ZEVO - About the company
ZEVO is a seed company based in Delhi (India), founded in 2022 by Dhruv Bhatia and Aditya Singh Ratnu. It operates as a Provider of electric vehicle solutions for sustainable commercial delivery operations. ZEVO has raised $3.2M in funding from Agility and Pegasus, with a current valuation of ₹*****. The company has 378 active competitors, including 79 funded and 21 that have exited. Its top competitors include companies like Veho, Workhorse Group and SiCepat.
Company Details
Provider of electric vehicle solutions for sustainable commercial delivery operations. The company offers electric vehicles, charging stations, and data-driven insights. It focuses on zero downtime, delivery tracking, and client support. The company provides electric refrigerated vehicles for temperature-sensitive goods. It also offers micro storage facilities and comprehensive training for drivers.
- Website
- zevoindia.in
- Registered Address
- Units 601,602 and 603, 06th Floor, DLF South Court Mall, Saket (South Delhi), South Delhi, New Delhi, Delhi, India, 110017
Key Metrics
Founded Year
2022
Location
Delhi, India
Stage
Seed
Total Funding
$3.2M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Oct 11, 2024
Ranked
33rd among 378 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
87 as on Jan 31, 2026
Similar Companies
Legal entities associated with ZEVO
ZEVO is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
REINVENT AGROCHAIN PRIVATE LIMITED CIN: U01119DL2022PTC393831 , India, Active | Feb 14, 2022 | 0 - ₹10 Cr (As on Mar 31, 2024) | 58 (As on Apr 01, 2024) |
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ZEVO's funding and investors
ZEVO has raised a total funding of $3.2M over 3 rounds. Its first funding round was on Jul 31, 2023. Its latest funding round was a Seed round on Oct 03, 2024 for $*****. 3 investors participated in its latest round. ZEVO has 8 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of ZEVO:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 03, 2024 | 6862077 | Seed | 3870804 | 4663683 | 2059757 | 5077389 |
Jul 12, 2024 | 2286132 | Seed | 3973587 | 6510620 | 3686128 | |
Jul 31, 2023 | 3175627 | Seed | 6657747 | 3197895 |
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ZEVO's founders and board of directors
Founder? Claim ProfileThe founders of ZEVO are Dhruv Bhatia and Aditya Singh Ratnu. Aditya Singh Ratnu is the CEO of ZEVO.
Here are the details of ZEVO's key team members:
- Dhruv Bhatia: Co-Founder & COO of ZEVO. They serve on the board of 1 company.
- Aditya Singh Ratnu: Co-Founder & CEO of ZEVO. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
ZEVO's Board of Directors
ZEVO's board has 3 active members. Dhruv Bhatia and Aditya Singh Ratnu are part of team and Jeet Mukesh Chandan is independent board member.Here is the list of ZEVO's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 7m | |
Team | - | Current | 4y 8m | |
Independent board member | - | Current | 2y 8m |
View details of ZEVO's Founder profiles and Board Members
ZEVO's employee count trend
ZEVO has 87 employees as of Jan 26. Here is ZEVO's employee count trend over the years:
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ZEVO's Competitors and alternates
Top competitors of ZEVO include Veho, Workhorse Group and SiCepat. Here is the list of Top 10 competitors of ZEVO, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Veho 2016, Boulder (United States), Series B | AI-enable last-mile delivery services for e-commerce companies | $300M | 73/100 | |
2nd | Workhorse Group 2007, Cincinnati (United States), Public | Manufacturer of electric vehicles and related components for transportation solutions | $35.8M | 68/100 | |
3rd | Provider of standard and custom delivery and logistics solutions | $224M | 65/100 | ||
4th | Provider of last-mile e-commerce delivery solutions | $383M | 64/100 | ||
5th | App-based platform providing last-mile B2C delivery services | $1.1B | 64/100 | ||
6th | Provider of on-demand delivery services for businesses and individual customers | $7.69M | 64/100 | ||
7th |  deliver better 2016, Ottawa (Canada), Series A | Platform offering last-mile delivery services through electric vehicle fleet | $23.5M | 62/100 | |
8th |  Standard Fleet 2021, Walnut (United States), Series A | SaaS-driven provider of EV fleet management solutions | $20M | 61/100 | |
9th | Gordon Delivery 2015, Stockholm (Sweden), Public | Crowdsourced end-to-end delivery services for businesses | $17.5M | 59/100 | |
10th | A company specializing in hyper-local connectivity solutions for enterprise customers to ensure last-mile fulfillment | $17.3M | 59/100 | ||
33rd | Provider of electric vehicle solutions for sustainable commercial delivery operations | $3.2M | 47/100 |
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ZEVO's Investments and acquisitions
ZEVO has made no investments or acquisitions yet.
Reports related to ZEVO
Here is the latest report on ZEVO's sector:
News related to ZEVO
Filter this list•
Zevo in talks to raise Series A funding to expand EV fleet, fulfillment centresVCCircle•Mar 12, 2025•ZEVO, Pegasus
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ZEVO eyes first-mile and mid-mile delivery after conquering last-mile EV logisticsYourStory•Jan 21, 2025•ZEVO
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Ev Recharge Collaborates With Zevo On Mobile Fast ChargingElectronicsforyou•Oct 22, 2024•EV Recharge, ZEVO, Zevo
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ZEVO raises $2 million in funding to deploy 5,000 electric vehiclesIndian Startup News•Oct 03, 2024•ZEVO, Pegasus, BizdateUp, JITO Incubation & Innovation Foundation
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Emobility Startup ZEVO Nets $2 Mn From BizDateUp, OthersInc42•Oct 03, 2024•ZEVO, BizdateUp, Pegasus, JITO Incubation & Innovation Foundation
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Motovolt Delivers First Batch of M7 E-Scooters To ZEVO, Financed By RevfinNews18•Aug 09, 2024•Motovolt, ZEVO, RevFin
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Quantum Energy and ZEVO Join Forces to Accelerate EV 2W Adoption in Last Mile Delivery and Fleet SegmentBusinessnewsthisweek•Jun 13, 2024•Quantum Energy, ZEVO
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ZEVO And Zen Mobility To Deliver 3,000 Zen Micro Pods AnnuallyElectronicsB2B•May 24, 2024•ZEVO, ZEN Mobility
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Zevo India Aims For 50% Solar-powered Evs In Logistics By Fy25ElectronicsB2B•May 21, 2024•ZEVO, MachPhy
•
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