Venture Capital

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Ev2 Ventures

Ev2 Ventures is a venture capital firm focused on investing in the smart mobility and transportation technology ecosystem. It invests in category-defining...

Ev2 Ventures logo

Ev2 Ventures

Ev2 Ventures is a venture capital firm focused on investing in the smart mobility and transportation technology ecosystem. It invests in category-defining mobility startups at early to pre-series A stages and partners with ambitious entrepreneurs seeking sustainable impact. Ev2 invests exclusively in smart mobility startups in India.

General information

Firm type

Venture Capital

Location

Region

Asia

Country

India

City

Gurgaon

Corporate office

Gurgaon, India

Principals

Karan Mittal

Partner

Charles Owen

Co-founder

Vinay Mittal

Advisor

Dinesh Mittal

Advisor

Rajal Upadhyay

Advisor

Vishnu Sundaram

Advisor

Leo Kirby

Advisor

Samrat Ganguly

Advisor

Sector focus

Mobility & TransportationElectric VehiclesLogistics TechnologyAgriTech & FoodTechSupply Chain Tech

Frequently asked questions

Is Ev2 Ventures a sector-specific fund?

Yes. The firm invests exclusively in smart mobility, a mandate that covers electric vehicles, connected supply chain, logistics technology, micro-mobility, agri supply chain, warehousing tech, and the sharing economy. It does not invest in generalist Indian tech sectors such as fintech, healthtech, or enterprise SaaS unless the company falls inside its mobility definition.

What investment stages does Ev2 Ventures target?

The firm states it invests at early to pre-series A stages, focusing on seed and early-stage startups. It partners with companies that have a product in market and are on a rapid growth trajectory, providing capital, a sector-specific growth playbook, and access to a mentor community.

Does Ev2 Ventures invest outside India?

No. The firm’s website explicitly states a geographic focus limited to India. Its portfolio consists entirely of Indian-domiciled mobility startups.

Which portfolio companies has Ev2 Ventures publicly disclosed?

Publicly disclosed portfolio companies include Euler Motors (light electric commercial vehicles), Cogos Technologies (intra-city logistics aggregator), Enmovil Solutions (logistics analytics), Eveez (electric two-wheeler subscription), Alt Mobility (EV financing and asset intelligence), Swapp Design (four-wheeler automated battery swapping), Simactricals (EV wireless charging), Centriti (B2B HoReCa distribution and mid-mile logistics), Fambo (agri supply chain technology), and Rosh.ai (autonomous vehicle technology).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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