evpe
evpe (Maxmatik Labs) is an Indian EV platform offering marketplace, leasing, financing, charging, and maintenance services for individual, micro/SME, and fleet customers, powered by a proprietary alternative-data credit score.
- Company typePrivate
- Founded2002
- HeadquartersSecundurabad, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What evpe does
evpe, operated by Maxmatik Labs Private Limited and headquartered in Secunderabad, Telangana, is an integrated electric mobility platform serving Indian consumers, micro/SME buyers, and fleet operators. The platform combines an EV marketplace, flexible leasing and financing (including micro and SME loans), a charging and battery-swap network, a 24/7 roadside assistance and garage maintenance network, and a mobile application that consolidates credit checks, vehicle browsing, payments, and service access into a single self-serve journey. Distribution is digital-first via the evpe mobile app on Google Play, with a multi-sided partner network spanning OEMs (Odysse, BGauss, BattRE, Enigma EV), charging operators, certified garages, and financial institutions.
evpe firmographics
Firmographics- Name
- evpe
- Legal name
- Maxmatik Labs Private Limited
- Website
- https://evpe.in
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- evpe (Maxmatik Labs) is an Indian EV platform offering marketplace, leasing, financing, charging, and maintenance services for individual, micro/SME, and fleet customers, powered by a proprietary alternative-data credit score.
- Ownership category
- akta.pro rank
evpe industry classification
Industry- Product category
- Electric Vehicle Mobility Services
- NAICS
- Passenger Car Leasing (532112), Passenger Car Rental (532111), Automotive Equipment Rental and Leasing (5321)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Passenger Vehicle Leasing & Long-Term Rental (Cars/SUVs) (TLABAHAA)
- akta.pro secondary industries
- Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI), EV Passenger Vehicle Leasing (Cars/SUVs) (TLABAAAH), EV Subscription (Monthly/Longer-Term Consumer Plans) (THADANAD)
Keywords
Where evpe is headquartered
LocationHeadquarters
- HQ city
- Secundurabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
evpe business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- EV Marketplace Sales: Platform facilitates sale of electric vehicles (two-wheelers, three-wheelers, four-wheelers) through curated marketplace with multiple OEM brands listed
- EV Leasing: Flexible leasing options for electric vehicles with competitive rates and accessible payment plans for individuals and businesses
- EV Financing: Micro and SME financing services for EV purchases, integrated with alternative credit scoring
- Charging Station Network: Charging and battery swapping services through partnered charging station operators
- Maintenance Services: 24/7 roadside assistance and garage maintenance network for EV servicing
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level EV - Odysse E2Go Lite |
| Unit Pricing | Pay-as-you-go | Mid-range EV - BGauss C12i Max |
| Unit Pricing | Pay-as-you-go | Premium EV - BattRE STORIE 3.1 |
| Subscription | Monthly | Leasing and Financing Services |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels3 records
evpe product offering
Product offeringCore offering
evpe operates a mobility-as-a-service platform that aggregates electric vehicle leasing, financing, charging infrastructure access, and maintenance services into a single digital offering. The platform connects individual consumers and fleet operators to multiple OEMs through a curated marketplace, while a proprietary alternative credit scoring system built on anonymous phone metadata enables financing access for underserved buyers.
Product overview
evpe is a mobility-as-a-service platform operated by Maxmatik Labs Private Limited, offering a comprehensive electric vehicle ecosystem. The platform provides Electric Vehicle Leasing & Financing with competitive rates and accessible payment plans, a Charging Station Network for charging and battery swapping, Maintenance Support Network with 24/7 roadside assistance, and Integrated Financial Services including micro/SME financing and health insurance. The platform features a proprietary evpe Credit Score using anonymous phone metadata for alternative credit assessment, an EV Marketplace for browsing and purchasing electric vehicles, and a mobile app for tracking battery status, receiving real-time alerts, and managing wallet transactions. The ecosystem connects charging station operators, service garages, OEMs, and financial institutions to serve individual and business customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Electric Vehicle Leasing & Financing
Quantifiable outcome
- Deploying 1,000 e-bikes across South India in 2025
Companies that use evpe
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles2 records
evpe technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature1 record
evpe partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Enigma EVcoreMemorandum of Understanding signed for deployment of 1,000 purpose-built e-bikes across South India in 2025, starting with 200 bikes for fleet and gig riders in Hyderabad. Partnership marks Enigma's formal entry into Hyderabad market as part of aggressive B2B expansion strategy targeting 21,000 unit sales over two years and 10,000 fleet sales by FY 2026. Both companies frame collaboration as long-term commitment to scaling electric mobility for gig workers, fleet operators, and intra-city commuters.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
evpe competitors and assessment
Company assessmentDirect peers
- Battery Smart: Battery Smart runs a battery-swapping network for electric two- and three-wheelers across Indian cities. Direct comparable to evpe's charging and swapping partner-network offering.
