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Energy Tech Series A Founded 2017

EVRE

EVRE manufactures electric vehicle charging hardware and energy management software, providing reliable, efficient, and stress-free EV charging solutions for customers, communities, and fleets. The company offers a comprehensive product range including AC chargers (Halo, Infinity, Ion, AC001) and DC fast chargers (Sonic, Super Sonic), all compatible with every EV brand. EVRE has deployed over 10,000 chargers across…

📍 Hyderabad, India · Electric Vehicles,

Funding snapshot

Last roundSeries A
Amount$2M
Date5 February 2024
Total raised$5M
Valuation17,197,612 (Feb 5, 2024)
Team size63

About

EVRE manufactures electric vehicle charging hardware and energy management software, providing reliable, efficient, and stress-free EV charging solutions for customers, communities, and fleets. The company offers a comprehensive product range including AC chargers (Halo, Infinity, Ion, AC001) and DC fast chargers (Sonic, Super Sonic), all compatible with every EV brand. EVRE has deployed over 10,000 chargers across 100+ cities and towns in India, achieving approximately 70% localisation in manufacturing. The company differentiates itself through patented parking slot availability detection and license plate-based user authentication, enabling plug-and-charge capabilities for fleet operators. EVRE serves multiple use cases including builders (with regulatory compliance, integrated load and phase management, and BMS/EMS integration), charge point operators, EV fleets (with ALPR integration and vehicle-specific charging insights), EV OEMs, businesses, and government institutions including discoms, fuel retailers, and PSUs. The company provides end-to-end solutions encompassing electrical and civil works, operation and maintenance, with comprehensive in-house R&D capabilities. Founded in 2017 and headquartered in Hyderabad, India, EVRE has raised $4.7M in Series A funding from investors including Helios Holdings, Josh Technology Group, ACKO, CreedCap Asia Advisors, and CIE IIITH.

Business model

Electric Vehicles > Charging Solutions > Station Network > Charging > Operators,

Energy Storage Tech > Charging > Station Network > Charging > Operators > Electric Vehicle,

MassChallenge Batches > Israel > 2022

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur

Institutional investors

Helios Holdings Fifteen Advisory Think3logixholdings Josh Technology Group Balaji Aura Infracon Banyan Tree Facilities VVAG Partners Palace Toyota ACKO CreedCap Asia Advisors Desertedge Ventures Akr Property Developers MassChallenge CIE IIITH Shiva Nandi Ventures

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