About EVQ Point
EVQ Point is a company based in Bengaluru (India) founded in 2019 by Latif Ameer. EVQ Point has raised $728.62 thousand across 1 funding round from investors including Spark Minda. The company has 19 employees. EVQ Point offers products and services including 3.3kW AC Station, 30kW DC Smart Wallbox, 7.2kW AC Station, and 40kW DC Smart Wallbox. EVQ Point operates in a competitive market with competitors including ElectricPe, Matter Energy, Ionage, chargeMOD and Servoteh, among others.
- Headquarter Bengaluru, India
- Employees 19
- Founders Latif Ameer
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website evqpoint.com
- Social LinkedIn
- Legal Name Evqpoint Solutions Private Limited
- Date of Incorporation 16 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.94 Cr
FY 2024 · +9% YoY
- Net Loss-₹1.85 Cr
FY 2024 · -95% margin
- EBITDA-₹1.70 Cr
FY 2024 · -87% margin
- Total Equity Funding$728.62K (USD)
in 1 rounds
- Latest Funding Round$728.62K (USD), Seed
Sep 2021
- Investors
- Employee Count19
Associated legal entities of EVQ Point
EVQ Point operates through Evqpoint Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evqpoint Solutions Private Limited CIN U34300KA2019PTC127956 | Active | 16 Sep 2019 | Bangalore, Karnataka | ₹1.9 Cr | 19 | 3 | View details |
Products & Services of EVQ Point
EVQ Point offers a comprehensive portfolio of products and services, including 3.3kW AC Station, 30kW DC Smart Wallbox, 7.2kW AC Station, and 40kW DC Smart Wallbox.
Provides slow charging for light electric vehicles
Delivers fast charging for commercial electric vehicles
Offers reliable charging for various electric vehicle types
Supports high-power charging for cars and loaders
Funding Insights of EVQ Point
EVQ Point has successfully raised a total of $728.62K through 1 strategic funding round. The most recent funding activity was a Seed round of $728.62 thousand completed in September 2021. 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 $728,621
- Total Rounds 1
- Last Round Seed — $728,621
- First Round $728,621
(Sep 2021)
- Investors Count 1
All 1 funding rounds of EVQ Point with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $728,621 | Seed | $2.8M | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $2.8M | •••••••• |
Last known valuation $2.8M (Sep 2021). 1 investors in total: 1 institutional.
Investors in EVQ Point
EVQ Point has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Spark Minda.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer and supplier of automotive components | 1958 | sparkminda.com | Gurugram, India |
Investor details for EVQ Point
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Evqpoint Solutions Private Limited (EVQ Point)
Evqpoint Solutions Private Limited is the primary company behind EVQ Point. The board of Evqpoint Solutions Private Limited currently have 3 directors; the longest-serving is Rizwana Khanam Pathan, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rizwana Khanam Pathan DIN 08563357 | Director | 16 Sep 2019 | 7 yrs | Evqpoint Solutions Private Limited |
| Latif Ameer Babu Shiek DIN 08181863 | Managing Director | 16 Sep 2019 | 7 yrs | Evqpoint Solutions Private Limited |
| Sanjiv Kumar Jalan DIN 00054688 | Director | 10 Jul 2023 | 3 yrs 3 mo | Evqpoint Solutions Private Limited |
People of EVQ Point
1 people are tracked at EVQ Point (1 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for EVQ Point
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of EVQ Point
Figures of Evqpoint Solutions Private Limited, the primary company behind EVQ Point, for FY 2024. Revenue was ₹1.94 Cr (+9% year on year). Net loss was -₹1.85 Cr (-95% margin). EBITDA was -₹1.70 Cr (-87% margin). Revenue has grown at a compounded annual rate of +64% over three years.
- ₹1.94 CrRevenue · FY 2024 · +9% YoY
- -₹1.85 CrNet loss · -95% margin
- -₹1.70 CrEBITDA · -87% margin
- ₹2.8 LakhPaid-up capital
- 19Employees (provident fund records)
- +64%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Evqpoint Solutions Private Limited are on its company page.
Detailed financial statements for EVQ Point
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of EVQ Point
3 dated milestones of EVQ Point across 2 years, from founding to its latest funding, stage changes and deals.
- Founded EVQ Point is founded.
- Funding First funding round of $729K.
- Milestone Reaches Minicorn status.
Competitors of EVQ Point
EVQ Point 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, Matter Energy, Ionage, chargeMOD and Servoteh, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| electricpe.com | 2021 | Bengaluru, India | $11.42M | 137 | Multi-brand electric vehicles are sold with charging services provided. | |
| matterenergy.in | 2019 | Ahmedabad, India | $52.67M | 496 | Mobility, stationary, and customized energy storage products are provided. | |
| ionage.in | 2021 | Bengaluru, India | $971,173 | 27 | Unified EV charging platform is provided for businesses and enterprises. | |
| chargemod.com | 2018 | Thiruvananthapuram, India | $410,061 | – | Intelligent plug-and-play EV charging solutions are provided for various chargers. | |
| servotech.in | 2004 | Delhi, India | – | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | |
| plugzmart.com | 2018 | Chennai, India | $439,680 | – | EV charging stations and infrastructure solutions are offered online. | |
| efillelectric.com | 2019 | Sonipat, India | – | 47 | EV charging station franchises and distribution opportunities are provided. | |
| echargebays.com | 2019 | Delhi, India | $53,094 | 142 | EV charging infrastructure and solutions are developed collaboratively. | |
| verdemobility.com | 2020 | Anand, India | – | 44 | Delivers comprehensive EV charging solutions to support sustainable mobility. | |
| belectriq.co | 2022 | Noida, India | $5.02M | – | Sustainable EV charging solutions are provided for mobility needs. |
Detailed competitors of EVQ Point
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of EVQ Point
The website of EVQ Point (evqpoint.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 15.3% vs previous month
Latest news on Evq Point
Complete news archive for EVQ Point
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to EVQ Point
10 companies that operate in the same segment as EVQ Point (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about EVQ Point
EVQ Point was founded in 2019 and raised its 1st funding round 2 years after it was founded.
EVQ Point is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Latif Ameer is the current CEO of EVQ Point. They have also founded this company.
EVQ Point is a funded company, having raised a total of $728.62K across 1 funding round to date. The company's 1st funding round was a Seed of $728.62K, raised on Sep 2021.
EVQ Point has 19 employees.
The primary company behind EVQ Point, Evqpoint Solutions Private Limited, reported revenue of ₹1.94 Cr for FY 2024, up 9% year on year.
EVQ Point was founded in 2019 in Bengaluru, India, within the electric vehicle charging sector. AC and DC charging stations are designed and developed for light and commercial vehicles, with customizable and white-labeled options available. Safety, reliability, and smart diagnostics are prioritized in the solutions. Compatibility with multiple electric vehicle types and charging protocols is maintained, while both slow and fast charging needs are addressed through the product range.
EVQ Point's top competitors include ElectricPe, PLUGZmart and Matter Energy.
EVQ Point offers 3.3kW AC Station, 30kW DC Smart Wallbox, 7.2kW AC Station, and 40kW DC Smart Wallbox.
EVQ Point has 1 investor. Key investors include Spark Minda.
The valuation of EVQ Point is $2.8M as of Sep 2021.
EVQ Point operates through Evqpoint Solutions Private Limited.