About TriEV
TriEV is a company based in Varanasi (India) founded in 2022 by Vaibhav Sharma and Gagan Saxena.. TriEV has raised $21.64 thousand across 1 funding round from investors including Parul Srivastava. The company has 1 employees as of April 01, 2024. TriEV offers products and services including EV Subscription Plans and EV on Rent. TriEV operates in a competitive market with competitors including Baaz, Trueno, VA-YU, eleRide and ionplus, among others.
- Headquarter Varanasi, India
- Employees 1 as on 01 Apr, 2024
- Founders Vaibhav Sharma, Gagan Saxena
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Nisarga Eco Products Private Limited
- Date of Incorporation 22 Oct, 2020
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-8.46 K (USD)-3060021.74as on Mar 31, 2023
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EBITDA
$-8.46 K (USD)-3060021.74as on Mar 31, 2023
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Total Equity Funding
$21.64 K (USD)
in 1 rounds
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Latest Funding Round
$21.64 K (USD), Angel Round
Aug 21, 2023
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Investors
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Employee Count
1
as on Apr 01, 2024
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Products & Services of TriEV
TriEV offers a comprehensive portfolio of products and services, including EV Subscription Plans and EV on Rent. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Subscription service for electric vehicles to cut fuel costs and emissions.
Rental of electric vehicles for personal and corporate green travel needs.
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Funding Insights of TriEV
TriEV has successfully raised a total of $21.64K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $21.64 thousand completed in August 2023. 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $21,638
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First Round
First Round
(21 Aug 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Angel Round - TriEV | Valuation | Parul Srivastava |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TriEV
TriEV has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Parul Srivastava. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PS
Parul Srivastava |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TriEV
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TriEV
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Triev Comparisons
Competitors of TriEV
TriEV 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 Baaz, Trueno, VA-YU, eleRide and ionplus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering electric scooters for deliveries
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| domain | founded_year | HQ Location |
Electric scooter subscriptions are offered through an app-based platform.
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| domain | founded_year | HQ Location |
Operates an online platform for e-scooter rentals, providing convenient urban mobility solutions.
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| domain | founded_year | HQ Location |
Provides electric vehicle rentals and subscriptions for individuals and businesses.
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| domain | founded_year | HQ Location |
Operates an app-based platform for electric scooter rentals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about TriEV
When was TriEV founded?
TriEV was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is TriEV located?
TriEV is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
Is TriEV a funded company?
TriEV is a funded company, having raised a total of $21.64K across 1 funding round to date. The company's 1st funding round was a Angel Round of $21.64K, raised on Aug 21, 2023.
How many employees does TriEV have?
As of Apr 01, 2024, the latest employee count at TriEV is 1.
What does TriEV do?
Electric vehicle subscription platform. Users can rent vehicles through the platform by providing location, user details, payment details, preferred plans, and more.
What products or services does TriEV offer?
TriEV offers EV Subscription Plans and EV on Rent.
Who are TriEV's investors?
TriEV has 1 investor. Key investors include Parul Srivastava.