EVeez
EVeez (TravelTech Experiences Pvt. Ltd.) provides all-inclusive electric two-wheeler subscriptions to India's gig workers and delivery enterprises, bundling service, insurance, IoT telematics, and battery-swapping across tier I/II cities.
- Company typePrivate
- Founded2020
- HeadquartersGurugram, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What EVeez does
EVeez is an India-based electric vehicle subscription platform that delivers electric two-wheelers (eBikes) to gig workers and enterprise fleet operators in the last-mile delivery sector, eliminating upfront vehicle ownership costs through all-inclusive monthly subscriptions. Operated as a brand of TravelTech Experiences Pvt. Ltd. and headquartered in Gurugram, the company offers five tiered plans (Shine, Super Shine, Flare, Super Flare, Blaze) differentiated by speed registration status, range, battery capacity, and carrying capacity, with all plans bundling service, insurance, IoT/GPS telematics, and routine wear-and-tear coverage. The underlying stack combines an in-house subscription management platform with third-party IoT telematics for vehicle tracking, battery/ignition/diagnostic monitoring, and a driving-behavior anomaly layer that flags safety risks; on the demand side, customers complete KYC, location verification, and payment through a website and mobile app with UPI support.
Monetization is recurring monthly subscription revenue, supplemented by a franchise channel that lets individual investors purchase eBikes directly from OEMs, equip them with insurance and GPS, and subscribe them into the EVeez pool for guaranteed monthly payouts — an asset-light structure that scales fleet without proportional balance-sheet exposure. A partnership with Indofast Energy gives subscribers access to 1,600+ battery swap stations, materially reducing rider downtime versus fixed-battery peers. The customer base spans quick commerce, food delivery, e-commerce logistics (e.g., CABT, FDL, Tokri) and industrial campus mobility (ESL Steel/Vedanta); operations span Delhi-NCR, Hyderabad, and Bokaro Steel City with offices in Gurugram, Noida, Hyderabad, and Bangalore, and an announced six-city expansion via the Indofast Energy partnership. The company is privately held, venture-funded across seed, pre-seed, and a July 2025 Series A of $5.4M led by Michael & Susan Dell Foundation.
EVeez firmographics
Firmographics- Name
- EVeez
- Legal name
- TravelTech Experiences Pvt. Ltd.
- Website
- https://eveez.in
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EVeez (TravelTech Experiences Pvt. Ltd.) provides all-inclusive electric two-wheeler subscriptions to India's gig workers and delivery enterprises, bundling service, insurance, IoT telematics, and battery-swapping across tier I/II cities.
- Ownership category
- akta.pro rank
EVeez industry classification
Industry- Product category
- Electric Vehicle Subscription Services
- NAICS
- Automotive Equipment Rental and Leasing (5321)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Delivery Fleet Subscription & Bundled Services (Maintenance/Telematics/Insurance) (TLABAGAH)
- akta.pro secondary industries
- Last-Mile & Delivery Fleet Rental/Leasing (Vans, Box Trucks, Cargo Bikes) (TLABAHAG), E-Bike Rentals (THADAGAE), Crowdsourced Retail Errand/Shopping & Delivery (TLAAAGAE), E-Bikes & Electric Bicycles (CRACASAA)
Keywords
Where EVeez is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
EVeez business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- eBike Subscriptions: Monthly subscription fees from businesses and gig workers for eBike usage. Plans include service, insurance, IoT, and regular wear and tear coverage. Revenue is recurring based on subscription tier selected.
- Series A Funding: Raised $5.4 million in Series A funding led by Michael & Susan Dell Foundation for fleet expansion and geographic reach.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Shine Plan - Unregistered slow-speed eBike with up to 100 km range |
| Subscription | Monthly | Super Shine Plan - Unregistered with 2 battery swaps per day |
| Subscription | Monthly | Flare Plan - Registered high-speed eBike with up to 70 km range |
| Subscription | Monthly | Super Flare Plan - Registered with up to 90-120 km range |
| Subscription | Monthly | Blaze Plan - High capacity delivery eBike with up to 60 km range |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
EVeez product offering
Product offeringCore offering
EVeez offers all-inclusive eBike subscription plans to businesses and individual gig workers in India for last-mile delivery operations. Subscriptions bundle the electric two-wheeler with service, insurance, IoT/GPS telematics, regular wear-and-tear coverage, and battery-swap access, eliminating upfront capital outlay. The company also runs a franchise program that lets partners own eBike assets and deploy them under EVeez subscriptions for guaranteed monthly returns.
Product overview
EVeez operates as an electric mobility subscription platform offering all-inclusive eBike subscriptions for gig workers and businesses in India's last-mile delivery sector. The platform provides a portfolio of five subscription plans (Shine, Super Shine, Flare, Super Flare, Blaze) differentiated by speed type (registered vs unregistered), battery capacity, range, and carrying capacity, all bundled with maintenance, insurance, and IoT/GPS telematics. The offering is anchored by the core subscription service complemented by a franchise program for asset investment, and powers operations through an app-based booking and management platform. The company partners with Indofast Energy for battery-swapping infrastructure to extend vehicle range for delivery operations.
Differentiator
Problem solved
Functional benefit
Products and services
- EVeez eBike Subscription Service All-inclusive monthly electric bike subscription service for businesses and gig workers in India's last-mile delivery sector. Plans are differentiated by speed type (registered vs unregistered), battery capacity, range, and carrying capacity, and include service, insurance, IoT/GPS telematics, and regular wear-and-tear coverage.
