Evify
Evify is a Surat-based B2B electric vehicle logistics startup operating an asset-light fleet of EV two-wheelers and three-wheelers to provide tech-enabled last-mile and first-mile delivery services to e-commerce, grocery, and food delivery enterprises across Gujarat.
- Company typePrivate
- Founded2021
- HeadquartersSurat, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Evify does
Evify Logitech Private Limited, operating as Evify, is a Surat, India-based B2B electric vehicle logistics startup founded in July 2021 by Devrishi Arora (CEO & COO) and Pragya Mittal (Co-Founder, CMO & CFO). The company provides tech-enabled green last-mile delivery via electric two-wheelers and first-mile delivery via electric three-wheelers to e-commerce, grocery, food, and hyperlocal delivery clients across Tier I, II, and III cities, currently operating in Surat, Ahmedabad, and Vadodara. Its stated positioning is "India's first carbon-negative EV fleet," and the company claims a fleet of 400+ EVs in early 2024 with a public target of 4,000 bikes by March 2025. Named enterprise customers include Flipkart, Meesho, Myntra, Ecom Express, Blue Dart, Zomato, and Big Basket.
Evify's technology stack centers on a proprietary fleet management platform — branded as Eveeto® for the EV acquisition, maintenance, and delegation wing — which provides real-time vehicle tracking, delivery scheduling, performance analytics, and API integration for client systems. The company also operates two mobile applications: an Evify Rider App for delivery partners ("Evify Heroes") handling gig work, delivery management, and access to credit, and an Evify Technician App for EV maintenance staff with QR-code-based workflows. A carbon offset platform tracks environmental impact for sustainability-positioned clients. The technology is positioned as a full-stack, tech-enabled logistics layer rather than an AI-native platform, and the public website provides no public-facing API documentation or developer portal.
Commercially, Evify follows an enterprise B2B sales model with quote-based, transaction-fee pricing tied to delivery volume, and the company is asset-light: NBFCs, asset finance companies, and banks own the EV fleet on their books and lease vehicles to Evify through finance or operating leases, which decouples capital intensity from growth. A side partnership with Fatak Pay extends credit lines to delivery riders and technicians. To date, Evify has raised approximately $1.6 million across three funding rounds — a $100,000 seed in July 2022, a $200,000 seed in March 2023, and a $1.3 million pre-Series A in January 2024 co-led by GVFL and Piper Serica Angel Fund, with participation from We Founder Circle and IVY Growth. Revenue and ARR are not publicly disclosed.
Evify firmographics
Firmographics- Name
- Evify
- Legal name
- Evify Logitech Private Limited
- Website
- https://evify.co.in
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Evify is a Surat-based B2B electric vehicle logistics startup operating an asset-light fleet of EV two-wheelers and three-wheelers to provide tech-enabled last-mile and first-mile delivery services to e-commerce, grocery, and food delivery enterprises across Gujarat.
- Ownership category
- akta.pro rank
Evify industry classification
Industry- Product category
- EV Last-Mile Delivery Services
- NAICS
- Couriers and Express Delivery Services (4921)
- SIC
- Transportation Services (4700), Trucking & Courier Services (No Air) (4210)
- akta.pro primary industry
- Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI)
Keywords
Where Evify is headquartered
LocationHeadquarters
- HQ city
- Surat
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Evify business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- B2B EV Logistics Services: Provides end-to-end green logistics services to e-commerce giants, grocery delivery, food delivery, and hyperlocal companies using electric vehicle fleets. Revenue generated through delivery service fees charged to enterprise clients for last-mile and first-mile logistics operations across Tier I, II, and III cities in India.
- Fleet Leasing/Asset Finance Partnership: Asset-light model where NBFCs, Asset Finance Companies, and Banks purchase EVs on their books and lease them to Evify through finance or operating lease arrangements. Evify generates revenue from logistics operations while asset costs are borne by partners.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Evify product offering
Product offeringCore offering
Evify provides tech-enabled B2B electric vehicle logistics services for last-mile (via 2W) and first-mile (via 3W) deliveries to e-commerce, grocery, food delivery and hyperlocal companies across Tier I, II and III cities in India. The company operates and manages a fleet of 400+ electric vehicles through its proprietary Eveeto platform, which handles EV acquisition, maintenance and delegation to clients. Its asset-light model uses NBFC and bank partners to finance the EVs while Evify delivers the green logistics service.
Product overview
Evify is India's first carbon-negative EV logistics startup offering a full-stack, tech-enabled green delivery platform. The core offering consists of the Evify Core Platform for B2B logistics operations, powered by the Eveeto® sub-brand for EV fleet acquisition and maintenance. Services include Last Mile Delivery (2W) and First Mile Delivery (3W) through electric vehicles, managed via a proprietary Tech Platform for Fleet Management with API Integration capabilities. The portfolio also includes two mobile applications—Evify Rider App for delivery partners and Evify Technician App for EV maintenance staff—all coordinated through the central platform to serve e-commerce, food delivery, grocery, and hyperlocal delivery clients across Gujarat and expansion cities.
Differentiator
Problem solved
Functional benefit
Brands
- Eveeto: EVEETO stands for the logistics wing of EVIFY focusing on EV Acquisition, maintenance and delegation to its clients as per their needs, governed by a tech platform to ensure timely deliveries.
