Angel Investments
EV startup Mooev Technologies raises Rs.4-Cr led by Bizdateup
Chennai-headquartered electric vehicle (EV) startup Mooev Technologies has raised INR 4 crore in a seed funding round led by Bizdateup. The funding round also had participation from Inflection Point Ventures (IPV) and Spectrum Impact (Aarti Industries Family Office).Mooev plans to use the funds raised from this seed round to deploy a fleet of 15 electric heavy-duty trucks, specifically targeting the cement industry through long-term contracts with two major clients. In addition, Mooev will implement high-voltage charging infrastructure to support this fleet, offering an integrated EV Fleet-as-a-Service model designed to meet the evolving needs of India’s industrial sector.
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