EV cab service Prakriti E-mobility raises funding from IEG India

Delhi-based electric mobility startup Prakriti E-mobility has funding from Europe-based IEG Investment Banking Group's investment unit as part of its USD 5 million pre-Series A funding round. With this investment, the startup plans on implementing technological advancements, expansion of its EV fleet and empaneling EV charging stations into its mobile application across India. Prakriti E-mobility is an asset-light EV cab service provider for customers across B2C and B2B segments. As of today, the company is operational in Delhi NCR through its flagship mobile application 'Evera.'