Electric mobility tech platform MoEVing raises $2.5 M led by JSW Ventures

Gurugram-based commercial electric mobility tech platform MoEVing has raised USD 2.5 million led by JSW Ventures. This is the maiden investment by JSW Ventures in the electric vehicle space. Founded by Vikash Mishra and Mragank Jain in 2021, MoEVing provides tech-enabled charging services, fintech, analytic services, and EV life management services for electrifying last-mile infra-city services agnostic across OEMs, vehicle type and charging technologies. The company claims an operational presence in 15 cities. MoEVing plans to deploy the new funds to strengthen its platform for driver partners, expand across cities and build a team across functions. The startup has raised USD 10 million to date.