EVIFY, a Surat-based tech-enabled EV logistics start-up, has raised INR 80 lakh in a seed round from angel investors, including We Founder Circle.
The start-up will be using the capital raised through this funding round to be utilised majorly for technology development, team building and scaling up the company’s operations.
Devrishi Arora, Founder and CEO of EVIFY, said, “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.”
EVIFY platform counts around 3lakh+ green kms and 50,000+ green deliveries till April, 2022. Pragya Mittal, Co-Founder and CMO of EVIFY, noted that the company will also be using the funds to develop SOPs for expansion in multiple cities, including Vadodara, Ahmedabad, and Rajkot.
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