Whizz EV

Delhi, India Founded: 2023 • Age: 3 yrs
Electric vehicles are supplied for last-mile delivery operations.
Annual revenue $304,361 Latest available
Total funding $35,282 2 rounds
Employees 32 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Whizz EV

Whizz EV is a company based in Delhi (India) founded in 2023 by Deevik Garg. Whizz EV has raised $35.28 thousand across 2 funding rounds from investors including Startup India and AIC-RNTU. The company has 32 employees as of December 31, 2024. Whizz EV offers products and services including EV Rental Service and Trained Riders Service. Whizz EV operates in a competitive market with competitors including ETO Motors, ZEVO India, Fullfily, Indus Green and Grevol, among others.

  • Headquarter Delhi, India
  • Employees 32 as on 31 Dec, 2024
  • Founders Deevik Garg
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Whizz Ev Mobility Private Limited
  • Date of Incorporation 23 Mar, 2023
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $304.36 K (USD)
    0
    as on Mar 31, 2024
  • Net Profit
    Not available
  • EBITDA
    -$98.94 K (USD)
    0
    as on Mar 31, 2024
  • Total Equity Funding
    $35.28 K (USD)

    in 2 rounds

  • Latest Funding Round
    $35.1 K (USD), Grant

    Dec 28, 2024

  • Investors
  • Employee Count
    32

    as on Dec 31, 2024

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Products & Services of Whizz EV

Whizz EV offers a comprehensive portfolio of products and services, including EV Rental Service and Trained Riders Service.

Product name locked
Category locked
Primary

Offers electric two-wheelers for last-mile delivery operations.

Product name locked
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Provides skilled riders with flexible rental options for businesses.

Funding Insights of Whizz EV

Whizz EV has successfully raised a total of $35.28K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $35.1 thousand completed in December 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 Whizz EV

Whizz EV has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Startup India and AIC-RNTU.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Recognition, funding, and resources are provided to Indian startups.
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Investor details for Whizz EV

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Investments & Acquisitions by Whizz EV

Investments
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Investment portfolio details for Whizz EV

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Financial Statements - Whizz EV

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Detailed financials for Whizz EV

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Whizz Ev Comparisons

Whizz EV Primary company
Description
Electric vehicles are supplied for last-mile delivery operat...
Location
Delhi, India
Founded Year
2023
Annual Revenue
$304.36 K (USD)
Net Profit
Not available
EBITDA
-$98.94 K (USD)
Employees
32
As of 2024
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Peer comparison for Whizz EV

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Competitors of Whizz EV

Whizz EV 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, Indus Green and Grevol, among others.

Company Name Domain Founded year HQ Location Description
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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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Provider of fleet solutions promoting sustainable practices and driving positive change
Locked Locked Locked
Electric cargo vehicles are supplied for parcel delivery fleets.
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Detailed competitors of Whizz EV

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Latest news on Whizz Ev

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Complete news archive for Whizz EV

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Frequently Asked Questions about Whizz EV

Whizz EV was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Whizz EV is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Whizz EV is a funded company, having raised a total of $35.28K across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Whizz EV is 32.

Annual revenue of Whizz EV is $304.36K as on Mar 31, 2024.

Whizz EV was founded in 2023 in Delhi, India, within the electric mobility sector. Transportation solutions are offered to e-commerce and last-mile delivery businesses through electric two-wheelers. Sustainable options for delivery operations are emphasized, including rental services for full-time and part-time riders partnered with delivery firms. Operations focus on urban logistics in India.

Whizz EV's top competitors include ETO Motors, ZEVO India and Fullfily.

Whizz EV offers EV Rental Service and Trained Riders Service.

Whizz EV has 2 investors. Key investors include Startup India, and AIC-RNTU.

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