EVIFY Raises Rs 80 Lakh In A Seed Financing Round Led By We Founder Circle

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EVIFY

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EVIFY, a tech-enabled EV logistics startup based in Surat, raises Rs 80 lakh in a Seed financing round. This was led by angel investors such as We Founder Circle. The funds will be used for team building, technology development, and scaling up the company’s operations.

“This is a great start to the fiscal year for the company. Through this funding capital, we plan to upgrade and integrate technological advancements into our delivery operations such as geofencing, BMS and fleet management,” said Devrishi Arora, founder and CEO, of EVIFY.

The company’s goal is to offer green logistics-based, end-to-end services for all the country’s e-commerce giants. Eveeto, the logistics solutions wing at EVIFY, operates only electric vehicles for delivery. The company plans to expand its platform by adding geofencing, client insights, customized BMS, driver management and fleet management. According to a company statement, the platform has more than 35,000 green kilometers and more than 50,000 green deliveries until April 2022.

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“We are focused on setting our strong foot in Surat in the coming months through this funding round and develop our SOPs for expansion in multiple cities which includes Vadodara, Ahmedabad and Rajkot,” said Pragya Mittal, CMO and co-founder, EVIFY.

EVIFY Logitech targets to transform last-mile deliveries to be fully electric and environment-friendly in the country. This platform is focused on improving the electric vehicle value chains with a focus on sustainability. According to a company statement, the company plans to rebuild the EV logistics sector with a special focus being on the safety and security of drivers, continuous effort to go green and boost technology support for clients partners and employees.

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