HomeFunding AlertFunding: EV Startup EVIFY Raises $100K In Seed Funding

Funding: EV Startup EVIFY Raises $100K In Seed Funding

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EV logistics startup EVIFY has raised $100,000 in a seed round led by We Founder Circle. this round was also joined by some angel investors like Gaurav Singhvi, Gaurav Juneja, Saurabh Agarwal, and Rajeev Goel among others.

The fund raised will be used for the expansion of the company’s operations, team building and technological development.

Evify has raised ₹8M in its first seed round of funding led by We Founder Circle on Jul 4, 2022.

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Devrishi Arora (co-founder and CEO) said, “EVIFY plans to have a fleet of 2000 vehicles by the end of 2023. The company also aims to decarbonize their fleet by buying credits and the report on carbon neutrality would be released soon Up till 2022, the platform has tracked over 70,000 green deliveries and over 3,80,000 green kilometres”.

Evify was founded in 2018 by Dariush HosseinianNadim Oweini, with the aim of making it easier for electric car owners to take the step to buy a wall box. Aiming to be the leader in EV charging by simplifying the buying and installation process of charging boxes for consumers, companies and cooperatives.

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