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.
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 |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - EVQ Point | 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.
| Investor | Description | Founded Year | Domain | Location |
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Manufacturer and supplier of automotive components
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Founded Year | Domain | Location |
Investments & Acquisitions by EVQ Point
Financial Statements - EVQ Point
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.
| 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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Latest news on Evq Point
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 01, 2021.
As of Mar 30, 2024, the latest employee count at EVQ Point is 19.
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.