Gurugram Startup Plans Fleet Expansion and Technology Upgrades Following Fresh Funding
EV mobility startup Trevel has raised $1 million (around ₹8.6 crore) in a funding round co-led by India Accelerator, Finvolve, the Haldiram Family Office, and investor Rohit Qamra. The round also saw participation from RMRN Ventures, BP Jain Holdings, Bipin Preet Singh, Aakash Goyal, Aakash Anand, Aditya Singh, and several other angel investors.
The funding comes as India’s electric mobility sector continues to gain momentum, driven by rising consumer adoption, supportive government policies, and growing demand for sustainable transportation solutions. Trevel plans to leverage the fresh capital to strengthen its position in the premium EV ride-hailing segment while expanding operations across Delhi NCR.
The company said the investment will support its next phase of growth as it scales both its fleet and technology infrastructure.
Funds to Support Growth and Expansion
According to the company, the newly raised capital will be deployed toward fleet expansion, technology development, marketing initiatives, and operational strengthening. The startup is focused on building a reliable all-electric mobility platform catering to airport transfers, city rides, and hourly rental services.
Trevel recently launched Trevel 2.0, an upgraded version of its technology platform aimed at enhancing user experience, fleet management, and operational efficiency.
As competition intensifies within India’s mobility ecosystem, startups are increasingly investing in technology to improve service quality, optimize vehicle utilization, and drive customer retention.
Building an All-Electric Premium Fleet
Founded in 2025 by Mishu Ahluwalia, Rishi Raj Kochhar, and Sahil Jindal, Trevel operates exclusively with electric vehicles and currently serves customers across Delhi NCR.
The startup’s fleet includes popular EV models such as the MG Windsor EV, MG ZS EV, Kia Carens Clavis EV, and BYD e6. To support future growth, Trevel has also signed Memorandums of Understanding (MoUs) with MG Motor India and Kia India, strengthening its vehicle procurement pipeline.
The company plans to add approximately 25 vehicles every month and aims to expand its fleet to 500 EVs by March 2027, significantly increasing its operational capacity.
Strong Early Traction Signals Market Demand
Despite being a relatively young startup, Trevel has already demonstrated promising traction in the market. According to the company, it has completed more than 5,000 rides since launch.
A key indicator of customer satisfaction has been its repeat usage rate, with over 70% of customers returning for additional bookings. This suggests growing demand for premium electric mobility services, particularly among urban consumers seeking sustainable transportation alternatives.
As India’s EV ecosystem continues to mature, startups like Trevel are positioning themselves to capture a growing share of the country’s next-generation mobility market.