Evera Cabs - About the company
Evera Cabs is a seed company based in Delhi (India), founded in 2019 by Vikas Bansal and Rajeev Tiwari. It operates as a Provider of an application for booking electric vehicle transportation services. Evera Cabs has raised $14.5M in funding from IEG, with a current valuation of ₹*****. The company has 352 active competitors, including 19 funded and 5 that have exited. Its top competitors include companies like Uber, Blu-Smart and Ola.
Company Details
Provider of an application for booking electric vehicle transportation services. The application facilitates transportation using electric vehicles with professionally certified drivers. The service focuses on offering a comfortable experience. The company prioritizes passenger safety through background checks and safety features.
- Website
- www.everacabs.com/
- Email ID
- *****@everacabs.com
- Phone Number
- +91 **********
- Registered Address
- JA 308, 309, 310, 3RD FLOOR, DLF TOWER-A, JASOLA DISTRICT CENTRE, JASOLA, Jamia Nagar, South Delhi, New Delhi, Delhi, India, 110025
Key Metrics
Founded Year
2019
Location
Delhi, India
Stage
Seed
Total Funding
$14.5M in 5 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 16, 2025
Ranked
10th among 352 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
32 as on Jun 30, 2025
Legal entities associated with Evera Cabs
Evera Cabs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PRAKRITI E-MOBILITY PRIVATE LIMITED CIN: U63030DL2019PTC355360 , India, Active | Sep 20, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 45 (As on Jul 31, 2025) |
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Evera Cabs's funding and investors
Evera Cabs has raised a total funding of $14.5M over 5 rounds. Its first funding round was on Mar 16, 2020. Its latest funding round was a Seed round on Jun 25, 2025 for ₹*****. 1 investor participated in its latest round. Evera Cabs has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Evera Cabs:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 25, 2025 | 8327276 | Seed | 1726972 | 6706860 | 2614898 | 7905608 |
Apr 09, 2024 | 2506970 | Seed | 4002424 | 9656378 | 3991885 | |
Mar 01, 2023 | 6433372 | Seed | 8668375 | 7646690 |
View details of Evera Cabs's funding rounds and investors
Evera Cabs' founders and board of directors
Founder? Claim ProfileThe founders of Evera Cabs are Vikas Bansal and Rajeev Tiwari.
Here are the details of Evera Cabs' key team members:
- Vikas Bansal: Co-Founder of Evera Cabs. They are also an angel investor in 3 startups and serve on the boards of 2 companies.Contact Info: 1 phone number
- Rajeev Tiwari: Co-Founder of Evera Cabs. They serve on the board of 1 company.Contact Info: 1 phone number
Evera Cabs' Board of Directors
Evera Cabs's board has 4 active members. Vikas Bansal, Nimish Trivedi and Rajeev Tiwari are part of team and Arthit Narula is independent board member.Here is the list of Evera Cabs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 0m | |
Team | - | Current | 3y 11m | |
Team | - | Current | 7y 0m | |
Independent board member | - | Current | 3y 11m |
View details of Evera Cabs's Founder profiles and Board Members
Evera Cabs' employee count trend
Evera Cabs has 32 employees as of Jun 25. The total employee count is 19.0% more than what it was in Jun 24. Here is Evera Cabs's employee count trend over the years:
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Evera Cabs's Competitors and alternates
Top competitors of Evera Cabs include Uber, Blu-Smart and Ola. Here is the list of Top 10 competitors of Evera Cabs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | Platform offering electric vehicle fleet undergoing corporate insolvency resolution process | $180M | 79/100 | ||
3rd | Operator of a network providing on-demand transportation and mobility solutions | $3.84B | 72/100 | ||
4th | App-based platform offering ride-hailing services | $135M | 72/100 | ||
5th | Snap-E Cabs 2022, Kolkata (India), Seed | Operator of electric vehicle transportation services providing ride bookings via application | $5.03M | 67/100 | |
6th | TaxiForSure 2011, Bengaluru (India), Acquired | Car rental aggregator | $45.2M | 63/100 | |
7th | Operator of a technology platform providing all-electric vehicle cab booking services | $6.27M | 58/100 | ||
8th | Provider of vehicle transfer and tech enabled solutions | - | - | 54/100 | |
9th | App-based platform offering ride-hailing services | - | 53/100 | ||
10th | Evera Cabs 2019, Delhi (India), Seed | Provider of an application for booking electric vehicle transportation services | $14.5M | 52/100 |
Looking for more details on Evera Cabs's competitors? Click here to see the top ones
Evera Cabs's Investments and acquisitions
Evera Cabs has made no investments or acquisitions yet.
Reports related to Evera Cabs
Here is the latest report on Evera Cabs's sector:
News related to Evera Cabs
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Evera Cabs Proposes Lease of 1,000 EVs From BluSmart Amid Insolvency ProceedingsInc42•Sep 22, 2025•Evera Cabs, Blu-Smart
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Inflection Point leads $2.5m round for Indian EV firm SnapE CabsTech in Asia•Sep 11, 2025•Snap-E Cabs, ah! Ventures, Inflection Point Ventures, Rapido and 4 others
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Evera Cabs secures USD 4M in funding from Mufin Green FinanceEnablers•Jun 24, 2025•Mufin Green Finance, Evera Cabs
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BluSmart Eyes $30M Revival Amid TurmoilElectronicsforyou•May 09, 2025•Blu-Smart, BP Ventures, responsAbility, Evera Cabs and 3 others
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Evera Reclaims 500 BluSmart EV Cabs, Eyes Full Control Of Delhi Airport FleetNews18•May 06, 2025•Evera Cabs, BLU Products
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Evera raises 2 million euros to revolutionize green mobility for companies – France 3 RégionsDjib-Xinwen•Mar 30, 2025•Evera Cabs
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Evera raises €2 million to accelerate the electrification of professional fleetsEU-Startups•Mar 17, 2025•debraleebaldwin.com, Newfund, Magellim Group, Evera Cabs
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Paris-based Evera raises €2M to boost fleet electrification, adds ex-transport minister to boardSilicon Canals•Mar 17, 2025•Evera Cabs, Magellim Group, Evera, Newfund
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