EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A round
WAREHOUSING & LOGISTICS

EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A round

EVIFY, a Surat-based electric vehicle logistics startup, has raised $1.3 million in funding in a Pre-Series A round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors We Founder Circle and IVY Growth, along with a few angel investors. EVIFY seeks to revolutionise the...

EVIFY, a Surat-based electric vehicle logistics startup, has raised $1.3 million in funding in a Pre-Series A round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors We Founder Circle and IVY Growth, along with a few angel investors. EVIFY seeks to revolutionise the electric vehicle logistics sector in India by making it carbon-negative through technological innovations. Evify will use the funds to expand its operations across Gujarat. The aim is to grow the existing fleet from 400 to 4,000 electric bikes by March 2025. Currently, it is operational in Surat and Ahmedabad. EVIFY works with Big Basket, BB Now, Swiggy, Zomato, Flipkart, e-Com Express and Blue Dart. Contact: EVIFY Website: www.evify.co.in

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