About Evify
Evify is a company based in Surat (India) founded in 2021 by Vineet Mittal, Devrishi Arora, Pragya Mittal, Aditya Singhania, and Saurabh Aggarwal. It operates as a B2B2C and Green Energy-as-a-Service. Evify has raised $3.23 million across 6 funding rounds from investors including We Founder Circle, Gujarat Venture Finance and IVY Growth Associates. The company has 40 employees as of April 07, 2024. Evify offers products and services including Eveeto. Evify operates in a competitive market with competitors including Zypp Electric, 3eco, MoEving, BluWheelz and Pickkup, among others.
- Headquarter Surat, India
- Employees 40 as on 07 Apr, 2024
- Founders Vineet Mittal, Devrishi Arora, Pragya Mittal, Aditya Singhania, Saurabh Aggarwal
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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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 Evify Logitech Private Limited
- Date of Incorporation 09 Jul, 2021
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$127.53 K (USD)1293.47as on Mar 31, 2023
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Net Profit
-$272.67 K (USD)-942.93as on Mar 31, 2023
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EBITDA
-$257.28 K (USD)-920.56as on Mar 31, 2023
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Total Equity Funding
$3.23 M (USD)
in 6 rounds
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Latest Funding Round
$54.66 K (USD), Seed
Jan 27, 2026
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Investors
We Founder Circle
& 40 more
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Employee Count
40
as on Apr 07, 2024
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Products & Services of Evify
Evify offers a comprehensive portfolio of products and services, including Eveeto.
Electric vehicle logistics service for B2B delivery needs.
Funding Insights of Evify
Evify has successfully raised a total of $3.23M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $54.66 thousand completed in January 2026. 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.
Investors in Evify
Evify has secured backing from 41 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include We Founder Circle, Gujarat Venture Finance and IVY Growth Associates.
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Venture capital investments are made in Indian startups across multiple sectors.
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Private equity fund investing in multiple sectors
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Investment in early-stage startups and global community support.
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Investor details for Evify
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Evify
Investment portfolio details for Evify
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Financial Statements - Evify
Detailed financials for Evify
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Evify Comparisons
Peer comparison for Evify
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Competitors of Evify
Evify 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 Zypp Electric, 3eco, MoEving, BluWheelz and Pickkup, among others.
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Electric vehicles are supplied for last-mile delivery and rental needs.
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Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment.
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Electric mobility solutions are provided for logistics last-mile deliveries.
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Electric vehicle fleets are provided for last-mile logistics operations.
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End-to-end logistics solutions are delivered using an electric fleet.
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Detailed competitors of Evify
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Latest news on Evify
Complete news archive for Evify
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Frequently Asked Questions about Evify
Evify was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Evify is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Devrishi Arora is the current CEO of Evify. They have also founded this company.
Evify is a funded company, having raised a total of $3.23M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Evify is 40.
Annual revenue of Evify is $127.53K as on Mar 31, 2023.
Evify is engaged in providing B2B delivery services using electric vehicles. Operations are focused on green logistics, aiming for carbon-negative impact. The Eveeto platform is utilized for EV acquisition, maintenance, and client delegation. Services are offered across multiple cities in India, ensuring timely deliveries through a tech-driven approach. The company is positioned in the sustainable transportation sector.
Evify's top competitors include Zypp Electric, MoEving and Pickkup.
Evify offers Eveeto.
Evify has 41 investors. Key investors include We Founder Circle, Gujarat Venture Finance, IVY Growth Associates, Alpha Plastomers, and Piper Serica.
The valuation of Evify is $6.44M as of Jan 2024.