Angel Investments
Electric cabs operator TrEV raises Rs.3.65 Cr
Gurugram-based TrEV Mobility , an all-electric mobility platform, has raised INR 3.65 crore from 11 angel investors. After the funding round, founder Naveen Gupta will hold an 86% stake in the company.The company currently operates a fleet of nearly 100 electric vehicles across Delhi-NCR, comprising vehicles from BYD and MG Motor. Launched in January 2024, the firm has completed over 45,000 rides. It offers airport transfers, rentals, and outstation travel.The fresh capital will be used to expand the electric vehicle (EV) fleet and scale operations across the National Capital Region (NCR), including Delhi, Gurugram, Noida, Faridabad, and Ghaziabad.
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