EV Logistics Startup, Evify Raises $1,00,000 In Seed Round Led By We Founder Circle

The company plans to have a fleet of 2000 vehicles by the end of March 2023.

Evify, an EV logistics Startup located in Surat, has raised $100k in a seed round led by We Founder Circle. The round also witnessed participation from an array of esteemed angel investors. 

Evify says that this investment round's proceeds will primarily be used for the expansion of the company's operations, and team building. A part of the freshly raised investment will also be directed towards technological development.

All of the nation's e-commerce behemoths will now be able to avail of the end-to-end services from Evify that are based on green logistics. The logistics division of Evify, known as Eveeto, solely uses electric vehicles (EVs) for deliveries. By including Geofencing, customized BMS, telematics, client analytics, and driver & fleet management, Evify intends to expand the scope of its platform. Up till June 2022, the platform has tracked over 70,000 green deliveries and over 3,80,000 green kilometers.

Evify has entered into a number of significant relationships this year with several global industry titans. This includes the company's affiliations with Hero Electric, BigBasket, and Swiggy. In Surat, Gujarat, Evify and Swiggy have teamed up to deliver food orders using EVs.

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