India’s EV sector is buzzing with innovation, with B2B startups leading the way in revolutionizing commercial transportation and logistics. The Indian EV market is projected to grow at a CAGR of 44% between 2022 and 2030, reaching a valuation of $15 billion by the end of the decade.
Government incentives, environmental concerns, and the need for cost-efficient mobility solutions are pushing businesses to adopt EVs at an unprecedented rate. Amid this electrifying growth, certain B2B EV startups are carving a niche with their disruptive ideas, customer-centric services, and scalable solutions.
Here’s a look at the top five B2B EV startups in India that are making waves and holding tremendous growth potential.
1. Zypp Electric
- Founded in: 2017
- CEO/Founder: Akash Gupta
- Headquarters: Gurugram
Zypp Electric has established itself as a key player in the last-mile delivery ecosystem. With a fleet of electric two-wheelers, Zypp serves e-commerce giants, grocery stores, and food delivery platforms, providing zero-emission logistics solutions. Their subscription-based model makes it easy for businesses to access affordable, eco-friendly delivery vehicles.
What Makes Them Special:
Zypp Electric’s proprietary IoT-enabled platform allows seamless fleet tracking and optimisation, improving delivery efficiency while reducing operational costs. They’ve already onboarded marquee clients like Amazon, Flipkart, and BigBasket, showcasing their ability to scale and deliver impact.
2. Dynem by EMotorad
- Founded in: 2020
- CEO/Founder: Kunal Gupta
- Headquarters: Pune
Dynem, a manufacturing arm of EMotorad, has emerged as a leader in producing electric cycles and other mobility solutions tailored to the B2B market. With state-of-the-art facilities adhering to Industry 4.0 standards, Dynem aims to strengthen India’s EV supply chain by offering high-quality, domestically produced components.
What Makes Them Special:
Dynem’s focus on innovation and integration sets it apart. Manufacturing critical EV components locally it reduces dependency on imports and helps OEMs achieve cost efficiency. Additionally, Dynem is leading India’s efforts to build a self-reliant EV ecosystem and is eyeing expansion in global markets.
3. Zen Mobility
- Founded in: 2020
- CEO/Founder: Namit Jain
- Headquarters: New Delhi
Zen Mobility specializes in purpose-built electric vehicles for specific industries, such as logistics, passenger transport, and intracity travel. Their product lineup includes custom electric vans and commercial vehicles that meet the unique demands of B2B clients.
What Makes Them Special:
Zen Mobility’s vehicles are designed with flexibility and scalability in mind. Their ability to deliver tailored solutions and a strong focus on reducing total cost of ownership (TCO) for businesses makes them a go-to partner for enterprises looking to electrify their fleet. Their commitment to quality and customisation has won them partnerships with key industry players.
4. MoEVing
- Founded in: 2021
- CEO/Founder: Vikash Mishra
- Headquarters: Gurugram
MoEVing is a tech-enabled platform that accelerates the adoption of EVs for logistics and mobility solutions. The company partners with fleet operators, driver entrepreneurs, and businesses to provide integrated solutions for EV adoption, charging infrastructure, and financing.
What Makes Them Special:
MoEVing’s ecosystem approach to electrification is groundbreaking. Addressing pain points such as high upfront costs and lack of charging infrastructure makes it easier for businesses to transition to EVs. Their platform leverages data analytics to ensure fleet efficiency and energy optimisation, providing a competitive edge to their clients.
5. Greaves Electric Mobility
- Founded in: 2019 (as part of Greaves Cotton)
- CEO/Founder: Sanjay Behl
- Headquarters: Bengaluru
Greaves Electric Mobility focuses on producing electric two-wheelers and three-wheelers for businesses across diverse industries, including retail, logistics, and last-mile delivery. Under its umbrella, it offers a comprehensive range of B2B solutions with brands like Ampere and ELE.
What Makes Them Special:
Greaves Electric Mobility’s vast distribution network and in-house manufacturing capabilities give it an edge in scalability and quality control. It is one of the few companies in India capable of effectively serving both urban and rural markets. Its strong financial backing and commitment to sustainable innovation make it a standout player in the EV landscape.
