Established
2019
Franchise Units
32
Minimum Investment
₹ 50,00,000
Franchise Fee
₹ 10,00,000
Total Investment Range
₹ 1,00,00,000
Home Based
No
Description
In a country where the "gig economy" is no longer just a buzzword but a backbone of urban logistics, EVeez has emerged as a powerhouse of sustainable mobility. As India’s premier Electric Mobility-as-a-Service (eMaaS) platform, EVeez bridges the gap between the rising demand for last-mile delivery and the high costs of vehicle ownership.
The brand’s concept is simple yet revolutionary: providing subscription-based electric two-wheelers to delivery partners, small businesses, and daily commuters. By removing the burden of maintenance, insurance, and high upfront capital, EVeez has positioned itself as the go-to partner for giants like Zomato, Swiggy, and Flipkart. For a franchise seeker, this means stepping into a business with a pre-sold audience. You aren't just selling a product; you are providing an essential tool for income to thousands of riders in the thriving hyperlocal and e-commerce sectors. With its distinctive orange fleet, EVeez is not just a brand—it is a visible symbol of India's green revolution.
Why Invest in this Franchise?
Investing in an EVeez franchise is more than just a financial decision; it’s a strategic move into the future of urban transport. Here is why it stands out:
Predictable Recurring Income: Unlike retail models that depend on daily walk-ins, EVeez operates on a subscription basis, ensuring a steady, monthly cash flow.
High Demand Sector: With India's gig workforce projected to reach 2.35 crore by 2030, the demand for affordable, electric two-wheelers is at an all-time high.
Government Backing: Benefit from the Indian government’s push for EV adoption through FAME-II and various state-level subsidies.
Low Operational Hassle: EVeez provides the tech stack and the "playbook," significantly reducing the trial-and-error phase for new business owners.
Scalability: The modular nature of the fleet allows you to start small and expand your units as your local market grows.
Background
Established Year: 2019
Founders: Abhishek Dwivedi and Gaurav Rathore
Headquarters: Gurugram, Haryana
Brand Journey: Started as an e-bike rental for travelers (Let’s Play) in 2018, the founders pivoted to the gig economy in 2019. They have since raised over $6.3M (Series A) from prestigious investors like the Michael & Susan Dell Foundation.
Active Units: Currently operating in 18+ cities with over 32 active franchise outlets and a fleet of 10,000+ vehicles.
Industry Category: Electric Mobility / Logistics / EV Rentals
Market Presence: Strong foothold in Delhi-NCR, Hyderabad, Bangalore, and rapidly expanding into Tier-2 and Tier-3 cities like Bokaro and Siliguri.
Support Training
EVeez ensures that its franchise partners are never "riding solo." The support system is comprehensive:
Pre-Launch Support: Assistance with site selection (though they often provide the space), city-specific market analysis, and vehicle procurement.
Operational Training: A deep-dive into the EVeez tech platform, which handles everything from battery monitoring and GPS tracking to billing.
Marketing & Branding: National-level brand building and local lead generation strategies to attract delivery riders and B2B clients.
Academic/Technical Support: Specialized training for technicians. EVeez even operates a dedicated "Women’s Hub" to train female technicians, a culture they encourage partners to adopt.
Ongoing Maintenance: Access to the centralized supply chain for spare parts and battery swap infrastructure.
Ideal Candidate
EVeez looks for partners who are "Execution-First" individuals.
The Entrepreneur: Someone with a background in logistics, automobiles, or general operations who understands the local urban landscape.
Passion: A genuine interest in sustainability and the EV ecosystem is a must.
Investment Capability: Ability to deploy capital for fleet expansion beyond the initial setup.
Location Preference: Residents of Tier-1 or emerging Tier-2 cities with high density of delivery hubs, warehouses, or commercial centers.
Financial Detail
| Category | Details (Estimated) |
| Total Investment Required | ₹50 Lakh – ₹1 Crore (Scalable) |
| Minimum Initial Investment | ₹50 Lakh |
| Franchise Fee | ₹10 Lakh |
| Infrastructure Cost | Managed largely by Franchisor (Property specifics vary) |
| Royalty/Commission | Revenue-sharing model (Typically 10-15%) |
| Marketing Budget | Included in corporate support (Local ads optional) |
| Expected ROI | 30% – 40% annually |
| Break-even Time | 18 – 21 Months |
| Revenue Streams | Monthly Subscriptions, B2B Fleet Leases, On-demand Rentals |