About MyEvPlus
MyEvPlus is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2022 by Prashaant Jain and Harsh Chaturvedi. It operates an online ride-hailing platform with an electric fleet. It operates on a B2C model. Its Indian entity Passion International Private Limited reported revenue of ₹1.29 Cr. Its focus areas include Transportation, Ride-Hailing, Electric Vehicles and Online Platforms. Its competitors include BluSmart, Snap-E Cabs, Evera Cabs, Eprakriti and Cab-eez and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
MyEvPlus operates with a B2C model, focusing on providing transportation services, ride-hailing, developing electric vehicles, and online platforms. Operates an online ride-hailing platform with an electric fleet. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Delhi, India
- Founders Prashaant Jain, Harsh Chaturvedi
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website myevplus.com
- Social LinkedIn X Facebook Instagram
- Legal Name Passion International Private Limited
- Date of Incorporation 25 May, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.29 Cr
FY 2024 · +68% YoY
- Net Loss-₹1.23 Cr
FY 2024 · -95% margin
- EBITDA-₹75.3 Lakh
FY 2024 · -58% margin
Associated legal entities of MyEvPlus
MyEvPlus operates through Passion International Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Passion International Private Limited CIN U50100DL2018PTC334494 | Active | 25 May 2018 | New Delhi, Delhi | ₹1.3 Cr | 35 | 3 | View details |
Board of directors of Passion International Private Limited (MyEvPlus)
Passion International Private Limited is the primary company behind MyEvPlus. The board of Passion International Private Limited currently have 3 directors; the longest-serving is Prashaant Jain, appointed in 2018. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashaant Jain DIN 01146792 | Director | 25 May 2018 | 8 yrs 4 mo | Passion International Private Limited |
| Prateek Jain DIN 00193842 | Additional Director | 01 Jul 2022 | 4 yrs 3 mo | Passion International Private Limited |
| Neeraj Kumar DIN 06393984 | Director | 29 Nov 2024 | 1 yr 10 mo | Passion International Private Limited |
People of MyEvPlus
2 people are tracked at MyEvPlus (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for MyEvPlus
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Financials of MyEvPlus
Figures of Passion International Private Limited, the primary company behind MyEvPlus, for FY 2024. Revenue was ₹1.29 Cr (+68% year on year). Net loss was -₹1.23 Cr (-95% margin). EBITDA was -₹75.3 Lakh (-58% margin). Revenue has grown at a compounded annual rate of +205% over five years.
- ₹1.29 CrRevenue · FY 2024 · +68% YoY
- -₹1.23 CrNet loss · -95% margin
- -₹75.3 LakhEBITDA · -58% margin
- ₹1.5 LakhPaid-up capital
- 35Employees (provident fund records)
- +205%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Passion International Private Limited are on its company page.
Detailed financial statements for MyEvPlus
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Competitors of MyEvPlus
MyEvPlus has 8 listed competitors in our database, 7 of them funded. They include BluSmart, Snap-E Cabs, Evera Cabs, Eprakriti and Cab-eez, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blu-smart.com | 2019 | Mumbai, India | $167.59M | 613 | Electric ride-hailing and cab services are provided via mobile app. | |
| snapecabs.com | 2021 | Kolkata, India | $5M | 3,246 | Electric cab services are provided via an app-based booking platform. | |
| everacabs.com | 2019 | Delhi, India | $14M | 27 | Provider of an all-electric cab service | |
| eprakriti.com | 2019 | Delhi, India | $3.11M | 25 | Electric car rentals and charging stations are provided by Eprakriti. | |
| cabecars.in | 2019 | Mumbai, India | $6.26M | 21 | Operator of a technology platform providing all-electric vehicle cab booking services | |
| malbork.in | 2018 | Bengaluru, India | $722,787 | – | Electric taxi-hailing services are facilitated via a mobile app platform. | |
| evcityride.com | 2020 | Dehradun, India | – | 5 | Offers electric cabs, rentals, and leasing for eco-friendly travel in Uttarakhand. | |
| hailcabs.in | 2022 | Hyderabad, India | $305,200 | – | Electric taxis are booked via an online platform by users. |
Detailed competitors of MyEvPlus
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Top companies in Two Wheeler Rental Services
10 companies that operate in the same segment as MyEvPlus (Two Wheeler Rental Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | – | USD 1.94 B | – | |
Operates a free-float bicycle rental platform for urban mobility. | 2014 | Beijing, Beijing, China | USD 1.87 B | – | 437 | |
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | – | USD 83.25 M | 100 | |
E-bike rental services are provided for delivery workers by Whizz. | 2022 | New York, New York, United States | USD 15.4 M | – | – | |
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Manufactures electric two-wheelers and three-wheelers for personal and commercial use in India. | 1980 | Delhi, Delhi, India | – | USD 44.57 M | 272 | |
Produces electric scooters and bikes for eco-friendly transportation solutions. | 2016 | Nashik, Maharashtra, India | – | USD 11.43 M | 21 | |
Manufactures electric rickshaws and two-wheelers for sustainable transportation in India. | 2011 | Delhi, Delhi, India | – | USD 46.34 M | 85 | |
Provides online on-demand motorbike rental services for convenient urban mobility. | 2015 | Hyderabad, Telangana, India | USD 673.64 K | USD 282.23 K | 15 | |
Offers a platform for aggregating local and outstation cab services. | 2008 | Dehradun, Uttarakhand, India | – | – | – |
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Related news about Myevplus
Complete news archive for MyEvPlus
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Frequently Asked Questions about MyEvPlus
MyEvPlus was founded in 2022.
MyEvPlus is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind MyEvPlus, Passion International Private Limited, reported revenue of ₹1.29 Cr for FY 2024, up 68% year on year.
MyEvPlus operates with a B2C model, focusing on providing transportation services, ride-hailing, developing electric vehicles, and online platforms. Operates an online ride-hailing platform with an electric fleet. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
MyEvPlus's top competitors include BluSmart, Snap-E Cabs and Evera Cabs.
MyEvPlus operates through Passion International Private Limited.
The legal entities of MyEvPlus currently have 3 directors, including Prashaant Jain, Prateek Jain, Neeraj Kumar.