Bangalore, India, March 06, 2025: In the heart of Bangalore's startup ecosystem, unfolds a journey of a trio whose sustainable and innovative technology is changing transportation methods.
VOZI – a two-year-old electric bootstrapped
mobility startup has been changing the way people safely and comfortably move
around the city, fueled by clean green energy while simultaneously achieving a
milestone many startups only dream of: PAT (Profit After Tax) profitability.
For the Financial Year 2024-25, VOZI is on track to achieve ₹9 crore in annual
recurring revenue while hitting PAT profitability
VOZI was founded in 2022 by three ambitious entrepreneurs: Rajat
Hegde, CEO, Bharath Ramaswamy, COO, and Bhanu Kushwah, CTO of VOZI. They dared
to work towards an audacious vision of making urban mobility dependent on
electric transportation. With just five self-funded electric vehicles, VOZI
started operating in Bangalore.
At present, that modest beginning has transformed into a fleet of 80
electric vehicles, completing a staggering 2,00,000 trips on OLA with an
impressive average rating of 4.7. With a strong commitment towards
environmental sustainability, the brand has completed 2.5 Lakh eco-friendly
trips while traveling 1 crore kilometers on clean energy, saving 1,500 metric
tonnes of CO₂ emissions.
However, they are not just solving problems for the environment but
also tackling the common problems faced by the customers. Their offerings like
secure rides with in-car cameras, flexible city rides, and corporate
transportation options for employees along with the launch of flat ₹999 airport
transfers across Bangalore, add more value to the customers.
"We're not just building a transportation company," says
co-founder Bharath Ramaswamy. "We're creating a movement towards cleaner,
more efficient urban mobility."
Hitting PAT profitability within 3 years indicates VOZI’s sustainable
and profitable business model, which increases operational efficiency. As the
startup looks to raise its next round of funding, it proves that environmental
sustainability and profitability can exist side by side.
About VOZI: Founded in 2022 and based in Bangalore, VOZI
is an electric mobility startup dedicated to providing sustainable, efficient,
and affordable transportation solutions.