Company Intelligence Profile
Prakriti E-Mobility Private Limited
Delhi-based all-electric app-based cab operator (brand "Evera") and EV charging network, legal entity behind Evera Cabs and Eprakriti.
Last updated 10 August 2026
Prakriti E-Mobility Private Limited operates under the "Evera" brand, offering India's largest all-electric app-based cab service and an EV charging network. The company achieved a 52% year-over-year revenue growth in FY2024, with reported external funding totaling approximately US$11.14 million, including US$4 million from Mufin Green Finance Ltd in 2025.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Prakriti E-Mobility Private Limited |
|---|---|
| CIN | U63030DL2019PTC355360 |
| PAN | AAKCP7820L |
| Status | Active (Unlisted Private Limited); last updated on Tofler 30 May 2026 |
| Listing | No — unlisted private limited company |
| Incorporated | 20 September 2019 |
| ROC | RoC-Delhi |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹1.00 Crore |
| Paid-up capital | ₹1.44 Lakh |
Business Overview
- Prakriti E-Mobility Private Limited operates the "Evera" brand — described as India's largest all-electric app-based cab service — and the "Eprakriti" EV charging-station network
- Founded 2019, it serves B2C (airport transfers, individual commuters) and B2B/corporate segments in Delhi-NCR with a no-driver-cancellation, no-surge model and full-time certified drivers
- DPIIT-recognised startup
- In 2025 it began taking possession of ex-BluSmart EVs (reported ~220 taken, plan to acquire ~500) to expand Delhi airport services
Directors & DINs
4 directors (DINs from Tofler):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vikas Bansal | 08328041 | - | 20 Sep 2019 |
| Rajeev Tiwari | 08348530 | - | 20 Sep 2019 |
| Nimish Trivedi | 03531060 | - | 17 Oct 2022 |
| Arthit Narula | 10014130 | - | 07 Nov 2022 |
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 07AAKCP7820L1ZY | Delhi | AAKCP7820L (source: Tofler) | - |
| 09AAKCP7820L1ZU | Uttar Pradesh | AAKCP7820L (source: Tofler) | - |
PAN: AAKCP7820L. GSTINs identified: - 07AAKCP7820L1ZY — Delhi (state code 07; home state, primary registration given RoC-Delhi and registered office in Delhi) — cited by MastersIndia/search corroboration; status not independently confirmed → partial. - 09AAKCP7820L1ZU — Uttar Pradesh (state code 09) — listed on KnowYourGST (individual GSTIN page). Number of registrations: at least 2 (Delhi + UP). GSTIN status: not obtained (not confirmed active on a primary GST portal within blocked-source rules).
Financials
Prakriti E-Mobility Private Limited reported a significant 52% year-over-year revenue growth in FY2024 with an operating revenue of ₹9.38 Cr. In FY2025, their revenue ranged between ₹10-50 Cr according to TheCompanyCheck.
Standalone:
- FY2024 (year ended 31 Mar 2024): Operating revenue ₹9.38 Cr, ~52% YoY growth. EBITDA / PAT / net worth: not obtained (locked behind paid report).
- FY2025 (year ended 31 Mar 2025): financials filed
- Tofler notes (referencing an earlier period, ~Mar 2023): total borrowings +61.62%, total assets +102.53%, debt-to-equity 4.85, and a 58.16% YoY total-revenue decline — figures are period-specific and partly conflict with the FY2024 growth figure; treat as directional only.
Exact EBITDA, PAT, net worth and borrowings figures: not obtained (behind paywalls). Consolidated statements: none found (company files standalone).
Funding
Total reported external funding ~US$11.14 million:
| Jun 2025 | ~US$4 million from Mufin Green Finance Ltd, structured as hybrid convertible debentures + debt |
|---|---|
| Earlier (seed) | ~US$7.14 million from IEG (India Emerging Ventures / Infra.Market-linked) and others |
Valuations not disclosed.
Charges & Loans
Open/registered charges total ~₹7.9–8.09 Cr across 4 charges:
- Mufin Green Finance Ltd — ₹4.5 Cr (29 Apr 2025)
- Mufin Green Finance Ltd — ₹3.0 Cr (21 Nov 2024)
- Axis Bank Ltd — ₹0.4 Cr (18 Jun 2024)
- ICICI Bank Ltd — ₹0.2 Cr (08 Jan 2020)
Legal / Litigation
Cases via Indian Kanoon (all Delhi, employment/contract related):
- Umanath Singh vs Prakriti E-Mobility Management — Delhi District Court, 18 Aug 2023 (civil/employment dispute).
- Anand Kumar Singh vs M/s Prakriti E-Mobility & Anr. — labour matter (Labour Department Delhi), surfaced in CIC order dated 26 Feb 2024.
- Dipanshu Singh vs GNCTD — CIC, 26 Feb 2024 (RTI seeking the contract between Prakriti E-Mobility and CATS, Delhi's Centralised Accident & Trauma Services).
No material corporate insolvency or high-value litigation found.
Competitors
- BluSmart Mobility (Gurugram; all-electric ride-hailing; larger scale but suspended NCR/Bengaluru/Mumbai ops in 2025 — Evera acquiring its EVs)
- Uber India (very large, multi-modal, adding EVs)
- Ola / Ola Electric (very large)
- MoEVing (EV logistics/mobility, mid-scale)
- SmartE / Treeon (last-mile EVs, mid-scale)
- Lithium Urban Technologies (B2B corporate EV fleets, mid-scale)
Evera positions as a Delhi-NCR premium all-electric cab operator (small-to-mid scale relative to Uber/Ola).
Frequently Asked Questions
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