Starya Mobility, a Sh! Ventures portfolio company in the Clean Mobility & EV domain, has raised INR 2 CR from ah! Ventures Angel Platform in a bridge round of finance.
This bridge round of fundraising was raised within six months after their previous 2.2 million dollar fund raise on the ah! Ventures First Gear platform. The bridge round will mostly be used to service the first orders received from clients when Starya Mobility began offering trial rides on their converted scooters on November 1st, 2021.
“Thanks to ah! Ventures for being among the very first external institutes to have faith in our solution,” says Ravi, Founder of Starya. We were ecstatic to observe the end-users’ enthusiasm and acceptance of our product during the trial rides, and we want to repeat the procedure on a larger scale soon. The comprehensive solution we’re providing made sense to the customer, and we’re glad to see investors share that sentiment.”