BizDateUp, one of the largest enablers for startup ecosystems, has made a strategic investment in VOICE (formerly EV91 Technologies), a leading innovator in sustainable mobility solutions. The ₹5 crore funding will help VOICE expand its operations by deploying 2,500 electric vehicles (EVs) and extend its reach to Tier 2 cities across India, focusing on eco-friendly last-mile delivery.
Jeet Chandan, Founder of BizDateUp, emphasized the importance of the logistics sector, which contributes to 25% of global carbon emissions. He noted the growing emphasis on environmental, social, and governance (ESG) principles, further reinforced by supportive government policies. “VOICE represents the future of logistics, combining sustainability, technology, and innovation,” he added, highlighting BizDateUp’s commitment to backing companies that drive positive environmental change.
In the past year, VOICE has experienced remarkable growth, with revenue increasing nearly sixfold and order fulfillment rising from 5 lakh to 20.94 lakh. The company has also significantly expanded its rider workforce, proving its scalability and capacity to meet rising demand for sustainable solutions.
Arun Kumar, Founder and CEO of VOICE, stated, “We aim to transform last-mile delivery logistics with sustainable EVs, which have already proven to reduce costs and enhance performance. With this funding, we will accelerate our expansion into underserved Tier-2 cities and continue driving India towards a greener future.”
Founded by Jeet Chandan and co-founded by Meet Jain, BizDateUp stands as one of the leading ecosystem enablers for startups, offering comprehensive support services that propel innovative ideas and visionary entrepreneurs to the forefront of their industries. With a strong focus on fostering a culture of innovation, BizDateUp empowers startups to challenge the status quo, develop groundbreaking solutions, and drive meaningful change in their sectors.
In the 2023-24 fiscal year, BizDateUp experienced significant growth and impact. The organization cemented its position within the startup ecosystem by successfully funding over 25 startups, raising a $10 million fund, and engaging with more than 1,000 active angel investors. Notably, BizDateUp delivered an impressive average return of 3.5X, highlighting its expertise in identifying and nurturing high-growth ventures. Through strategic investments, mentorship, and networking opportunities, BizDateUp continues to fuel the success of both startups and investors, contributing to the growth of a dynamic and thriving ecosystem.
