What is EVeez?
Established in 2020 and headquartered in India, EVeez addresses the increasing demand for eco-friendly delivery operations. The company offers eBike subscription services tailored for businesses engaged in delivery services, enabling them to reduce their carbon footprint. This focus on sustainability within the logistics sector positions EVeez as a key player in India's burgeoning green economy, catering to companies looking to enhance their environmental, social, and governance (ESG) profiles.
How much funding has EVeez raised?
EVeez has raised a total of $5.8M across 2 funding rounds:
Angel/Seed
$400K
Series A
$5.4M
Angel/Seed (2021): $400K with participation from Ah.ventures
Series A (2025): $5.4M led by Caret Capital, Michael & Susan Dell Foundation, ThinKuvate, and Ev2 Ventures
Key Investors in EVeez
Caret Capital
Caret Capital is a specialized firm in real estate projects aimed at maximizing capital returns through active, intelligent, and trustworthy investment strategies. They connect investors with high-quality real estate opportunities, utilizing advanced algorithms and technologies to filter and structure the best market options.
Michael & Susan Dell Foundation
The Michael & Susan Dell Foundation is a charitable, non-profit private foundation focused on accelerating human opportunity globally. Since its inception in 1999, it has committed $2.4 billion to various initiatives, including quality education, health innovation, and financial services.
ThinKuvate
ThinKuvate is a Singapore-based venture capital firm that invests in technology and tech-enabled startups across India and Southeast Asia, focusing on sectors such as DeepTech, HealthTech, and EV & Mobility. The firm combines early-stage capital with practitioner-led execution support.
What's next for EVeez?
With this substantial enterprise-level funding, EVeez is poised for significant expansion and operational enhancement. The strategic investment is expected to fuel advancements in their eBike fleet, technology infrastructure, and market reach across India. This capital infusion will likely enable EVeez to solidify its position as a leader in sustainable last-mile delivery solutions, potentially exploring new service offerings and partnerships to further its growth trajectory.
See full EVeez company page
