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ZEVO Secures Funding From Agility Ventures, Aims To Expand Operations

ZEVO will utilise the fund to expand its fleet of electric vehicles to 1000 3W & 4W. Last-mile delivery and integrated logistics will also be in focus

ZEVO Secures Funding From Agility Ventures, Aims To Expand Operations
Founders of ZEVO
POSTED ON August 24, 2023 4:25 PM

Integrated electric supply chain and warehousing platform, ZEVO announced an undisclosed amount of funding from Agility Ventures. The funding will be used to expand its fleet of electric vehicles and micro storages that focus on integrated and last-mile delivery solutions along with electric refrigerated deliveries, the company issued a statement informing about the development.   

The platform supply chain solutions using electric vehicles across various sectors, with an emphasis on refrigerated solutions. It offers end-to-end, zero-emission vehicles for operations, EV charging using renewable energy sources, real-time visibility and control, temperature-controlled refrigerated delivery, and refrigerated micro storage. By leveraging innovation and technology, it transforms the supply chain network, ensuring customer satisfaction and reliability on both mobility as a service and micro warehousing. 

“We chose to invest in Zevo because of its unique and forward-thinking approach to revolutionizing the logistics sector in India. Their commitment to sustainability, innovative use of electric vehicles, and end-to-end supply chain solutions align perfectly with our vision for the future of logistics. We believe that Zevo's expertise and offerings have the potential to transform the industry, and we are excited to support their growth as they lead the way towards a greener, more efficient, and cost-effective logistics landscape in India." Dhianu Das, Agility Ventures. 

"Securing funding from Agility Ventures is a significant milestone for ZEVO," said Aditya Singh Ratnu, CEO of ZEVO. "This investment will empower us to scale our operations and expand our reach, driving us closer to our vision of transforming the logistics and mobility landscape in India. We are excited to continue our mission of providing sustainable, efficient, and reliable supply chain solutions to our valued customers."

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