What is EVIFY?
EVIFY aims to transform India's last-mile delivery network by transitioning it to electric and environmentally friendly operations. The platform is dedicated to enhancing the electric vehicle (EV) value chain, with a strong emphasis on sustainability and achieving carbon-negative status. The company's strategic vision includes reconstructing the EV logistics domain, prioritizing driver safety and security, and accelerating technological support for its client partners and employees. This focus on a greener, safer, and more efficient logistics ecosystem positions EVIFY as a key player in the future of urban mobility and supply chain management.
How much funding has EVIFY raised?
EVIFY has raised a total of $1.4M across 2 funding rounds:
Angel/Seed
$101K
Other Financing Round
$1.3M
Angel/Seed (2022): $101K with participation from We Founder Circle
Other Financing Round (2024): $1.3M led by GVFL, Piper Serica Advisors Pvt, Ivy Growth Partners, and We Founder Circle
Key Investors in EVIFY
GVFL
GVFL is a venture capital firm that specializes in providing funding and support to early-stage companies across various sectors, including technology and healthcare. They aim to empower entrepreneurs by offering financial resources, strategic guidance, and mentorship.
Piper Serica Advisors Pvt
Piper Serica is an investment banking firm providing advisory services for mergers & acquisitions and capital raising, with strong relationships with VC and PE investors in India. They focus on cross-border business and have sector specializations including IT services and healthcare.
Ivy Growth Partners
Ivy Growth Partners is a CPA accounting and tax agency specializing in financial management and wealth building through SMSF and property investments, leveraging technology for comprehensive business services.
What's next for EVIFY?
With a major strategic investment and significant enterprise-level funding, EVIFY is poised for accelerated expansion and operational scaling. The substantial capital infusion is expected to fuel advancements in their technology platform, broaden their fleet of electric vehicles, and extend their service reach across new territories. The company's forward-looking strategy likely involves further integration of sustainable practices, enhancing driver welfare programs, and solidifying partnerships within the EV ecosystem. This strategic backing signals strong investor confidence in EVIFY's mission to lead the charge towards carbon-neutral logistics and redefine last-mile delivery standards.
See full EVIFY company page
