COMPANY INTELLIGENCE PROFILE
EVIFY LOGITECH PRIVATE LIMITED
Evify Logitech Pvt Ltd operates the "Evify" brand — described on its own website (evify.co.in) as running "India's first carbon negative EV Fleet" for B2B last-mile/local deliveries using electric vehicles.
Evify Logitech Pvt Ltd, incorporated on July 9, 2021, operates in the transport and logistics sector, focusing on EV-based last-mile delivery services under the "Evify" brand. Headquartered in Gujarat, it runs "India's first carbon negative EV Fleet" for B2B deliveries and manages the "EVEETO" logistics arm. Financial reports indicate significant growth, though figures should be treated with caution. The company is engaged in a legal dispute with Mestis Energy and lacks credit ratings.
AI-generated, may contain errors.
Business Overview
- Evify Logitech Pvt Ltd operates the "Evify" brand — described on its own website (evify.co.in) as running "India's first carbon negative EV Fleet" for B2B last-mile/local deliveries using electric vehicles.
- It also runs a logistics arm called "EVEETO" focused on EV acquisition, maintenance, and fleet delegation to client businesses.
- Per TheCompanyCheck, the company is DPIIT-recognised as a startup.
- Operating branches noted in Surat, Vadodara, and Ahmedabad (Gujarat).
- Source: official site evify.co.in, partial — no independent corporate filing describes business scope in this much detail; NIC code is a broad transport/logistics classification.
Sector & Classification
Transport/logistics services — Tofler: "Supporting and auxiliary transport activities; activities of travel agencies" (NIC 63030 class, matches CIN prefix U63030); TheCompanyCheck: "Transport and logistics (integrated and diversified logistics services)". Business itself (per official site) is EV-based last-mile delivery/fleet logistics.
Directors & Key Management
Directors — source notes
Confirmed (Tofler + TheCompanyCheck agree on names/roles): 1. Devrishi Nareshkumar Arora — DIN 09233986 — Director (5-yr tenure per Tofler) 2. Pragya Vineet Mittal — DIN 09315775 — Director (5-yr tenure per Tofler) 3. Saurabh Rajan Nair — Nominee Director (per TheCompanyCheck) — DIN not obtained (not shown on either source's free view) Note: Devrishi Arora is also named as the company's authorized representative in an Indian Kanoon case filing, consistent with his director role.
GST Registrations
Not obtained. No individual GSTIN page could be retrieved (knowyourgst/findgst/mastersindia PAN-based lookups returned 404 or were inaccessible in this session). PAN AAGCE5487J is confirmed; home state is inferred as Gujarat from registered address/RoC but the primary GSTIN, registration count, and status are not obtained — flagged as a data gap, not to be guessed.
Financials
EVIFY Logitech Private Limited reported a revenue range of INR 1 Cr, 100 Cr for FY2023-24. Significant growth includes net worth up 947.67% YoY and total revenue up 334.5% YoY. Operating margin is 127.14%, and net profit margin 118.54%.
AI-generated, may contain errors.
| Partial, FY2023-24 (source | Tofler): Revenue reported only as a range "INR 1 Cr – 100 Cr", exact figure locked behind paywall |
| Net Worth growth | 947.67% YoY |
| Total Revenue growth | 334.5% YoY |
| Borrowings growth | 136.15% YoY |
| Assets growth | 312.46% YoY |
| Operating Margin | 127.14%, Net Profit Margin 118.54%, ROE 403.66%, ROCE 230.93%, Debt-to-Equity -1.54, these ratio figures appear unusually extreme for a logistics company and should be treated with caution — likely reflect a very small base/early-stage financials rather than being independently re-verified. |
| Separately, TheCompanyCheck states "As of FY2025, ~₹8 Crore revenue with approximately 40 employees" — this FY2025 figure is NOT the same period as Tofler's FY2023-24 figures and the two are not directly comparable | |
| No single source gives one clean audited P&L. Standalone vs consolidated basis not specified by either source. Net worth and PAT absolute values: not obtained (paywalled). | |
Funding History
- Not obtained / none found. No funding round, investor, or valuation data found in Tofler/TheCompanyCheck
- A full news search (Inc42/Entrackr) could not be run because the session's web-search quota was exhausted before this could be checked — treat as a data gap requiring a follow-up pass, not as confirmation of "no funding."
Loans & Charges
- Confirmed (Tofler): One charge/loan facility with WHEELSEMI PRIVATE LIMITED for ₹0.5 Cr (₹50 lakh), created 27 January 2023.
- Note: Wheelsemi is a known EV-leasing company, operates the "Zypp Electric" brand, — this is a lender/vendor relationship, not evidence Evify is a Wheelsemi group entity
- Flagged to avoid entity-confusion.
Legal & Compliance
- Confirmed (Indian Kanoon): "Evify Logitech Private Limited vs Mestis Energy Private Limited" — Civil Misc. Petition No. 717 of 2025, Karnataka High Court, dated 27 April 2026. Evify is the petitioner, represented by director Devrishi Arora
- Respondent is Mestis Energy Private Limited. Nature/outcome of the dispute not detailed in the search snippet, document ID 164065791, — would need the full judgment text for details.
Competitive Landscape
- EV-based last-mile/B2B logistics and fleet-as-a-service peers in India, rough scale tags, not verified against Evify's own scale: Zypp Electric / Wheelsemi Pvt Ltd, larger, funded EV delivery fleet operator — also Evify's lender per the charge record above, Yulu, EV mobility/delivery, well-funded, Euler Motors, EV commercial fleet, Battery Smart, EV battery-swapping for delivery fleets, well-funded, Blowhorn, logistics/last-mile, multi-city, Shadowfax, large last-mile delivery network, partially EV.
- These are named as sector peers based on general industry knowledge, not sourced from a single comparison document — flagged as a lighter-confidence section.
Frequently Asked Questions
What does Evify Logitech Pvt Ltd do?
Evify Logitech Pvt Ltd operates the 'Evify' brand, running India's first carbon negative EV Fleet for B2B last-mile/local deliveries using electric vehicles. It also runs a logistics arm called 'EVEETO' focused on EV acquisition, maintenance, and fleet delegation to client businesses.
When was Evify Logitech Pvt Ltd incorporated?
Evify Logitech Pvt Ltd was incorporated on 09 July 2021.
What is the CIN of Evify Logitech Pvt Ltd?
The Corporate Identification Number (CIN) of Evify Logitech Pvt Ltd is U63030GJ2021PTC123993.
Where is the registered office of Evify Logitech Pvt Ltd?
The registered office of Evify Logitech Pvt Ltd is located at Office No. 809 & 810, 8th Floor, Titanium Business Hub, Opp. Akash Empire, Bhimrad Road, Surat, Gujarat, India to 395017.
What sector does Evify Logitech Pvt Ltd operate in based on NIC classification?
Evify Logitech Pvt Ltd operates in the transport/logistics services sector, specifically classified under supporting and auxiliary transport activities; activities of travel agencies (NIC 63030 class).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.