- Sun Mobility: Sun Mobility operates battery swapping and EV energy infrastructure partnerships across India. Closely comparable to evpe's charging + battery swapping revenue stream and partner-network model.
- Lithium Urban Technologies: Lithium provides electric corporate fleet mobility solutions for employee transportation in India. Comparable to evpe's B2B fleet electrification focus and the Enigma-type fleet partnership model.
- Bounce (Bounce Infinity): Bounce operates EV scooter rental, subscription, and purchase in India via its app. Directly comparable to evpe in offering two-wheeler EV access with subscription/financing to consumers and gig riders.
- Yulu: Yulu runs shared electric two-wheelers targeted at gig and delivery workers in Indian cities. Comparable micro-mobility EV access model serving the same underserved gig-worker segment evpe targets with its lease-to-own product.
Broad incumbents
- Ather Energy: Ather is a leading Indian premium electric two-wheeler OEM with its own dealer and service network. Relevant incumbent comparable on the OEM and service-network axes evpe is building.
- Hero Electric: Hero Electric is a long-established Indian electric two-wheeler OEM. Comparable as a likely OEM partner on evpe's marketplace while competing for direct-to-consumer EV sales that evpe helps finance.
- Ola Electric: India's largest electric two-wheeler OEM with its own financing, service, and charging initiatives. Competes with evpe on the marketplace/OEM side and could potentially disintermediate evpe's aggregator model vertically.
Emerging players
- Euler Motors: Euler Motors manufactures electric commercial three-wheelers and is expanding into EV financing for fleet operators. Overlaps with evpe's fleet leasing and SME financing thesis around commercial EVs.
- BluSmart: BluSmart operates an EV-only ride-hailing service in Indian cities. Adjacent/emerging player targeting similar EV-driven mobility with a fleet model that mirrors evpe's fleet-use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
evpe social profiles
Digital presenceevpe financial estimates
Financial estimateRevenue estimate
Valuation estimate
evpe leadership team
Management profileNumber of profiles
evpe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
evpe 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 evpe
What does evpe do?
evpe operates a mobility-as-a-service platform that aggregates electric vehicle leasing, financing, charging infrastructure access, and maintenance services into a single digital offering. The platform connects individual consumers and fleet operators to multiple OEMs through a curated marketplace, while a proprietary alternative credit scoring system built on anonymous phone metadata enables financing access for underserved buyers.
Is evpe a public or private company?
evpe is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was evpe founded?
evpe was founded in 2002. It employs 11 to 50 people.
Where is evpe based?
evpe is headquartered in Secundurabad, India, in the Asia region.
How does evpe make money?
Five revenue lines are on record. EV Marketplace Sales are the primary driver. The others are EV Leasing, EV Financing, charging Station Network and maintenance Services.
Who are evpe's main competitors?
Direct peers on record are Battery Smart, Sun Mobility, Lithium Urban Technologies, Bounce (Bounce Infinity) and Yulu. Broad incumbents are Ather Energy, Hero Electric and Ola Electric. Emerging players are Euler Motors and BluSmart.
Does evpe have an API?
No public API is recorded for evpe.
What industry is evpe in?
evpe's product category is Electric Vehicle Mobility Services. Its primary akta.pro industry code is TLABAHAA, Passenger Vehicle Leasing & Long-Term Rental (Cars/SUVs), with a secondary code of TLABAHAI, Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles). Its NAICS code is 532112 and its SIC code is 7510.