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					</table><p>Bengaluru-based electric vehicle (EV) charging aggregation platform <a href="https://electricpe.com/" target="_blank" rel="noopener">ElectricPe</a> closed a pre-series A funding round of $5 million, taking the company’s total capital raised in the last 12 months to $8 million. The company said it will use the funds to deepen technology investments and scale its operations.</p>
<p>The funding round was led by Green Frontier Capital, Blume Ventures, and Micelio Fund, while notable investors from Dubai NB Ventures, Anchorage Capital Partners, Supermorpheus, and Climate Angels also participated in the fundraising.</p>
<p>ElectricPe is a Business-2-Customer EV charging and demand generation platform that offers EV users one spot to identify, access, and pay for charging points to make e-mobility easier. The company has dispensed 100 GWh of energy to date.</p>
<p>Co-Founder and CEO of ElectricPe Avinash Sharma said, &#8220;We&#8217;ve received positive consumer response to our offering of a single app to find, use and pay across any charging or swapping station. Our belief has always been in stage-by-stage capitalization as we ramp up our operations and create a holistic full-stack consumer-facing platform.”</p>
<p>Managing Partner at Green Frontier Capital Sandiip Bhammer said, “We are focused on investing in homegrown startups which have a strong vision and are proving their ability to provide a unique technology solution to the growing climate change issue.”</p>
<p>Since its incorporation in 2021, ElectricPe has installed 10,000 live charging points in Bengaluru. The company’s app has witnessed a 30% increase in usage month-on-month, in the past 7.5 months, with customers on the network completing 4 million green kilometers.</p>
<p>&#8221; We are excited to once again back the ElectricPe team to solve the issue of access to charging infrastructure and improve customer satisfaction,” said Shreyas Shibulal, CEO &amp; Founder of Micelio Fund.</p>
<p>“The EV sector is growing at a rapid pace and consumers are seeking full-stack solutions, in one place. Having a trusted dense network of charging/swapping points to find, use and pay will not only help increase adoption but also utilization of charging infrastructure,” said Arpit Agarwal, Director, Blume Ventures.</p>
<p>Last month, the Minister of Road Transport and Highways, Nitin Gadkari <a href="https://mercomindia.com/two-and-three-wheelers-dominate-indias-registered-electric-vehicles/" target="_blank" rel="noopener">informed</a> the lower house of Parliament that India has over 1.8 million registered EVs, with Uttar Pradesh accounting for nearly 23% of the total at 0.41 million.</p>
<p>Last April, Hero Electric <a href="https://mercomindia.com/daily-news-wrap-up-kerc-condones-delay-solar-project-vijayapura/" target="_blank" rel="noopener">partnered</a> with ElectriPe to provide the former’s customers with accessibility to ElectricPe’s charging network across India.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gourav-mishra/" class="vcard author" rel="author"><span class="fn">Gourav Mishra</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="50" /></p>
<p><strong style="text-decoration: underline">Gourav,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav.</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="89" height="102" /><a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">Gourav</a> is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master&#8217;s in journalism from Jain University, Bengaluru. <a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav Mishra</a></div>
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EV Charging Aggregation Platform ElectricPe Raises $5 Million in Funding


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					</table><p>Surat-based Electric Vehicle (EV) startup, <a href="https://www.evify.co.in/" target="_blank" rel="noopener">EVIFY Logitech</a>, has raised $100,000 in a seed round from angel investors, including We Founder Circle.</p>
<p>The company provides a technology-enabled EV logistics platform and aims to provide green logistics-based end-to-end services to e-commerce giants. It plans to develop its platform more extensively by adding Geofencing, customized BMS, telematics, client insights, and driver and fleet management.</p>
<p>EVIFY intends to transform the country&#8217;s last-mile deliveries to be electric and environment-friendly.</p>
<p>The company has partnered with food delivery giant Swiggy to deliver food orders through EVs in Gujarat. It has already started working on installing around 2,000 charging points in Surat for its fleet of EVs to reduce downtime.</p>
<p>&#8220;We are focused on setting our strong foot in Surat in the coming months through this funding round and develop our SOPs for expansion in multiple cities, including Vadodara, Ahmedabad, and Rajkot,&#8221; said Pragya Mittal, Co-Founder and CMO of EVIFY.</p>
<p>With Hero Electric, the company has signed an agreement to purchase 1,000 electric scooters to be deployed in various Tier-2 and Tier-3 cities. The company has its driver application and dashboard, which helps them track drivers and their performance.</p>
<p>As of April 2022, around 3,00,000+ green km have been completed, and 50,000+ green deliveries have been made. The company has also planned to develop the charging infrastructure in the city&#8217;s prime locations for better performance of its fleet. Their client list also includes Big Basket, Baba Express, and Ecom.</p>
<p>The platform also plans to install solar panels on its office rooftop, charging hubs, and warehouses.</p>
<p>In May this year, electric ride-hailing company BluSmart <a href="https://mercomindia.com/blusmart-raises-25-million-to-expand-its-electric-vehicles/" target="_blank" rel="noopener">raised</a> $25 Million in Series A funding to expand its EV fleet to six cities in India.</p>
<p>In January this year, another EV startup, Evage, <a href="https://mercomindia.com/evage-raises-28-million-seed-funding/" target="_blank" rel="noopener">raised</a> $28million in a seed funding round led by RedBlue Capital, a U.S.-based venture capital firm.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/vijayalakshmi-sridhar/" class="vcard author" rel="author"><span class="fn">Vijayalakshmi Sridhar</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><p><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/07/New-Project-6.jpg" width="77" height="102" /> <a href="https://mercomindia.com/author/vijayalakshmi-sridhar/" target="_blank" rel="noopener">Vijayalakshmi</a> is a staff reporter at MercomIndia.com. She has two decades of experience as an independent journalist and features writer, and her work is featured across various publications and genres such as business, food, and clean energy. <a href="https://mercomindia.com/author/vijayalakshmi-sridhar/" target="_blank" rel="noopener">More articles from Vijayalakshmi</a>.</p>
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EV Logistics Platform EVIFY Raises $100,000 in a Seed Funding Round

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