2020
Hyderabad (India)
Seed
OHM E Logistics is an eco-friendly electric mobility provider specializing in sustainable transportation solutions. The company operates in the logistics and personal transportation sectors, offering electric cab services (airport-to-city and intra-city) and cargo logistics using zero-emission vehicles. OHM’s unique value proposition lies in its integrated EV ecosystem—combining passenger comfort with commercial logistics efficiency—and partnerships with major automakers like Citroën, BYD and Tata Motors.
Electric Cab Services: Airport-to-city and intra-city rides in Hyderabad/Secunderabad.
Premium amenities: Wi-Fi, sanitizers, candies, and spacious EV models (Citroën ë-C3, BYD e6, MG ZS).
E-Commerce Logistics: Last-mile delivery for Amazon, Flipkart, and BigBasket using electric 3-wheelers and 4-wheelers. Mid-mile cargo solutions with BYD M3 and Veera EVs.
Fleet Management: End-to-end services including driver training, charging infrastructure, and AI-driven route optimization.
Corporate Solutions: Dedicated EV fleets for employee transportation and B2B leasing.
Service Fees (70%): Cab rides (B2C) and logistics contracts (B2B) generate per-transaction revenue. E-commerce deliveries contribute 50% of logistics income.
Fleet Leasing (20%): Licensing EVs to partners like GMR Hyderabad Airport.
Subscription/Tech Fees (10%): Premium analytics and API access for enterprise clients.
B2C (40%): Individual users booking via OHM’s iOS/Android apps.
B2B (60%): E-commerce giants, airports and corporate fleets.
E-Commerce Partnerships: Amazon, Flipkart, and BigBasket for last-mile delivery contracts.
Infrastructure Alliances: GMR Hyderabad Airport Exclusive electric cab operator since 2022.
Investors: GetVantage (₹1.8 crore, 2024) and strategic angels.
Geographic Expansion: Targeting 30 cities by 2026, including Tier-II hubs like Bhimavaram and Guntur.
Fleet Scaling: Deploying 2,300+ EVs (mid-mile and last-mile) by 2025.
Tech Innovation: AI-driven demand forecasting and blockchain-based cargo tracking (piloting Q4 2025).
EV Infrastructure: Building proprietary fast-charging networks in high-demand corridors.
Regulatory: Evolving state-level EV policies and GST complexities.
$296 K
2
$214 K, Seed
as of October 23, 2024
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as of N/A
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as of N/A
VCAPL
33
Baaz
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
October 23, 2024 | Seed | $214 K | - | - | - | VCAPL |