1
2024 [Link]
2
CORE TEAM
Arun Kumar.V Lalith Kumar B.J. Manoj Kumar.M
Founder & CEO Co-founder & CBO Co-founder & COO
12+ years experience, Ex-BGauss 12+ years experience, Ex-HDFC 12+ years experience, Ex-Tata1MG
2024 [Link]
PROBLEM STATEMENT 3
Pollution Global warming Fuel Price
2024 [Link]
Centralized logistics is proving ineffective. 4
No
supply High Fuel
control Price
High Less EV High
Price in adoption cancellation
Last-mile
2024 [Link]
The surge in consumer demand is fueling 5
hyperlocal logistics.
CAGR: 31%
Thriving Q-commerce E-commerce
Upto $150bn by 2025
CAGR: 67%
Increasing gig economy
Grocery & Q-commerce
EV91’s Focus for now
Upto 8mn by 2025
CAGR: 59%
India is 2W market Bike Taxi
TAM
82% 2W penetration of
total vehicles
$26bn
CAGR: 63%
Scattered and disorganized
fleets
Food
2024 [Link]
Govt. Encouraging EV 6
2024 [Link]
EV91’s EV penetration in Logistics 7
Banks, NBFC, Fintech Delivery Executives Logistic Companies
BANK
High NPA | Untried EVs No CIBIL | Repetitive gig work. Light Asset| EV Focus
Value Offering
Safe EV financing Hassle-free bike leasing Zero churn at fixed cost
Escrow Ontime Green asset Less Down Steady On-time Multi-client Fixed rate Carbon
Live tracking No attrition Live visibility
comfort Repayments investment Payment income maintenance access per order offset portal
2024 [Link]
EV91’s sustainable EV ecosystem 8
Enhance uptime
with exclusive
charging/swapping
Reliable rider stations.
supply to the top On-time salary to
clients in the the riders working
market under EV91
Mother Hubs ensuring Micro Hubs ensuring
smooth deployment & the on-time support to
return of EV the riders
2024 [Link]
Easy and Hassle-free EV ownership 9
Hard-earned Saves more
money goes to money with an
Personal and fuel. EV EV91 covers
bike insurance rider & bike
burdens. Moves to town insurance.
for work
Relocates for Lifecycle of a
Works as a
stable Delivery rider
delivery rider
employment in 12 months
No DP & EMI
Loan and down
with EV91
payment stress
Does extra
gigs to earn
more
Petrol rider EV91 rider
Bike maintenance
stress On-time maintenance
support
Hurdles in working Flexibility with
with multiple clients multiple clients
2024 [Link]
EV91’s fleet safety Tech and SOPs 10
Hassle-free
OEM
Onboarding &
warranty
De-boarding
IOT for Physical
keyless undertaking
connectivity
Geo-fence Insurance
tracking
Penalty
deducted
from rider’s
Riders contact payout
2024
listing [Link]
Revenue model 11
[Link] Description Amount
[Link] Description Amount
1 Avg. Rider monthly earnings 26000
1 Financier EV Lease Amount 4300
2 EV91 Margin 7%
2 AMC 350
3 Margin Amount 1820
3 Charging cost 40
4 Rider EV rent/month 5600
Total spend/vehicle 4690
5600
Total revenue/Rider 7420
[Link] Description Amount
1 Total revenue/Rider 7420
2 Total spend/vehicle 4690
Actual Revenue 2730
2024 [Link]
Revenue model in Graph 12
2024 [Link]
REVENUE & ORDERS GROWTH 13
Revenue chart Orders chart
Riders chart
FY 2023-2024
FY 2024-2025
2024 [Link]
FY 2023-2024 Vs FY 2024-2025 14
Our Monthly Recurring
Revenue (MRR) grew
significantly from ₹21.23 FY 2023-2024
lakhs in FY 2023-2024 to
₹91.73 lakhs in FY FY 2024-2025
2024-2025, an increase of
approximately 332.68%.
PROJECTION & FORECAST 15
● By the Financial year 24-25 we are aiming for an ARR ₹27 Cr+
revenue.
● By the end of FY 24-25 we are anticipating 1500 vehicles.
● By next 4 years we are aiming for 8000 vehicles and ₹230 Cr+
revenue.
2024 [Link]
16
MOBILE APPLICATION
PRODUCT
SHOWCASE
We're currently in the
development phase of a mobile
application and are excited to
share our progress with you.
Attached are snapshots of the
prototype, offering a glimpse into
the functionality and design we're
working on.
2024 [Link]
EV91’s awards and milestone 17
1 Mn+ Orders KTCC Business Awards 2024
delivered - Best Startup in EV logistics
2024 [Link]
Future Strategy
Greater control over supply and Increased vehicle utilization
infrastructure
Unlock new opportunities Worldwide expansion
1. PAN India
2. SE Asia -
3. Arab countries
2024 [Link]
TRACTION & EXPANSION
PLANS 2023 01
We have launched in
Chennai, Bengaluru
& Hyderabad
25% Growth
5K+EVs by 2027
on MOM 2024
We have successfully 02
launched in Mumbai ,
Pune & Vijayawada
and will expand to all
85% Vehicle 1 Mn+ orders
southern Tier-2 cities
Uptime delivered
2025 03
Mumbai
Pune
We are planning to Hyderabad
launch Delhi, NCR. Vijayawada
254.3085 metric Bengaluru Chennai
tonnes saved
2026
We are planning to 04
expand in all
northern Tier-2 cities
2024 [Link]
EV91’s solution for EV adoption in Logistics 20
Reducing rider Better control on Better pricing for Tech based Better pricing for
churn supply delivery evolution delivery
2024 [Link]
OUR PARTNERS 21
Key Partners
Pilot Programs Partners in Pipeline
STRATEGIC PARTNERS
Finance OEM IoT
FUND RAISE PLAN 22
● Raising $1 Mn
● Ready to dilute 20%
equity
● Milestone by Mar’25:
₹27 Cr ARR, 1.5k+
EVs, 8+ cities
2024 [Link]
GET IN TOUCH 23
WITH US
Location:
No.17 RK Complex, 17th F cross, Indiranagar,
Bengaluru
Email:
arun.v@[Link]
Call:
+91 9964975537
[Link]
2024 [Link]
