About EVRE
EVRE is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2017 by Krishna K Jasti and Chandresh Sethia. Electric vehicle charging solutions are offered via an integrated platform. It operates on a Product-as-a-Service and Mobility-as-a-Service model in Transportation, Automotive & Logistics and Energy & Utilities sectors. EVRE has raised $4.81 million across 6 funding rounds from investors including ACKO, CreedCap Asia Advisors and Josh Technology Group. The company has 78 employees. EVRE was last valued at $17.2 million in February 2024. Its chief executive, as recorded, is Krishna K Jasti. Its Indian entity Amplify Cleantech Solutions Private Limited reported revenue of ₹15.35 Cr. EVRE offers products and services including AC Charger Halo, DC Fast Charger Sonic, and DC Superfast Charger Super Sonic. Its focus areas include Energy, Renewable Energy and Electric Vehicle Infrastructure. Its competitors include Bolt.Earth, Charge Zone and Charzer; 3 of its 3 listed competitors have raised funding.
Company details
EV charging solutions are developed and offered by EVRE for diverse sectors including builders, charge point operators, EV fleets, OEMs, businesses, and government entities. Comprehensive infrastructure solutions are provided, covering electrical and civil works, operation, and maintenance. Customized chargers with advanced features like automated authentication and app-based insights are designed to support sustainable mobility. Efforts are focused on combating global warming and fostering clean energy adoption through innovative technology and end-to-end capabilities.
- Headquarters Hyderabad, India
- Employees 78
- Founders Krishna K Jasti, Chandresh Sethia
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website evre.in
- Social LinkedIn X Facebook Instagram
- Legal Name Amplify Mobility Pvt. Ltd.
- Date of Incorporation 01 Jun, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹15.35 Cr
FY 2025 · +1% YoY
- Net Loss-₹6.31 Cr
FY 2025 · -41% margin
- EBITDA-₹1.76 Cr
FY 2025 · -11% margin
- Total Equity Funding$4.81M (USD)
in 6 rounds
- Latest Funding Round$1.57M (USD), Series A
Feb 2024
- InvestorsACKO
& 28 more
- Employee Count78
Associated legal entities of EVRE
EVRE is associated with 3 registered companies on The Company Check; the primary company is Amplify Cleantech Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Amplify Cleantech Solutions Private Limited CIN U74999KA2017PTC103527 | Active | 01 Jun 2017 | Bangalore, Karnataka | ₹15.4 Cr | 78 | 2 | View details |
| Shiva Nandi Ventures Llp CIN AAO-0287 | Active | 15 Jan 2019 | Bangalore, Karnataka | 2 | View details | ||
| Evlaunch E-Charge India Private Limited CIN U74999KA2018PTC118564 | Strike Off | 15 Nov 2018 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Products & Services of EVRE
EVRE offers a comprehensive portfolio of products and services, including AC Charger Halo, DC Fast Charger Sonic, and DC Superfast Charger Super Sonic.
AC Charger Halo is provided for EV charging needs.
DC Fast Charger Sonic is offered for rapid charging.
Super Sonic Charger is designed for ultra-fast EV charging.
Funding Insights of EVRE
EVRE has successfully raised a total of $4.81M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.57 million completed in February 2024. 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 $4.81M
- Total Rounds 6
- Last Round Series A — $1.57M
- First Round $67,130
(Mar 2020)
- Investors Count 29
All 6 funding rounds of EVRE 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 |
|---|---|---|---|---|---|
| Feb 2024 | $1.57M | Series A | $17.2M | – | |
| Apr 2023 | $1M | Series A | $15.55M | Banyan Tree Facilities, VVAG Partners | – |
| Jul 2022 | $575,929 | Seed | $••••• | – | |
| Dec 2021 | $1.53M | Seed | $••••• | ACKO, CreedCap Asia Advisors | |
| Mar 2021 | $68,608 | Angel Round | $••••• | Jakamputi Nithin Kumar | – |
| Mar 2020 | $67,130 | Angel Round | $••••• | Revathi Manjunath | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $17.2M | •••••••• |
| Apr 2023 | $15.55M | •••••••• |
| Jul 2022 | $••••• | •••••••• |
| Dec 2021 | $••••• | •••••••• |
| Mar 2020 | $••••• | •••••••• |
Full valuation and stage history of EVRE
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $17.2M (Feb 2024). 29 investors in total: 13 institutional and 16 angel.
