Ev2 Ventures
Ev2 Ventures is an India-focused seed and pre-series A venture capital firm investing exclusively in smart mobility startups, including EVs, logistics, agri-supply chain, and autonomous driving, with a portfolio of ten companies.
- Company typePrivate
- Founded2020
- HeadquartersGurugram, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Ev2 Ventures does
Ev2 Ventures, operating under the legal entity Emergent Ventures, is a Gurgaon, India-based venture capital firm founded in 2020 that invests exclusively in early-stage smart mobility startups. The firm targets seed and pre-series A rounds across a defined thesis covering Electric Vehicles, Connected Supply Chain, Logistics Technology, Micro-mobility, Agri Supply Chain, Warehousing Technology, and the Sharing Economy. It does not develop proprietary technology; its core product is capital plus a "growth playbook," sector-focused mentorship, and access to a curated advisor network comprising former executives from Harman International, Samsung, Stellantis, Gentherm, the Indian Railway Board, and the Ministry of Finance.
The firm's disclosed portfolio comprises ten companies: Euler Motors (light electric commercial vehicles), Enmovil (fleet analytics), COGOS (intra-city logistics), Eveez (two-wheeler EV subscription), Alt Mobility (EV financing and asset intelligence), Swapp.design (four-wheeler automated battery swapping), Simactricals (EV wireless charging), Centriti (B2B distribution for HoReCa and mid-mile logistics), Fambo (agri supply chain), and RoshAi (Level 4 autonomous vehicle retrofits). Distribution is exclusively India-domiciled, with a secondary office in Mauritius likely used for fund structuring. GTM is direct origination through entrepreneur networks and referrals, supplemented by thought-leadership content (the ACCELERATE series) and PR placements on external platforms such as Opportunity India.
The revenue model is conventional early-stage VC economics: returns generated through equity stakes in portfolio companies, with eventual monetization via acquisitions, IPOs, or secondary sales; no proprietary product or service revenue streams exist. The firm is small (1–10 employees), led by Partners Charles Owen (ex-global head of M&A at Harman International) and Karan Mittal (ex-Partner at Velos Partners), supported by a six-person advisory bench.
Ev2 Ventures firmographics
Firmographics- Name
- Ev2 Ventures
- Legal name
- Emergent Ventures
- Website
- https://ev2.vc
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ev2 Ventures is an India-focused seed and pre-series A venture capital firm investing exclusively in smart mobility startups, including EVs, logistics, agri-supply chain, and autonomous driving, with a portfolio of ten companies.
- Ownership category
- akta.pro rank
Ev2 Ventures industry classification
Industry- Product category
- Early-Stage Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Transportation, Logistics & Mobility Growth Equity (FSANACAK)
Keywords
Where Ev2 Ventures is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Ev2 Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Returns / Fund Management: As a venture capital firm, Ev2 Ventures generates returns through equity investments in portfolio companies. The firm invests at early stages (seed and pre-series A) and provides capital, mentorship, and strategic guidance to startups in the smart mobility sector with the goal of achieving returns through exits via acquisitions, IPOs, or secondary sales.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Ev2 Ventures product offering
Product offeringCore offering
Ev2 Ventures is an India-focused venture capital firm that invests in seed and early to pre-Series A stage smart mobility startups. The firm deploys equity capital alongside a growth playbook, sector expertise, and a community of mentors and advisors to help portfolio companies progress toward major milestones across Electric Vehicles, Connected Supply Chain, Logistics Technology, Micro-mobility, Agri Supply Chain, Warehousing Tech, and the Sharing Economy.
Product overview
Ev2 Ventures is a venture capital firm that provides investment and advisory services to early-stage smart mobility startups in India. The firm does not offer traditional technology products or software services; instead, it offers capital investment, growth expertise, mentorship, and industry resources to portfolio companies operating in the smart mobility ecosystem including Electric Vehicles, Connected Supply Chain, Smart Logistics, Micro-mobility, Agri-Tech, and the Sharing Economy.
Differentiator
Problem solved
Functional benefit
Companies that use Ev2 Ventures
Customer profileSegments2 records
Ideal customer profiles1 record
Ev2 Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ev2 Ventures partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Ev2 Ventures competitors and assessment
Company assessmentDirect peers
- Micelio: India-focused clean mobility venture fund and venture studio investing across EV, energy storage, and mobility services. Closest direct peer to Ev2 Ventures given India-only, smart-mobility-only mandate and seed-stage orientation.
- Maniv Mobility: Global venture fund exclusively focused on mobility and transportation technology, investing from seed through growth. Direct peer in mobility sector specialization and stage breadth.
- Trucks Venture Capital: US-based seed-stage venture fund investing exclusively in transportation and mobility startups. Comparable for early-stage, mobility-only thesis and direct founder engagement.
- Dynamo Ventures: Pre-seed and seed fund focused on supply chain, mobility, and logistics technology. Highly comparable domain overlap with Ev2's logistics, fleet, and supply chain portfolio.
- Lowercarbon Capital: Venture fund investing in climate and decarbonization including transportation electrification. Comparable for EV-centric, sector-specialized, early-stage investing model.
- Hemi Ventures: Seed and early-stage fund focused on mobility, transportation, and smart city startups. Comparable stage and mobility-specific thesis.
- Kibo Funds: India-focused fund backing clean mobility, energy access, and climate tech startups. Direct peer in India-only, mobility-and-climate-thesis investing.
Broad incumbents
- Blume Ventures: One of India's leading early-stage venture funds with a broader tech thesis that includes mobility and logistics. Comparable as an India-based early-stage investor but operates across sectors rather than mobility-only.
- Kalaari Capital: India-focused early- and growth-stage venture firm with exposure to mobility and consumer tech. Comparable India-focused early-stage mandate though not mobility-specialized.
- Chiratae Ventures: India-headquartered multi-stage tech VC with mobility and consumer-tech exposure. Comparable India-based venture investor with similar stage reach but a broader sector mandate.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Ev2 Ventures social profiles
Digital presenceEv2 Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ev2 Ventures leadership team
Management profileNumber of profiles
Profiles8 records
Ev2 Ventures funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ev2 Ventures M&A and investment
M&A and investmentM&A
Investments14 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ev2 Ventures
What does Ev2 Ventures do?
Ev2 Ventures is an India-focused venture capital firm that invests in seed and early to pre-Series A stage smart mobility startups. The firm deploys equity capital alongside a growth playbook, sector expertise, and a community of mentors and advisors to help portfolio companies progress toward major milestones across Electric Vehicles, Connected Supply Chain, Logistics Technology, Micro-mobility, Agri Supply Chain, Warehousing Tech, and the Sharing Economy.
Is Ev2 Ventures a public or private company?
Ev2 Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ev2 Ventures founded?
Ev2 Ventures was founded in 2020. It employs 1 to 10 people.
Where is Ev2 Ventures based?
Ev2 Ventures is headquartered in Gurugram, India, in the Asia region.
How does Ev2 Ventures make money?
One revenue line is on record: investment Returns / Fund Management.
Who are Ev2 Ventures's main competitors?
Direct peers on record are Micelio, Maniv Mobility, Trucks Venture Capital, Dynamo Ventures, Lowercarbon Capital, Hemi Ventures and Kibo Funds. Broad incumbents are Blume Ventures, Kalaari Capital and Chiratae Ventures.
Does Ev2 Ventures have an API?
No public API is recorded for Ev2 Ventures.
What industry is Ev2 Ventures in?
Ev2 Ventures's product category is Early-Stage Venture Capital. Its primary akta.pro industry code is FSANACAK, Transportation, Logistics & Mobility Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.