About Evy Energy Systems
Evy Energy Systems is an Energy & Utilities company based in Delhi (India) founded in 2021 by Tushar Bohra, and was acquired by Zemetric in June 2024. Batteries are manufactured by Evy Energy Systems in Delhi, India. Evy Energy Systems has raised $23.87 thousand across 1 funding round from investors including Zemetric, CIIE and Arhyama Farms. The company has 1 employees. Evy Energy Systems was last valued at $595.65 thousand in May 2022. Its Indian entity Evy Energy Private Limited reported revenue of ₹18.2 Lakh. Evy Energy Systems offers products and services including Evy Mobile App and ChargeConnect. Its focus areas include Energy and Energy Storage.
Company details
Evy Energy Systems was established in 2021 and is headquartered in Delhi, India. Operations are centered on the production of batteries within the energy sector. Manufacturing processes are conducted to support energy storage needs, with facilities located in India. The company is led by founder Tushar Bohra, and activities are focused on battery development for regional applications. Expansion in the sector is observed amid growing demand for reliable power solutions.
- Headquarters Delhi, India
- Employees 1
- Founders Tushar Bohra
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website evyenergy.com
- Social LinkedIn Facebook Instagram
- Acquired by Zemetric (Jun 2024)
- Legal Name Evy Energy Private Limited
- Date of Incorporation 11 Mar, 2022
- Jurisdiction Kharchi, Rajasthan, India
Associated legal entities of Evy Energy Systems
Evy Energy Systems operates through Evy Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evy Energy Private Limited CIN U72200RJ2022PTC080136 | Active | 11 Mar 2022 | Kharchi, Rajasthan | ₹0.2 Cr | 2 | View details |
Products & Services of Evy Energy Systems
Evy Energy Systems offers a comprehensive portfolio of products and services, including Evy Mobile App and ChargeConnect.
App for EV owners to discover and access nearby chargepoints.
Software for managing EV charging networks and operations.
Apps and channels of Evy Energy Systems
Evy Energy Systems publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of Evy Energy Systems
Evy Energy Systems has successfully raised a total of $23.87K through 1 strategic funding round. The most recent funding activity was a Seed round of $23.87 thousand completed in May 2022. 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 $23,869
- Total Rounds 1
- Last Round Seed — $23,869
- First Round $23,869
(May 2022)
- Investors Count 4
All 1 funding rounds of Evy Energy Systems 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 |
|---|---|---|---|---|---|
| May 2022 | $23,869 | Seed | $595,654 | CIIE |
Last known valuation $595,654 (May 2022). 5 investors in total: 3 institutional and 2 angel.
Investors in Evy Energy Systems
Evy Energy Systems has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Zemetric, CIIE and Arhyama Farms.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup incubator | ciie.co | Ahmedabad, India | ||
AS Alagu Sundaram Periyannan | unknown_22130709ad5844bf9 | |||
RC Rajagopalan Chandrashekar | unknown_f1d51caf910d4d0e8 | |||
| arhyamafarms.com | ||||
ML-based platform for EV charging and asset maximization is developed. | 2021 | zemetric.com | Pleasanton, United States |
Investor details for Evy Energy Systems
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 Evy Energy Private Limited (Evy Energy Systems)
Evy Energy Private Limited is the primary company behind Evy Energy Systems. The board of Evy Energy Private Limited currently have 2 directors; the longest-serving is Parth Gupta, appointed in 2024. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parth Gupta DIN 08833749 | Whole-time director | 02 Apr 2024 | 2 yrs 7 mo | Evy Energy Private Limited |
| Mohit Jain DIN 09533686 | Director | 15 Jul 2025 | 1 yr 3 mo | Evy Energy Private Limited |
People of Evy Energy Systems
1 people are tracked at Evy Energy Systems (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Evy Energy Systems
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 Evy Energy Systems
Figures of Evy Energy Private Limited, the primary company behind Evy Energy Systems, for FY 2025. Revenue was ₹18.2 Lakh (-41% year on year). Net profit was ₹5.3 Lakh (29% margin). EBITDA was ₹5.5 Lakh (30% margin).
- ₹18.2 LakhRevenue · FY 2025 · -41% YoY
- ₹5.3 LakhNet profit · 29% margin
- ₹5.5 LakhEBITDA · 30% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Evy Energy Private Limited are on its company page.
Detailed financial statements for Evy Energy Systems
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 Evy Energy Systems
3 dated milestones of Evy Energy Systems across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Evy Energy Systems is founded.
- Funding First funding round of $24K.
- Exit Acquired by Zemetric.
Web traffic of Evy Energy Systems
The website of Evy Energy Systems (evyenergy.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 5.2% vs previous month
Top companies in Energy Storage
3 companies that operate in the same segment as Evy Energy Systems (Energy Storage) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Batteries and automotive components are manufactured by Amara Raja Group. | 1985 | Hyderabad, Telangana, India | ||||
Lithium-ion battery packs for EVs and energy storage are manufactured. | 2018 | Noida, Uttar Pradesh, India | USD 1.5 M | USD 31.66 M | 8 | |
Automotive batteries and solar products are manufactured by Livguard. | 2014 | Gurugram, Haryana, India | USD 65.14 M | USD 411.14 M | 1,737 |
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Frequently Asked Questions about Evy Energy Systems
Evy Energy Systems was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Evy Energy Systems is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Evy Energy Systems is a funded company, having raised a total of $23.87K across 1 funding round to date. The company's 1st funding round was a Seed of $23.87K, raised on May 2022.
Evy Energy Systems has 1 employees.
The primary company behind Evy Energy Systems, Evy Energy Private Limited, reported revenue of ₹18.2 Lakh for FY 2025, down 41% year on year.
Evy Energy Systems was established in 2021 and is headquartered in Delhi, India. Operations are centered on the production of batteries within the energy sector. Manufacturing processes are conducted to support energy storage needs, with facilities located in India. The company is led by founder Tushar Bohra, and activities are focused on battery development for regional applications. Expansion in the sector is observed amid growing demand for reliable power solutions.
Evy Energy Systems offers Evy Mobile App and ChargeConnect.
The valuation of Evy Energy Systems is $595.65K as of May 2022.
Evy Energy Systems operates through Evy Energy Private Limited.
Yes. Evy Energy Systems was acquired by Zemetric in June 2024.
The legal entities of Evy Energy Systems currently have 2 directors, including Mohit Jain, Parth Gupta.