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EVRE - About the company

EVRE is a series A company based in Hyderabad (India), founded in 2017 by Jasti K Krishna Karthik and Jeewak Jadhav. It operates as a Manufacturer of electric vehicle charging hardware and energy management software. EVRE has raised $4.75M in funding from investors like CreedCap Asia Advisors, Palace Toyota and ACKO, with a current valuation of $*****. The company has 235 active competitors, including 38 funded and 5 that have exited. Its top competitors include companies like Statiq, Battery Smart and Bolt.Earth.

Company Details

Manufacturer of electric vehicle charging hardware and energy management software. The business produces alternating current and direct current charging units compatible with various vehicle brands. These systems incorporate authentication technology, load management capabilities, and data monitoring tools for fleet operators, commercial businesses, and government entities. The hardware supports integration with building management systems to facilitate energy distribution and infrastructure maintenance.
Social
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Email ID
*****@evre.in
Phone Number
+91 **********
Registered Address
4th Floor, TTMC, BMTC Building, Yeshwanthpur Circle, Yesh, wanthpur, Bangalore, Bangalore, Karnataka, India, 560022
Key Metrics
Founded Year
2017
Location
Hyderabad, India
Stage
Series A
Total Funding
$4.75M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 05, 2024
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
65 as on Sep 30, 2026
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EVRE's funding and investors

EVRE has raised a total funding of $4.75M over 5 rounds. Its first funding round was on Mar 30, 2021. Its latest funding round was a Angel round on Feb 05, 2024 for $*****. 3 investors participated in its latest round. EVRE has 18 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of EVRE:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 05, 2024
1157513
Angel
5784901
3137475
3680199
7436193
Apr 10, 2023
4513114
Series A
8278938
2813022
3336329
1424116
Jul 15, 2022
9111922
Seed
4804484
8743799
7190647
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EVRE's founders and board of directors

Founder? Claim Profile
The founders of EVRE are Jasti K Krishna Karthik and Jeewak Jadhav. Jasti K Krishna Karthik is the CEO of EVRE.
Here are the details of EVRE's key team members:

EVRE's Board of Directors

EVRE's board has 2 active members. Jasti K Krishna Karthik and Rajashree Jasti are part of team.
Here is the list of EVRE's board of directors:
Name
Type
Representing
Status
Duration
zfkzhrk
Team
-
Current
7y 8m
Investor
-
Current
9y 4m

EVRE's employee count trend

EVRE has 65 employees as of Sep 26. Here is EVRE's employee count trend over the years:
Employee count trend for EVRE
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EVRE's Competitors and alternates

Top competitors of EVRE include Statiq, Battery Smart and Bolt.Earth. Here is the list of Top 10 competitors of EVRE, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Statiq
Statiq
2020, Gurugram (India), Series A
Manufacturer of electric vehicle charging hardware and operator of networks
$45.5M
74/100
2nd
Logo for Battery Smart
Battery Smart
2019, Delhi (India), Series C
Chains providing battery-swapping services for electric vehicles
$176M
74/100
3rd
Logo for Bolt.Earth
Bolt.Earth
2017, Bengaluru (India), Series A
Provider of electric vehicle charging hardware, software, and support services
$29.6M
72/100
4th
Logo for SUN Mobility
SUN Mobility
2017, Bengaluru (India), Series B
Network providing battery swapping infrastructure for electric vehicle fleet operators
$135M
70/100
5th
Logo for BatteryPool
BatteryPool
2018, Pune (India), Seed
BatteryPool is an EV battery lifecycle management company focused on making battery assets easier to finance, deploy, monitor and reuse across their useful life
$2.47M
64/100
6th
Logo for EVRE
EVRE
2017, Hyderabad (India), Series A
Manufacturer of electric vehicle charging hardware and energy management software
$4.75M
63/100
7th
Logo for Zeno
Zeno
2022, Bengaluru (India), Series A
Provider of high-performance electric mobility solutions
$30M
61/100
8th
Logo for ChargeZone
ChargeZone
2018, Vadodara (India), Series A
Operator of electric vehicle charging stations and related software services
$97.5M
61/100
9th
Logo for Exicom
Exicom
1994, Gurugram (India), Public
Provider of electric vehicle charging solutions and critical power infrastructure
-
-
57/100
10th
Logo for TruePower
TruePower
2018, Bengaluru (India), Unfunded
Provider of electric vehicle charging hardware and software solutions
-
-
53/100
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EVRE's Latest cap tables and shareholding

Founders (largest shareholder) own 53.31%, Funds own 8.83%, Enterprises own 12.59% and Angels own 17.79%. The net worth of EVRE's founders is INR 76.1Cr as of Feb 05, 2024. The cap table displayed below is for AMPLIFY CLEANTECH SOLUTIONS PRIVATE LIMITED which is the legal entity associated with EVRE.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
53.31%
76.1Cr
2394381
6821937
3316956
5768859
2749351
4119505
6808088
8491310
8406964
2416769
Fund
8.83%
12.6Cr
3456356
2286589
7606390
3703683
7
1
4
1
1
2
Enterprise
12.59%
18Cr
1105940
5879974
1044874
8410998
Angel
17.79%
25.4Cr
3820036
3549602
3365185
6221015
568
937
218
991
541
709
ESOP Pool
7.47%
10.7Cr
9970329
6751565
1095187
3034815
Total
100.00%
143Cr
9142326
9626239
6285883
1526580
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

EVRE's Investments and acquisitions

EVRE has made no investments or acquisitions yet.

Reports related to EVRE

Here is the latest report on EVRE's sector:

News related to EVRE

lockFilter this list
Media has covered EVRE for 1 event in last 1 year.
•
EVRE Spearheads Commercial EV Charging Revolution In IndiaSafeguard Financial•Mar 06, 2024•EVRE
•
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