EVRE

Hyderabad, India Founded: 2017 • Age: 9 yrs
Electric vehicle charging solutions are offered via an integrated platform.
Annual revenue $1.3M Latest available
Total funding $4.8M 6 rounds
Employees 78 Tracked headcount
Investors 29 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About EVRE

EVRE is a company based in Hyderabad (India) founded in 2017 by Krishna K Jasti and Chandresh Sethia. It operates as a Product-as-a-Service and Mobility-as-a-Service. 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 as of July 09, 2024. EVRE offers products and services including AC Charger Halo, DC Fast Charger Sonic, and DC Superfast Charger Super Sonic. EVRE operates in a competitive market with competitors including ChargePoint, Bolt.Earth, Charge Zone, ChargeNet Holdings and Charzer, among others.

  • Headquarter Hyderabad, India
  • Employees 78 as on 09 Jul, 2024
  • Founders Krishna K Jasti, Chandresh Sethia
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Amplify Mobility Pvt. Ltd.
  • Date of Incorporation 01 Jun, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.3 M (USD)
    282.1
    as on Mar 31, 2023
  • Net Profit
    -$677.83 K (USD)
    -44.53
    as on Mar 31, 2023
  • EBITDA
    -$617.17 K (USD)
    -62.81
    as on Mar 31, 2023
  • Total Equity Funding
    $4.81 M (USD)

    in 6 rounds

  • Latest Funding Round
    $1.57 M (USD), Series A

    Feb 05, 2024

  • Investors
    ACKO

    & 28 more

  • Employee Count
    78

    as on Jul 09, 2024

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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.

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Primary

AC Charger Halo is provided for EV charging needs.

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DC Fast Charger Sonic is offered for rapid charging.

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are directed by the firm toward multiple sectors.
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Investor details for EVRE

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  • Investor domains
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Investments & Acquisitions by EVRE

Investments
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Investment portfolio details for EVRE

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - EVRE

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Detailed financials for EVRE

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  • Profit trends
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Evre Comparisons

EVRE Primary company
Description
Electric vehicle charging solutions are offered via an integ...
Location
Hyderabad, India
Founded Year
2017
Annual Revenue
$1.3 M (USD)
Net Profit
-$677.83 K (USD)
EBITDA
-$617.17 K (USD)
Employees
78
As of 2024
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Peer comparison for EVRE

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Competitors of EVRE

EVRE 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 ChargePoint, Bolt.Earth, Charge Zone, ChargeNet Holdings and Charzer, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-enabled EV charging stations are operated for diverse sectors.
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EV charging hardware, software, and maintenance services are offered.
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Electric vehicle charging stations and management software are provided.
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SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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Provider of end-to-end EV charging management solutions
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Detailed competitors of EVRE

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  • Domains and locations
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Latest news on Evre

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Complete news archive for EVRE

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  • Source and publication date
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  • Brand-specific news history

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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 current CEO of EVRE. They have also founded this company.

EVRE is a funded company, having raised a total of $4.81M across 6 funding rounds to date.

As of Jul 09, 2024, the latest employee count at EVRE is 78.

Annual revenue of EVRE is $1.3M as on Mar 31, 2023.

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, ChargePoint and Charge Zone.

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.

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