- EVeez Franchise Program Asset-light franchise partnership model that allows investors to purchase eBikes from OEMs, add insurance and GPS tracking, and subscribe the vehicles to EVeez for guaranteed monthly returns. Partners handle customer onboarding, deployment, and account management.
- EVeez Campus App Campus e-mobility app solution that supports closed-environment fleet operations for industrial and corporate campuses, providing eBike access, IoT/GPS telematics, and management tooling tailored to on-site mobility requirements.
Quantifiable outcome
- 400,000+ litres of fuel saved
- +4 more outcomes
Companies that use EVeez
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
EVeez technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability3 records
Feature3 records
EVeez partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Indofast EnergycoreStrategic partnership to deploy 20,000 electric bikes across tier I/II Indian cities including Chennai, Mumbai, Pune, Jaipur, Lucknow, and Vijayawada over 24 months. Indofast Energy provides battery-swapping infrastructure (900+ stations facilitating 40,000 daily swaps) while EVeez supplies eBikes for last-mile delivery operations. The initiative aims to reduce operational costs, minimize downtime, and enhance efficiency for delivery partners in quick commerce, e-commerce, and food delivery sectors.
Scale indicators9 records
Recent moves5 records
Expansion highlights5 records
EVeez competitors and assessment
Company assessmentDirect peers
- Zypp Electric: India-based EV-as-a-service platform for last-mile delivery, providing e-scooters on subscription to gig workers and enterprises like Zomato, Swiggy, and BigBasket. Directly competes with EVeez in the EV fleet subscription segment for last-mile delivery in India.
- Yulu: Bengaluru-based micromobility company offering shared electric two-wheelers on subscription/rental to delivery partners and consumers. Operates a similar eBike subscription model with battery swap network (Yulu Energy), making it a direct functional peer.
- Bounce Infinity: India-based e-scooter rental and subscription player with a swapable-battery model serving gig workers and B2B fleets. Competes head-to-head with EVeez on subscription plans for delivery riders and operates a similar battery-swap ecosystem play.
- Lithium Urban Technologies: India's first corporate EV fleet operator providing electric vehicle leasing and managed mobility to enterprises like Cisco, Google, and SAP. Compares as an early pioneer in the EV subscription / managed fleet model that EVeez extends to gig delivery.
Emerging players
- SUN Mobility: India's leading battery-as-a-service and swap-network operator partnering with OEMs and fleet operators. Comparable as the infrastructure backbone category that EVeez relies on through its Indofast partnership — also a potential partner or competitor.
- Battery Smart: Indian battery-swap network operator for e-rickshaws and e-two-wheelers with thousands of swap stations. Comparable as an emerging battery-as-a-service player that competes with or complements Indofast, shaping the swap infrastructure EVeez relies on.
Broad incumbents
- Ather Energy: India's leading premium e-scooter OEM with its own subscription, financing, and battery-as-a-service offerings (Ather Battery Protect). A broad incumbent that could move downstream into fleet subscriptions directly, squeezing EVeez's intermediary position.
- Ola Electric: India's largest e-scooter manufacturer launching its own subscription, financing, and battery-network products at scale. As a broad incumbent, Ola could either become a partner OEM for EVeez or a direct competitor via enterprise fleet deals.
- Hero Electric: Established Indian e-scooter OEM with a large dealer network and B2B fleet ambitions. Comparable as a broad incumbent whose vehicle supply EVeez's franchise partners depend on; also a potential competitor as Hero develops its own fleet-as-a-service offerings.
- Gogoro: Taiwan-based global leader in swappable-battery electric scooters with a network of swap stations and B2B fleet subscriptions. A useful international reference comparable on the EV + battery-swap + subscription model that EVeez is building in India.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
EVeez social profiles
Digital presenceEVeez compliance and trust
Trust signalCompliance1 record
EVeez financial estimates
Financial estimateRevenue estimate
Valuation estimate
EVeez leadership team
Management profileNumber of profiles
Profiles2 records
EVeez funding detail
Funding detailFunding overview
Funding rounds3 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EVeez M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EVeez
What does EVeez do?
EVeez offers all-inclusive eBike subscription plans to businesses and individual gig workers in India for last-mile delivery operations. Subscriptions bundle the electric two-wheeler with service, insurance, IoT/GPS telematics, regular wear-and-tear coverage, and battery-swap access, eliminating upfront capital outlay. The company also runs a franchise program that lets partners own eBike assets and deploy them under EVeez subscriptions for guaranteed monthly returns.
Is EVeez a public or private company?
EVeez is a private company. It is classified as venture growth investor backed and is currently operating.
When was EVeez founded?
EVeez was founded in 2020. It employs 11 to 50 people.
Where is EVeez based?
EVeez is headquartered in Gurugram, India, in the Asia region.
How does EVeez make money?
Two revenue lines are on record. eBike Subscriptions are the primary driver. The others are series A Funding.
Who are EVeez's main competitors?
Direct peers on record are Zypp Electric, Yulu, Bounce Infinity and Lithium Urban Technologies. Emerging players are SUN Mobility and Battery Smart. Broad incumbents are Ather Energy, Ola Electric, Hero Electric and Gogoro.
Does EVeez have an API?
No public API is recorded for EVeez.
What industry is EVeez in?
EVeez's product category is Electric Vehicle Subscription Services. Its primary akta.pro industry code is TLABAGAH, Delivery Fleet Subscription & Bundled Services (Maintenance/Telematics/Insurance), with a secondary code of TLABAHAG, Last-Mile & Delivery Fleet Rental/Leasing (Vans, Box Trucks, Cargo Bikes). Its NAICS code is 5321 and its SIC code is 7510.