Investors in EVRE
EVRE has secured backing from 29 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include ACKO, CreedCap Asia Advisors and Josh Technology Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed by the firm toward multiple sectors. | balajiaurainfracon.tcc.mode | Ahmedabad, India | ||
| desertedgeventures.tcc.mode | ||||
| banyantreefacilities.tcc.mode | ||||
| vvagpartners.tcc.mode | ||||
Operates as an authorized dealership for Toyota passenger vehicles. | 2009 | palacetoyota.com | Mysore, India | |
Diversified management consulting services are provided from Chennai, India. | heliosholdings.tcc.mode | Chennai, India | ||
| fifteenadvisory.tcc.mode | ||||
Develops applications and upgrades tech for healthcare, transport, and e-commerce sectors. | 2009 | joshtechnologygroup.com | Gurugram, India | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | acko.com | Bengaluru, India | |
Small & middle market focused boutique investment bank | 2010 | creedcapasia.com | Bengaluru, India |
Investor details for EVRE
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Board of directors of Amplify Cleantech Solutions Private Limited (EVRE)
Amplify Cleantech Solutions Private Limited is the primary company behind EVRE. The boards of the 3 registered companies of EVRE currently have 5 directors; the longest-serving is Jasti Krishna Karthik, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jasti Krishna Karthik DIN 07678898 | Director | 01 Jun 2017 | 9 yrs 4 mo | Amplify Cleantech Solutions Private Limited, Evlaunch E-Charge India Private Limited |
| Manoharan Chandrukumar DIN 06406330 | Director | 15 Nov 2018 | 7 yrs 11 mo | Evlaunch E-Charge India Private Limited |
| Anjanappa Sunil DIN 08331468 | Designated Partner | 15 Jan 2019 | 7 yrs 9 mo | Shiva Nandi Ventures Llp |
| Ramakrishanagowda Aswini DIN 08331469 | Designated Partner | 15 Jan 2019 | 7 yrs 9 mo | Shiva Nandi Ventures Llp |
| Rajashree Jasti DIN 07678909 | Additional Director | 15 Feb 2026 | 8 mo | Amplify Cleantech Solutions Private Limited |
People of EVRE
2 people are tracked at EVRE (2 in leadership); the tracked headcount is 78.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Chandresh Sethia | Co-Founder & CBO | Leadership |
Complete people profiles for EVRE
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Financials of EVRE
Figures of Amplify Cleantech Solutions Private Limited, the primary company behind EVRE, for FY 2025. Revenue was ₹15.35 Cr (+1% year on year). Net loss was -₹6.31 Cr (-41% margin). EBITDA was -₹1.76 Cr (-11% margin). Revenue has grown at a compounded annual rate of +76% over three years and +140% over five years.
- ₹15.35 CrRevenue · FY 2025 · +1% YoY
- -₹6.31 CrNet loss · -41% margin
- -₹1.76 CrEBITDA · -11% margin
- ₹47 LakhPaid-up capital
- 78Employees (provident fund records)
- +76%Revenue CAGR, 3 years
- +140%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Amplify Cleantech Solutions Private Limited are on its company page.
Detailed financial statements for EVRE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of EVRE
4 dated milestones of EVRE across 7 years, from founding to its latest funding, stage changes and deals.
- Founded EVRE is founded.
- Funding First funding round of $67K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.6M.
Competitors of EVRE
EVRE has 3 listed competitors in our database, 3 of them funded. They include Bolt.Earth, Charge Zone and Charzer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bolt.earth | 2017 | Bengaluru, India | $29.61M | 134 | EV charging hardware, software, and maintenance services are offered. | |
| chargezone.co.in | 2018 | Vadodara, India | $97.79M | 142 | Electric vehicle charging stations and management software are provided. | |
| charzer.com | 2020 | Bengaluru, India | $410,773 | 6 | Provider of end-to-end EV charging management solutions |
Detailed competitors of EVRE
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Web traffic of EVRE
The website of EVRE (evre.in) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 2.1% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as EVRE (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 502.02 M | USD 391.37 M | 1,917 |
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Related news about Evre
Complete news archive for EVRE
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Frequently Asked Questions about EVRE
EVRE was founded in 2017 and raised its 1st funding round 3 years after it was founded.
EVRE is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Krishna K Jasti is the CEO of EVRE, as recorded in our data. They have also founded this company.
EVRE is a funded company, having raised a total of $4.81M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $67.13K, raised on Mar 2020.
EVRE has 78 employees.
The primary company behind EVRE, Amplify Cleantech Solutions Private Limited, reported revenue of ₹15.35 Cr for FY 2025, up 1% year on year.
EV charging solutions are developed and offered by EVRE for diverse sectors including builders, charge point operators, EV fleets, OEMs, businesses, and government entities. Comprehensive infrastructure solutions are provided, covering electrical and civil works, operation, and maintenance. Customized chargers with advanced features like automated authentication and app-based insights are designed to support sustainable mobility. Efforts are focused on combating global warming and fostering clean energy adoption through innovative technology and end-to-end capabilities.
EVRE's top competitors include Bolt.Earth, Charge Zone and Charzer.
EVRE offers AC Charger Halo, DC Fast Charger Sonic, and DC Superfast Charger Super Sonic.
EVRE has 29 investors. Key investors include ACKO, CreedCap Asia Advisors, Josh Technology Group, Jakamputi Nithin Kumar, and Krishna K Jasti.
The valuation of EVRE is $17.2M as of Feb 2024.
EVRE is associated with 3 legal entities: Amplify Cleantech Solutions Private Limited, Shiva Nandi Ventures Llp, Evlaunch E-Charge India Private Limited.