ZEVO India

Delhi, India Founded: 2022 • Age: 4 yrs Minicorn
End-to-end EV supply chain solutions are delivered via a platform.

About ZEVO India

ZEVO India is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2022 by Aditya Singh Ratnu and Dhruv Bhatia. End-to-end EV supply chain solutions are delivered via a platform. ZEVO India has raised $3.2 million across 3 funding rounds from investors including Agility, BizdateUp and Pegasus FinInvest. The company has 1 employees. ZEVO India was last valued at $7.59 million in July 2023. Its chief executive, as recorded, is Aditya Singh Ratnu. Its Indian entity Reinvent Agrochain Private Limited reported revenue of β‚Ή4.19 Cr. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Three Wheelers. Its competitors include ETO Motors, Fullfily and SmartE; 3 of its 3 listed competitors have raised funding.

Company details

ZEVO India was established in 2022 in Delhi, India, as a platform for EV supply chain services. The supply chain network is electrified, encompassing first-mile procurement, last-mile delivery, temperature-controlled logistics, forward and reverse operations, and agricultural supply chains. Solutions include EV charging infrastructure, SaaS tools, IoT-enabled vehicles, and applications for managing electric fleets. Operations focus on logistics and electrification within the EV sector.

  • Headquarters Delhi, India
  • Employees 1
  • Founders Aditya Singh Ratnu, Dhruv Bhatia
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website zevoindia.in
  • Social LinkedIn
  • Legal Name Reinvent Agrochain Private Limited
  • Date of Incorporation 14 Feb, 2022
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹4.19 Cr

    FY 2024 · +73987% YoY

  • Net Loss
    -₹4.42 Cr

    FY 2024 · -105% margin

  • EBITDA
    -₹4.07 Cr

    FY 2024 · -97% margin

  • Total Equity Funding
    $3.2M (USD)

    in 3 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Oct 2024

  • Investors
    Agility

    & 7 more

  • Employee Count
    1

Funding Insights of ZEVO India

ZEVO India has successfully raised a total of $3.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in October 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.

  • Total Funding $3.2M
  • Total Rounds 3
  • Last Round Seed β€” $2M
  • First Round $516,916

    (Jul 2023)

  • Investors Count 8

All 3 funding rounds of ZEVO India with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$2MSeed–Pegasus
Jul 2024$683,871Seed––
Jul 2023$516,916Seed$7.59MAgility
Valuation history
DateValuationStage
Jul 2023$7.59Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $7.59M (Jul 2023). 8 investors in total: 8 institutional.

Investors in ZEVO India

ZEVO India has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Agility, BizdateUp and Pegasus FinInvest.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage investments are targeted at healthcare, fintech, and education sectors.
pegasusfininvest.comMumbai, India
Angel Investment platform which connects investors to curated startup investment opportunities
2020bizdateup.comMumbai, India
Multiple sectors are incubated by the foundation in Mumbai, India.
jitojiif.comMumbai, India
Private equity firm focused on logistics, transportation, industrial real estate, and technologies
1979agility.comKhemisset, Morocco
A venture capital firm based in Chennai, India, is operated.
navyugglobal.comChennai, India
D.M. Metalloys is engaged in supplying stainless steel products.
1974dmmetals.comMumbai, India
yashsharesandstock.tcc.mode
abhishekbikes.tcc.mode
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Investor details for ZEVO India

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Board of directors of Reinvent Agrochain Private Limited (ZEVO India)

Reinvent Agrochain Private Limited is the primary company behind ZEVO India. The board of Reinvent Agrochain Private Limited currently have 3 directors; the longest-serving is Aditya Singh Ratnu, appointed in 2022. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Aditya Singh Ratnu
DIN 09504989
Managing Director14 Feb 20224 yrs 8 moReinvent Agrochain Private Limited
Dhruv Bhatia
DIN 10071944
Whole-time director14 Mar 20233 yrs 7 moReinvent Agrochain Private Limited
Sachin Jain
DIN 10039882
Additional Director17 Jun 20251 yr 4 moReinvent Agrochain Private Limited

People of ZEVO India

4 people are tracked at ZEVO India (3 in leadership, 1 in team); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & COOLeadership
Naman Malhotra
Head Of OperationsLeadership
Somesh Sharma
New Business DevelopmentTeam
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Complete people profiles for ZEVO India

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Financials of ZEVO India

Figures of Reinvent Agrochain Private Limited, the primary company behind ZEVO India, for FY 2024. Revenue was ₹4.19 Cr (+73987% year on year). Net loss was -₹4.42 Cr (-105% margin). EBITDA was -₹4.07 Cr (-97% margin).

  • ₹4.19 CrRevenue · FY 2024 · +73987% YoY
  • -₹4.42 CrNet loss · -105% margin
  • -₹4.07 CrEBITDA · -97% margin
  • ₹1.4 LakhPaid-up capital
  • 82Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Reinvent Agrochain Private Limited are on its company page.

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Detailed financial statements for ZEVO India

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Timeline of ZEVO India

4 dated milestones of ZEVO India across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded ZEVO India is founded.
  2. Funding First funding round of $517K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $2.0M.

Competitors of ZEVO India

ZEVO India has 3 listed competitors in our database, 3 of them funded. They include ETO Motors, Fullfily and SmartE.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
etomotors.com2018Hyderabad, India$15.2M109
Online platform offering electric vehicles and fleet management solutions
fullfily.com2021Chennai, India$1.78M79
Electric delivery vehicles are rented via an online platform.
getsmarte.in2015Delhi, India$21.73M5
Online platform offering electric three‑wheeler ride-hailing and shared rides services
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Detailed competitors of ZEVO India

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Web traffic of ZEVO India

The website of ZEVO India (zevoindia.in) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▼ 0.8% vs previous month

Similar websites

Websites whose visitors overlap most with ZEVO India. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gofuel.in
100%
1.4K#11,024,828View details
mgsurat.co.in
mgsurat.co.in
92%
#2,811,564–

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as ZEVO India (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Related news about Zevo India

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Frequently Asked Questions about ZEVO India

ZEVO India was founded in 2022 and raised its 1st funding round 1 year after it was founded.

ZEVO India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Aditya Singh Ratnu is the CEO of ZEVO India, as recorded in our data. They have also founded this company.

ZEVO India is a funded company, having raised a total of $3.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $516.92K, raised on Jul 2023.

ZEVO India has 1 employees.

The primary company behind ZEVO India, Reinvent Agrochain Private Limited, reported revenue of β‚Ή4.19 Cr for FY 2024, up 73987% year on year.

ZEVO India was established in 2022 in Delhi, India, as a platform for EV supply chain services. The supply chain network is electrified, encompassing first-mile procurement, last-mile delivery, temperature-controlled logistics, forward and reverse operations, and agricultural supply chains. Solutions include EV charging infrastructure, SaaS tools, IoT-enabled vehicles, and applications for managing electric fleets. Operations focus on logistics and electrification within the EV sector.

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

ZEVO India has 8 investors. Key investors include Agility, BizdateUp, Pegasus FinInvest, JITO Incubation & Innovation Foundation, and Yash Shares And Stock.

The valuation of ZEVO India is $7.59M as of Jul 2023.

ZEVO India operates through Reinvent Agrochain Private Limited.

The legal entities of ZEVO India currently have 3 directors, including Aditya Singh Ratnu, Dhruv Bhatia, Sachin Jain.

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