BizDateUp Technologies announced the appointment of its Co-founder, Jeet Chandan, as a Board Member of ZEVO, a leading tech-enabled electric vehicle (EV) mobility supply chain platform.
At 22 years of age, Jeet has already made a substantial impact on the startup landscape, with investments in over 25 startups, raising over $10mn, and achieving remarkable exits exceeding 8X returns.
ZEVO (ZERO EMISSION VEHICLE OPERATION), is Indiaโs first Electric Vehicle Supply Chain as a service platform enabling end-to-end supply chain solutions including first-mile procurement, last-mile delivery, temperature-controlled refrigerated delivery, forward and reverse logistics, and agricultural supply chain electrification. Some of Indiaโs leading brands including, Amazon, Flipkart, Myntra, Zepto, Delhivery, Meesho, Berger, Gati, Snowman Logistics, Maersk, BlueDart amongst others have partnered with them.
Reflecting on his appointment, Jeet Chandan, Co-Founder of BizDateUp said, "Joining as a Board Member at ZEVO marks an exciting chapter in my journey to drive impactful change in the mobility sector. With this collaboration, we aim to leverage our collective expertise to propel the platform's growth and impact in every possible way." He further added, โIndia's startup ecosystem is brimming with potential and talent. Through BizDateUp Technologies, we're dedicated to nurturing and empowering the next generation of entrepreneurs by providing comprehensive support services and mentorship programs. We aim to create a robust environment where startups can thrive and make a meaningful impact."
Aditya Singh Ratnu, CEO, ZEVO added, "His remarkable track record as a visionary entrepreneur and venture capitalist aligns seamlessly with our vision to redefine the EV industry standards by driving innovation, efficiency, and sustainability. With Jeet's strategic support and guidance, we are poised to accelerate our growth trajectory and create lasting value for our customers and stakeholders."
India is the fifth largest economy in the world, and the wave of startups and entrepreneurship is contributing to this growth. The country has become a global powerhouse with more than 1,12,718 startups recognised by DPIIT, ranking India as the third largest startup ecosystem after the US and China. While sustainability is becoming one of the top priorities for countries and businesses alike, the narrative around increasing the usage of electric vehicles (EVs) has taken centre stage in the past few years. As per the report, the Indian EV market houses various small as well as large EV startups and is estimated to reach $110.74 Bn by 2029.
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