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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Evify Logitech Private Limited |
|---|---|
| CIN | U63030GJ2021PTC123993 |
| PAN | AAGCE5487J (confirmed — Tofler + TheCompanyCheck agree) |
| Status | Active (confirmed on Tofler, updated 17 May 2026; also confirmed Active on TheCompanyCheck) |
| Listing | Not listed — private limited company, no stock exchange listing found |
| Incorporated | 09 July 2021 (confirmed — Tofler + TheCompanyCheck agree) |
| ROC | RoC Gujarat / Ahmedabad (Tofler states "Gujarat"; TheCompanyCheck states "Ahmedabad" — RoC-Ahmedabad is the RoC seat covering Gujarat state, so this is not a conflict, just different labels for the same registrar) |
| Sector (NIC) | 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. |
| Registered address | Office No. 809 & 810, 8th Floor, Titanium Business Hub, Opp. Akash Empire, Bhimrad Road, Surat, Gujarat, India – 395017 (confirmed — Tofler + TheCompanyCheck agree verbatim; also matches address on official site evify.co.in) |
| Authorized capital | Conflicting figures across sources: Tofler states ₹1.1 Cr (₹1.09 crore); TheCompanyCheck states ₹3 Crore. Not independently confirmed — flagged as a source conflict, treat as partial. |
| Paid-up capital | ₹79.3 Lakh / ₹79.35 lakh (confirmed — Tofler + TheCompanyCheck agree) |
Business Overview
Partial / conflicting- 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)
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Devrishi Nareshkumar Arora | 09233986 | Director 5-yr tenure per Tofler | - |
| Pragya Vineet Mittal | 09315775 | Director 5-yr tenure per Tofler | - |
Financials
Partial / conflicting- 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)
Charges & Loans
Confirmed- 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 (Indian Kanoon)
Confirmed- 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
Competitors
Partial / conflicting- 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
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