EVIFY, an electric logistics startup, has raised $100,000 through a Seed financing round that was which was led by We Founder Circle. The game also saw angel investors, including Gaurav Singhvi, Gaurav Juneja Saurabh Agarwal, Rajeev Goel, and others. The money is to be used for an expansion of the company’s operations in team building and technological development.
“This is a great start to fiscal year for the company. We have been working on adding technological advancements into our delivery operations such as geofencing, BMS and fleet management to revolutionize the unorganized logistics market,” said Devrishi Arora, co-founder and CEO of EVIFY.
EVIFY intends to build an inventory that will include 2,000 cars by 2023’s end. It also plans to reduce carbon emissions by purchasing credits, and the carbon neutrality report will be published soon. As of 2022, the platform has tracked more than 70,000 green deliveries and more than 3,80,000 green kilometers, according to the company in the statement.
“As the country is moving towards greener solutions, brands like EVIFY will play a vital role. It is amazing how the enthusiastic co-founders’ team has innovated and is delivering a genuine solution in the growth of the logistics. It is not just an investment but a responsibility to support brands like EVIFY,” stated the CA Gaurav VK Singhvi, co-founder of We Founder Circle.
EVIFY is a technology-driven startup offering green logistics solutions for e-commerce giants with a fleet of electric cars. The company creates a complete tech platform that covers vehicle analytics, battery analytics, BMS tel,ematics routing optimization, and many more functions under one platform.
