 4% year on year.

Eveez was founded in 2020 and is based in Gurugram, India. Electric bikes are provided through subscription models tailored for business and personal applications. Various plans are available, incorporating different ranges and features such as service, insurance, IoT integration, and coverage for regular wear and tear. Bikes are offered in registered and unregistered variants to meet varying speed requirements in the electric mobility sector.

Eveez's top competitors include Yulu, Zypp Electric and Hala Mobility.

The valuation of Eveez is $4.02M as of Sep 2022.

Eveez operates through Traveltech Experiences Private Limited.

The legal entities of Eveez currently have 3 directors, including Abhishek Dwivedi, Gaurav Rathore, Karan Mittal.

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