About Grevol
Grevol is a company based in Delhi (India) founded in 2019 by Rakesh Gupta and Jayant Gupta. Grevol has raised $272.5 thousand across 1 funding round from investors including Krypton Industries. Grevol offers products and services including Electric Vehicles and Lithium Battery Packs. Grevol operates in a competitive market with competitors including ETO Motors, ZEVO India, Fullfily, Whizz EV and Indus Green, among others.
- Headquarter Delhi, India
- Founders Rakesh Gupta, Jayant Gupta
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Green Evolve Private Limited
- Date of Incorporation 22 Jan, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$556.73 K (USD)10944.41as on Mar 31, 2023
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Net Profit
-$3.92 K (USD)96.56as on Mar 31, 2023
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EBITDA
-$45.08 K (USD)55.61as on Mar 31, 2023
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Total Equity Funding
$272.5 K (USD)
in 1 rounds
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Latest Funding Round
$272.5 K (USD), Seed
Sep 01, 2020
- Investors
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Employee Count
Not available
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Products & Services of Grevol
Grevol offers a comprehensive portfolio of products and services, including Electric Vehicles and Lithium Battery Packs.
L5 electric vehicles designed for urban logistics and fleet operations.
Battery packs with active thermal management for electric vehicles.
Funding Insights of Grevol
Grevol has successfully raised a total of $272.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $272.5 thousand completed in September 2020. 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 Grevol
Grevol has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Krypton Industries.
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Polyurethane tyres, wheels, footwear, wheelchairs, and rehab equipment are manufactured.
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Investor details for Grevol
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Investments & Acquisitions by Grevol
Investment portfolio details for Grevol
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Financial Statements - Grevol
Detailed financials for Grevol
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Grevol Comparisons
Peer comparison for Grevol
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Competitors of Grevol
Grevol 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 ETO Motors, ZEVO India, Fullfily, Whizz EV and Indus Green, among others.
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Online platform offering electric vehicles and fleet management solutions
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End-to-end EV supply chain solutions are delivered via a platform.
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Electric delivery vehicles are rented via an online platform.
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Electric vehicles are supplied for last-mile delivery operations.
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Provider of fleet solutions promoting sustainable practices and driving positive change
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Detailed competitors of Grevol
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Latest news on Grevol
Complete news archive for Grevol
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Frequently Asked Questions about Grevol
Grevol was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Grevol is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Jayant Gupta is the current CEO of Grevol. They have also founded this company.
Grevol is a funded company, having raised a total of $272.5K across 1 funding round to date.
Annual revenue of Grevol is $556.73K as on Mar 31, 2023.
Grevol was established in 2019 in Delhi, India, as a provider of electric cargo vehicles tailored for parcel delivery. These vehicles are integrated with fleet networks to support operations in the logistics sector. Key functionalities include vehicle performance analysis, EV telematics, ride statistics, driver behavior evaluation, fleet monitoring, and remote tracking capabilities. The focus remains on enhancing delivery efficiency through connected technology.
Grevol's top competitors include ETO Motors, ZEVO India and Fullfily.
Grevol offers Electric Vehicles and Lithium Battery Packs.
Grevol has 1 investor. Key investors include Krypton Industries.
The valuation of Grevol is $1.36M as of Sep 2020.