About Evera Cabs
Evera Cabs is a company based in Delhi (India) founded in 2019 by Nimish Trivedi, Vikas Bansal, and Rajeev Tiwari.. Evera Cabs has raised $14 million across 5 funding rounds from investors including Mufin Green Finance, Westova Global and IEG. The company has 26 employees as of April 06, 2024. Evera Cabs offers products and services including Evera Cabs App. Evera Cabs operates in a competitive market with competitors including Snap-E Cabs, BluSmart, Cab-eez, Eprakriti and Malbork, among others.
- Headquarter Delhi, India
- Employees 26 as on 06 Apr, 2024
- Founders Nimish Trivedi, Vikas Bansal, Rajeev Tiwari
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Sectors
Transportation, Automotive & Logistics
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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 Prakriti E-Mobility Private Limited
- Date of Incorporation 20 Sep, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$740.98 K (USD)-58.16as on Mar 31, 2023
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Net Profit
$-1.33 M (USD)-1518.03as on Mar 31, 2023
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EBITDA
$-1.69 M (USD)-3650.31as on Mar 31, 2023
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Total Equity Funding
$14 M (USD)
in 5 rounds
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Latest Funding Round
$4 M (USD), Seed
Jun 25, 2025
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Investors
Mufin Green Finance
& 6 more
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Employee Count
26
as on Apr 06, 2024
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Products & Services of Evera Cabs
Evera Cabs offers a comprehensive portfolio of products and services, including Evera Cabs App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for booking all-electric cabs with safety features and no cancellations.
Funding Insights of Evera Cabs
Evera Cabs has successfully raised a total of $14M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in June 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 Total Funding
- Total Rounds 5
- Last Round Seed — $4.0M
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First Round
First Round
(16 Mar 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Seed - Evera Cabs | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - Evera Cabs | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - Evera Cabs | Valuation | IEG |
| 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 Evera Cabs
Evera Cabs has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mufin Green Finance, Westova Global and IEG. 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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Private equity firm focused on real estate, petrol, minerals, and multiple sectors
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Founded Year | Domain | Location | |
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Early-stage companies are funded by this venture capital entity.
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Founded Year | Domain | Location | |
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Investment banking services are provided for global innovators.
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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 Evera Cabs
| 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 - Evera Cabs
| 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 |
Evera Cabs Comparisons
Competitors of Evera Cabs
Evera Cabs 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 Snap-E Cabs, BluSmart, Cab-eez, Eprakriti and Malbork, 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 |
Electric cab services are provided via an app-based booking platform.
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| domain | founded_year | HQ Location |
Electric ride-hailing and cab services are provided via mobile app.
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| domain | founded_year | HQ Location |
Operator of a technology platform providing all-electric vehicle cab booking services
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| domain | founded_year | HQ Location |
Electric car rentals and charging stations are provided by Eprakriti.
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| domain | founded_year | HQ Location |
Electric taxi-hailing services are facilitated via a mobile app platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Evera Cabs
Frequently Asked Questions about Evera Cabs
When was Evera Cabs founded?
Evera Cabs was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Evera Cabs located?
Evera Cabs is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Evera Cabs a funded company?
Evera Cabs is a funded company, having raised a total of $14M across 5 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Mar 16, 2020.
How many employees does Evera Cabs have?
As of Apr 06, 2024, the latest employee count at Evera Cabs is 26.
What is the annual revenue of Evera Cabs?
Annual revenue of Evera Cabs is $740.98K as on Mar 31, 2023.
What does Evera Cabs do?
Provider of an all-electric cab service. It offers a ride-hailing app with a fleet of electric vehicles and full-time, professionally certified drivers. The service is designed to reduce carbon emissions and improve passenger safety and comfort. Key features include no surge pricing, no driver cancellations, and a commitment to passenger safety through background checks and vehicle safety features. The electric vehicles offer a smoother, more comfortable ride experience.
Who are the top competitors of Evera Cabs?
Evera Cabs's top competitors include BluSmart, Snap-E Cabs and Cab-eez.
What products or services does Evera Cabs offer?
Evera Cabs offers Evera Cabs App.
Who are Evera Cabs's investors?
Evera Cabs has 7 investors. Key investors include Mufin Green Finance, Westova Global, IEG, Direct Capital, and Mahendra Goenka.
What is Evera Cabs's valuation?
The valuation of Evera Cabs is $738.38K as of Mar 2020.
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