EV Logistics Startup Raising Seed Funds In Noida
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About Business
Business Journey
Established under a parent enterprise, this smart logistics venture aims to modernize last-mile delivery through electric mobility. Operations began in the Delhi NCR region with a dedicated fleet of electric vehicles, catering to businesses in need of eco-friendly, reliable, and cost-effective transportation. .
Current fleet size: 40 electric vehicles
Services
1. Electric Vehicle (EV) Logistics Solutions
– First-mile, mid-mile, and last-mile delivery
– Fully compliant EV fleet (including Tata Ace EV, Piaggio Ape E-Xtra, and others)
– Real-time tracking and route optimization for efficient deliveries
2. Driver + Vehicle Leasing Model
– Vehicles deployed with trained and verified drivers
– Fixed monthly pricing designed for B2B clientele
– Maintenance, charging, and regulatory compliance managed entirely by the business
3. Customized Logistics Support
– Warehouse-to-retail delivery solutions
– Intra-city, point-to-point goods transportation
– Dedicated fleet allocation tailored to enterprise requirements
Unique Selling Proposition (USP)
– 100% Electric Fleet: Reduces both emissions and operational costs
– Tech-Enabled Operations: Live GPS tracking, digital proof of delivery, and optimized routing
– End-to-End Management: Comprehensive service including driver provision, insurance, vehicle servicing, and charging
– Flexible Fleet Deployment: Scalable solutions ranging from individual vehicles to full city-wide fleets
Future Roadmap
– Metro Expansion: Planned rollout of services in Mumbai, Bangalore, Chennai, and Hyderabad
– Platform Launch: Development of an app-based aggregator platform for SMEs requiring daily logistics
– Fleet Growth: Aiming to scale operations to 100+ electric vehicles by 2026 through strategic collaborations
– Charging Infrastructure: Plans underway to establish proprietary EV charging hubs across key urban delivery zones
Clientele type
Logistics and courier service providers like Delhivery, DH, etc.
Premises
The business is currently operated from a home office.
Asking Price Includes
The promoter is willing to discuss the terms with the potential investors
Asking Price
INR 10.00 L
Minimum ticket size
INR 5.00 L
Reason
The company is seeking to raise funds to accelerate growth by expanding its business operations.
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₹10 to ₹200 Cr
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