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 as of March 30, 2024. 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 as on 30 Mar, 2024
- Founders Latif Ameer
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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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 Evqpoint Solutions Private Limited
- Date of Incorporation 16 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$728.62 K (USD)
in 1 rounds
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Latest Funding Round
$728.62 K (USD), Seed
Sep 01, 2021
- Investors
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Employee Count
19
as on Mar 30, 2024
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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. 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.
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 Total Funding
- Total Rounds 1
- Last Round Seed — $728,621
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First Round
First Round
(01 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Seed - EVQ Point | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 EVQ Point
EVQ Point has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Spark Minda. 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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Manufacturer and supplier of automotive components
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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 EVQ Point
| 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 - EVQ Point
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Evq Point Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Multi-brand electric vehicles are sold with charging services provided.
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| domain | founded_year | HQ Location |
Mobility, stationary, and customized energy storage products are provided.
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| domain | founded_year | HQ Location |
Unified EV charging platform is provided for businesses and enterprises.
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| domain | founded_year | HQ Location |
Intelligent plug-and-play EV charging solutions are provided for various chargers.
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| domain | founded_year | HQ Location |
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
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| domain | founded_year | HQ Location |
EV charging stations and infrastructure solutions are offered online.
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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 EVQ Point
When was EVQ Point founded?
EVQ Point was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is EVQ Point located?
EVQ Point is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of EVQ Point?
Latif Ameer is the current CEO of EVQ Point. They have also founded this company.
Is EVQ Point a funded 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 01, 2021.
How many employees does EVQ Point have?
As of Mar 30, 2024, the latest employee count at EVQ Point is 19.
What does EVQ Point do?
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.
Who are the top competitors of EVQ Point?
EVQ Point's top competitors include ElectricPe, PLUGZmart and Matter Energy.
What products or services does EVQ Point offer?
EVQ Point offers 3.3kW AC Station, 30kW DC Smart Wallbox, 7.2kW AC Station, and 40kW DC Smart Wallbox.
Who are EVQ Point's investors?
EVQ Point has 1 investor. Key investors include Spark Minda.
What is EVQ Point's valuation?
The valuation of EVQ Point is $2.8M as of Sep 2021.