Funding Round Backed By India Accelerator, Finvolve And Haldiram Family Office
Gurugram-based EV mobility startup Trevel has raised $1 million 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 fresh capital will help the company accelerate fleet expansion, strengthen its technology platform, boost marketing efforts, and enhance operational capabilities as it looks to scale its presence in India’s growing electric mobility market.
Building An EV-First Premium Mobility Platform
Founded in 2025 by Mishu Ahluwalia, Rishi Raj Kochhar, and Sahil Jindal, Trevel operates an electric vehicle based transportation platform focused on airport transfers, city rides, and hourly rental services.
The startup currently serves customers across Delhi NCR and positions itself as a sustainable alternative to conventional ride-hailing services by operating an entirely electric fleet.
Its vehicle lineup includes popular EV models such as the MG Windsor EV, MG ZS EV, Kia Carens Clavis EV, and BYD e6.
The company believes rising consumer awareness around sustainability, combined with lower operating costs of electric vehicles, creates a strong opportunity for EV-focused mobility businesses.
Fleet Expansion Plans Underway
Trevel plans to use a significant portion of the newly raised capital to rapidly expand its fleet.
According to the company, it intends to add around 25 vehicles every month and scale its fleet to approximately 500 vehicles by March 2027.
To support this expansion, Trevel has already signed memorandums of understanding (MoUs) with MG Motor India and Kia India, enabling smoother access to vehicles and strengthening its long-term fleet strategy.
The partnerships are expected to help the startup secure vehicle supply while maintaining a modern and efficient EV fleet.
Focus On Technology And Customer Experience
Alongside fleet growth, Trevel is investing heavily in technology.
The company recently launched Trevel 2.0, an upgraded version of its mobility platform designed to improve customer experience, fleet management, ride allocation, and operational efficiency.
Technology remains a critical differentiator in India’s competitive mobility sector, where startups are increasingly relying on data, automation, and AI-driven tools to improve service quality and optimize costs.
Trevel aims to leverage its platform to build a seamless electric mobility experience while ensuring higher vehicle utilization and customer retention.
Strong Early Traction In Delhi NCR
Despite being a relatively new entrant, the startup claims to have completed more than 5,000 rides since launch.
More notably, over 70% of its users have returned for repeat bookings, indicating strong customer satisfaction and growing demand for premium EV-based transportation services.
The company believes repeat usage will be a key driver of sustainable growth as it scales operations in existing markets and explores future expansion opportunities.
Riding India’s EV Mobility Wave
The funding comes at a time when India’s electric mobility ecosystem is witnessing rapid growth, supported by government incentives, increasing EV adoption, and growing environmental awareness among consumers.
While electric two-wheelers currently dominate EV adoption, electric fleet operators and ride hailing platforms are emerging as one of the fastest-growing segments of the market.
With fresh capital in hand, strategic automotive partnerships, and ambitious expansion plans, Trevel is positioning itself to capture a share of India’s evolving urban mobility landscape.
As demand for cleaner transportation alternatives continues to rise, the startup hopes to establish itself as a leading EV-first mobility platform in the country.
