Private Equity Angel Investments
Car rental platform Advance Mobility bags $3-M from India Accelerator, Finvolve
Source Inc42 (opens in a new tab)
Mumbai-based Advance Mobility has raised USD 3 million (about INR 25.2 crore) from a clutch of investors, including India Accelerator and Finvolve to scale up operations and expand footprint.Founded by Mohit Jalan in 2023, Advance Mobility is a fleet startup operating mainly on the Uber platform. The firm claims to be focused on sustainable mobility solutions with a 100% CNG-based fleet of vehicles.