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IIT Guwahati startup EvyEnergy acquired by Zemetric

BNE News Desk , June 19, 2024
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Guwahati: The Indian Institute of Technology Guwahati (IIT Guwahati) has acquired EvyEnergy, a eMobility software platform founded by three of its students, by Zemetric, a provider of electric vehicle (EV) charging technologies, officials said. The graduates created a software platform catering to public, fleet, and destination charging with seamless payment options. 

The platform boasts nearly 3,000 charging ports on its ChargeConnect platform and mobile app, making it a preferred choice for Charging Point Operators (CPOs) and mobility providers for convenient charging access.

Professor Devendra Jalihal, director of IIT Guwahati, expressed pride in the achievements of the IITG alumni and their innovative venture, EvyEnergy. Jalihal said, "The acquisition grants Zemetric access to a market poised for exponential growth while incorporating proven software talent."

The ChargeConnect platform allows drivers to locate and access charging stations via its Charger Aggregator feature, while the Cloud Platform gives charger owners and operators total control over their charging systems. The intuitive interface provides real-time insights to CPOs and mobility providers, optimizing charging infrastructure and enhancing user experience.

IIT-Guwahati said in a release, "The partnership between EvYEnergy and Zemetric positions both players strategically in the rapidly growing Indian EV market while enhancing software capabilities for the North American market. This collaboration will enable IIT Guwahati alumni to contribute significantly to the global e-mobility industry."

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