Angel Investments
E-mobility platform MoEVing raises $4-M more in seed funding
Gurugram-based electric mobility technology platform MoEVing has raised a total of USD 5 million, including USD 1 million raised earlier this year, in seed funding. The funding has been raised from entrepreneurs, private equity & investment banking professionals and automotive industry experts. MoEVing currently operates 600 EVs in 10 cities and aims to scale to 10,000 EVs and 100 charging hubs in 30 cities by 2023. Founded in January 2021, it provides solutions to top e-commerce, FMCG, logistics and D2C companies to optimize their logistics costs and meet their goals of reducing carbon emissions.
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