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TECHSOFIN PRIVATE LIMITED

Ward 65, Odisha

DPIIT recognised Locality AutomotiveTransportation & Storage

In their own words

Let's driEV, a brand of Techsofin Pvt. Ltd is an innovative urban mobility startup that quickly established itself as a key player in the transportation industry. Founded in June 2020 by a team of experienced entrepreneurs, Let's driEV is dedicated to revolutionizing the way people commute in urban areas by providing eco-friendly electric vehicle (EV) rental services.Despite facing challenges posed by the pandemic, Let's driEV achieved impressive growth, with a 316% increase in revenue compared to the previous year. Catering to a diverse customer profile, the company boasts an extensive waitlist of over 1300+ individuals eager to avail their subscription service. *Let's driEV* has also formed strong communities, offering exclusive riding privileges to more than 5000+ customers, including educational institutions and residential areas.The company strategically owns a significant portion of its fleet while utilizing operational leases to meet customer demand efficiently. Cutting-edge technology plays a pivotal role, with a proprietary software platform managing its fleet. In the current fiscal year, Let's driEV aims to expand its fleet from 860 electric vehicles to 4,000 vehicles, solidifying its market presence and accelerating growth in the urban mobility sector.Powered by a team of highly skilled individuals with diverse backgrounds, Let's driEV is committed to sustainability, customer satisfaction, and innovation. Recent achievements, including securing a term loan from the Small Industrial Development Bank of India (SIDBI) and receiving an invitation for the Stakeholder Consultation for Enabling an EV Ecosystem event, underline its credibility and potential in the urban mobility industry.

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP99339
CIN
U72900OR2020PTC033439
Incorporated (MCA)
2020
Registered on Startup India
2020
Self-declared stage
Validation
MCA status
Active
Company class
Private
Registrar
RoC-Cuttack
Authorised capital
₹1,50,00,000
Paid-up capital
₹92,71,060

driev.bike/

Funding signals

We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.

Where this is

Locality

Ward 65

Odisha

We know the area, Ward 65, but not the address. The pin below covers roughly a kilometre.

Geocode confidence: low

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Is this your company?

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