When was EVRE founded?

EVRE was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is EVRE located?

EVRE is headquartered in Hyderabad, India. It is registered at 4th Floor, TTMC, BMTC Building, Yeshwanthpur Circle, Yesh, wanthpur, Bangalore, Bangalore, Karnataka, India, 560022.

Who is the current CEO of EVRE?

Jasti K Krishna karthik of EVRE. They have also founded 2 companies and are an angel investors in 1 startup.

Which legal entities is EVRE associated with?

EVRE is associated with AMPLIFY CLEANTECH SOLUTIONS PRIVATE LIMITED and 2 others.

How many employees does EVRE have?

As of May 31, 2026, the latest employee count at EVRE is 63.

Is EVRE a funded company?

EVRE is a funded company, having raised a total of $4.75M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 30, 2021.

How much is EVRE worth?

The latest valuation of EVRE is ₹***** as of Feb 05, 2024.

When was the latest funding round of EVRE?

EVRE's latest funding was a $***** Angel round on Feb 05, 2024, with participation from 3 investors.

What is the annual revenue of EVRE?

Annual revenue of EVRE is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does EVRE rank among its competitors?

EVRE ranks 13th amongst 213 active competitors, of which 35 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Battery Smart, which secured $15M in Apr, 2026.

Who are the top competitors of EVRE?

EVRE's top competitors include Statiq, Battery Smart and Bolt.Earth. Among them, Battery Smart secured the most recent funding round in April, 2026.

EVRE - 2026 Company Profile, Team, Funding, Competitors & Financials

EVRE is a series A company based in Hyderabad (India), founded in 2017 by Jasti K Krishna karthik, Chandresh Sethia 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 213 active competitors, including 35 funded and 4 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.

Website: www.evre.in/
Social
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

Angel, Feb 05, 2024, $*****

Post Money Valuation

₹***** as on Feb 05, 2024

Investors

CreedCap Asia Advisors & 33 more

Ranked

13^th among 213 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

63 as on May 31, 2026

Similar Companies

IONITY & 1256 more

View EVRE's full profile

EVRE is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
AMPLIFY CLEANTECH SOLUTIONS PRIVATE LIMITED CIN: U74999KA2017PTC103527 , India, Active	Jun 01, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	69 (As on Jul 31, 2024)
EVLAUNCH E-CHARGE INDIA PRIVATE LIMITED CIN: U74999KA2018PTC118564 , India, Strike off	Nov 15, 2018	0 - ₹10 Cr (As on Mar 31, 2019)	258 (As on May 31, 2025)
Shiva Nandi Ventures Llp CIN: AAO-0287 , India, Active	Jan 15, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	260 (As on Apr 30, 2025)

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2024	5251010	Angel	3842688	5493867	1502353	1450508
Apr 10, 2023	5781842	Series A	6887469	6044455	1630904	5200567
Jul 15, 2022	8736056	Seed	6547429	3231280	3606041	Helios Holdings & 4 more

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View details of EVRE's funding rounds and investors

The founders of EVRE are Jasti K Krishna karthik, Chandresh Sethia and Jeewak Jadhav. Jasti K Krishna karthik is the CEO of EVRE.

Here are the details of EVRE's key team members:

Jasti K Krishna karthik: Co-Founder & CEO of EVRE and founder of 2 other companies, Eye Dentify and Eyedentify Systems. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Chandresh Sethia: Co-Founder of EVRE and founder of 1 other company.
Jeewak Jadhav: Co-Founder & CBO of EVRE.

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
imqndhf	Team	-	Current	8y 9m
Jasti K Krishna karthik	Investor	-	Current	9y 1m

View details of EVRE's Founder profiles and Board Members

EVRE's employee count trend

EVRE has 63 employees as of May 26. Here is EVRE's employee count trend over the years:

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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	Statiq 2020, Gurugram (India), Series A	Manufacturer of electric vehicle charging hardware and operator of networks	$45.5M	Shell, Tenacity Ventures & 9 others	75/100
2nd	Battery Smart 2019, Delhi (India), Series B	Provider of battery-swapping network for electric two-wheelers and three-wheelers	$147M	Tiger Global Management, LeapFrog Investments ... & 47 others	74/100
3rd	Bolt.Earth 2017, Bengaluru (India), Series A	Provider of electric vehicle charging hardware, software, and support services	$29.6M	ITI Growth Opportunities, Prime Venture Partners ... & 37 others	71/100
4th	SUN Mobility 2017, Bengaluru (India), Series B	Provider of battery-swapping and energy as a services for electric vehicles	$135M	Bosch, Br Dhawan & 27 others	71/100
5th	Mooving 2020, Gurugram (India), Seed	Network providing battery swapping and leasing for electric vehicle fleets	$15M	-	64/100
6th	ChargeZone 2018, Vadodara (India), Series A	Operator of electric vehicle charging stations and related software services	$97.8M	Venture Catalysts, BlueOrchard & 198 others	61/100
7th	Zeno 2022, Bengaluru (India), Seed	Provider of high-performance electric mobility solutions	$9.5M	Trifecta Capital, Toyota Ventures & 9 others	59/100
8th	Battwheelz 2019, Gurugram (India), Seed	Provider of EV charging solutions powered by renewable energy	$334K	Univrese Green Advisory, Veelo Mobility & 6 others	53/100
9th	TruePower 2018, Bengaluru (India), Unfunded	Provider of electric vehicle charging hardware and software solutions	-	-	53/100
10th	Exicom 1994, Gurugram (India), Public	Provider of electric vehicle charging solutions and critical power infrastructure	-	-	53/100
13th	EVRE 2017, Hyderabad (India), Series A	Manufacturer of electric vehicle charging hardware and energy management software	$4.75M	CreedCap Asia Advisors, Steer Advisors & 32 others	52/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.31%	76.1Cr	3824395	9047404	3476367	8207770
Jasti K Krishna karthik	9578576	1039592	6850457	6403277	8447791	9617204
Fund	8.83%	12.6Cr	3665464	6350596	4272478	6361602
CreedCap Asia Advisors	5	5	3	2	8	2
Enterprise	12.59%	18Cr	2324005	2582492	4560820	7197790
Angel	17.79%	25.4Cr	1495235	8701757	1884267	3504843
Jakamputi Nithin Kumar	639	569	348	830	458	209
ESOP Pool	7.47%	10.7Cr	7734132	5677426	5585127	5734794
Total	100.00%	143Cr	6984897	9181317	1588058	2919852