EVeez offers weekly EV subscriptions (starting at ₹1,100) that bundle EV rental, insurance, battery swaps and rider training so gig workers can operate without large upfront costs. The company targets delivery, quick commerce and ride-hailing riders who cannot afford EV ownership. Today EVeez operates roughly 7,000 EVs across 15 cities and reports that 55% of its gig users are first-time workers while 45% migrated from petrol bikes. Riders report clear financial benefits from lower fuel and maintenance costs. EVeez plans to scale its fleet to 50,000 vehicles by FY2027 and expand service to 30 Indian cities to power 40,000+ new gig riders. The product mixes technology and human-centered operations to reduce operating costs for workers and emissions for cities. EVeez (a proprietary brand of TravelTech Experiences Pvt. Ltd.) offers electric vehicles on subscription for commute, delivery services, and in-campus mobility, targeting last-mile delivery players and gig economy workers. The company provides a full-stack solution for delivery partners and aggregators, with subscription plans designed around subscribers and technology to maximize vehicle uptime and useful life. EVeez operates in Delhi/NCR, Hyderabad, and Kolkata and reports a monthly revenue run-rate of over Rs 10 lakhs sustained over the past 18 months. The startup says its flexible subscription removes entry barriers for gig workers to join last-mile delivery or switch from petrol vehicles to EVs. Management plans to expand its eMobility subscription service to six new cities in the next six months and target 5x revenue growth. Founders state they will scale operations to unlock operational efficiencies and improve unit economics.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2025