Products and services
- Last Mile Delivery (2W) Last mile delivery service executed with electric two-wheelers, offering low-maintenance, high-performance green delivery for e-commerce, food and grocery clients. Targeted at enterprises in Indian Tier I, II and III cities.
- First Mile Delivery (3W) First mile logistics solution delivered through electric three-wheelers, providing end-to-end green logistics from origin to destination for enterprise clients.
- Eveeto (Logistics Wing) Evify's logistics sub-brand that handles EV fleet acquisition, maintenance and delegation to clients, governed by a tech platform that ensures timely deliveries.
Quantifiable outcome
- 400+ EVs in operation as of early 2024
- +2 more outcomes
Companies that use Evify
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles2 records
Evify technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Evify partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Fatak PaysupportingCredit line partner providing financial services to Evify riders/drivers. Partnership enables delivery partners to access credit facilities through Fatak Pay.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Evify competitors and assessment
Company assessmentDirect peers
- Bounce Infinity: Indian EV scooter rental and battery-swap company that has pivoted toward fleet and last-mile delivery use cases. Comparable to Evify in EV two-wheeler fleet operations and asset-light economics for delivery partners.
- Zypp Electric: India's largest EV-as-a-service last-mile delivery startup operating electric two-wheelers and three-wheelers for grocery, e-commerce, and food delivery clients. Directly comparable to Evify on customer base (Zomato, BigBasket, Swiggy, Flipkart), asset-light model with battery-swap partnerships, and B2B EV fleet operations.
- Yulu: Bengaluru-headquartered electric two-wheeler mobility and battery-swap operator serving delivery and gig workers. Directly comparable to Evify in micro-mobility EV fleet operations, partnership with Bajaj for vehicles, and B2B last-mile delivery focus.
- eBikeGo: Indian EV two-wheeler rental and fleet operator providing electric vehicles to delivery riders and enterprises. Comparable to Evify in B2B EV-fleet-for-delivery model, target customer (delivery platforms, gig riders), and Tier I/II city footprint.
Broad incumbents
- Loadshare: Indian tech-enabled logistics and last-mile delivery startup serving e-commerce, FMCG, and hyperlocal clients. Comparable to Evify in B2B last-mile delivery focus and enterprise customers, but broader in mode (trucks, three-wheelers, two-wheelers) and geography.
- Delhivery: One of India's largest third-party logistics and last-mile delivery companies, with growing EV fleet investments. Overlaps with Evify in last-mile B2B delivery for e-commerce, but operates at vastly larger scale and broader geographic footprint across India.
- Shadowfax: Indian last-mile delivery and hyperlocal logistics provider serving e-commerce, food, and grocery clients. Comparable to Evify on B2B last-mile customer base and use of gig riders, but operates mixed ICE/EV fleets at much larger scale.
- Porter: Indian intra-city logistics and on-demand trucking aggregator with growing EV and two-wheeler delivery capabilities. Overlaps with Evify in B2B intra-city last-mile logistics but is primarily an aggregator/tech platform rather than an owned-fleet operator.
Others
- Blue Dart Express: India's largest integrated air and ground express logistics company, a DHL subsidiary and an Evify enterprise customer. Related rather than directly competing, as it both uses Evify's EV fleet for last-mile and operates its own delivery infrastructure; relevant as both a customer and an emerging EV-fleet operator.
Emerging players
- Dunzo: Indian quick-commerce and hyperlocal delivery company that has explored EV-based rider operations. Partial overlap with Evify in last-mile urban delivery, particularly for grocery and food, though Dunzo is more consumer-facing and has gone through significant restructuring.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Evify social profiles
Digital presenceEvify financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evify leadership team
Management profileNumber of profiles
Profiles2 records
Evify funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evify 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 Evify
What does Evify do?
Evify provides tech-enabled B2B electric vehicle logistics services for last-mile (via 2W) and first-mile (via 3W) deliveries to e-commerce, grocery, food delivery and hyperlocal companies across Tier I, II and III cities in India. The company operates and manages a fleet of 400+ electric vehicles through its proprietary Eveeto platform, which handles EV acquisition, maintenance and delegation to clients. Its asset-light model uses NBFC and bank partners to finance the EVs while Evify delivers the green logistics service.
Is Evify a public or private company?
Evify is a private company. It is classified as venture growth investor backed and is currently operating.
When was Evify founded?
Evify was founded in 2021. It employs 11 to 50 people.
Where is Evify based?
Evify is headquartered in Surat, India, in the Asia region.
How does Evify make money?
Two revenue lines are on record. B2B EV Logistics Services are the primary driver. The others are fleet Leasing/Asset Finance Partnership.
Who are Evify's main competitors?
Direct peers on record are Bounce Infinity, Zypp Electric, Yulu and eBikeGo. Broad incumbents are Loadshare, Delhivery, Shadowfax and Porter. Blue Dart Express is listed as an others. Dunzo is listed as an emerging player.
Does Evify have an API?
Yes. Evify offers API Integration as a service feature. No public-facing API documentation, developer portal, SDK, or technical specifications are available in the source material. The API is mentioned as a capability enabling tech platform vehicle tracking for clients, but specific endpoint details, authentication methods, rate limits, or versioning information are not provided.
What industry is Evify in?
Evify's product category is EV Last-Mile Delivery Services. Its primary akta.pro industry code is TLABAHAI, Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles). Its NAICS code is 4921 and its SIC code is 4700.