Electric mobility startup Trevel has secured $1 million in a funding round co-led by India Accelerator, Finvolve, the Haldiram Family Office, and Rohit Qamra, as the company looks to strengthen its position in India’s fast-growing electric mobility sector.
The funding round also saw participation from RMRN Ventures, BP Jain Holdings, Bipin Preet Singh, Aakash Goyal, Aakash Anand, Aditya Singh, and several other investors.
The fresh capital will support the company’s plans to expand its electric vehicle fleet, enhance its technology platform, strengthen operations, and increase brand visibility across key urban markets.
Funding to Drive Fleet Expansion and Technology Growth
Trevel plans to utilize the newly raised capital to accelerate its growth strategy by investing in fleet expansion, product innovation, marketing initiatives, and operational capabilities.
The company is focused on building a premium electric mobility ecosystem that caters to urban commuters seeking sustainable and reliable transportation options.
As demand for eco-friendly mobility solutions continues to rise, Trevel aims to strengthen its presence in the rapidly evolving electric ride-hailing and airport transfer market.
Building a Sustainable Mobility Platform
Founded in 2025 by Mishu Ahluwalia, Rishi Raj Kochhar, and Sahil Jindal, Trevel offers a range of electric mobility services, including airport transfers, city rides, and hourly vehicle rentals.
Operating primarily across Delhi NCR, the startup is positioning itself as a technology-driven platform focused on delivering comfortable, zero-emission transportation experiences.
The company currently operates an all-electric fleet comprising popular EV models such as:
- MG Windsor EV
- MG ZS EV
- Kia Carens Clavis EV
- BYD e6
By leveraging a fully electric fleet, Trevel aims to contribute to reducing urban carbon emissions while offering customers a cleaner alternative to traditional ride-hailing services.
Strategic Partnerships to Support Expansion
To support its ambitious growth plans, Trevel has entered into strategic partnerships with leading automobile manufacturers.
The company has signed Memorandums of Understanding (MoUs) with MG Motor India and Kia India, enabling it to expand its EV fleet and strengthen operational capabilities as demand grows.
These collaborations are expected to play a key role in helping the startup scale efficiently while maintaining service quality.
Fleet Target of 500 Vehicles by 2027
Trevel has outlined an aggressive expansion roadmap for the coming years.
The startup plans to add approximately 25 new electric vehicles every month, with the goal of increasing its fleet size to 500 vehicles by March 2027.
The planned expansion reflects growing consumer demand for electric transportation services and the broader shift toward sustainable urban mobility solutions in India.
As cities continue to address congestion, air pollution, and carbon emissions, EV-based transportation platforms are emerging as an important part of the country’s clean mobility transition.
Launch of Trevel 2.0
Alongside its expansion efforts, the company recently introduced Trevel 2.0, an upgraded version of its technology platform.
The enhanced platform is designed to improve customer experience, optimize fleet utilization, streamline operations, and support future scalability.
Technology continues to play a critical role in the mobility sector, enabling operators to improve ride efficiency, reduce operational costs, and deliver seamless user experiences.
Strong Customer Retention Signals Market Acceptance
Since its launch, Trevel has demonstrated encouraging traction in the market.
According to the company, it has successfully completed more than 5,000 rides, with over 70% of customers returning for repeat bookings.
The high repeat usage rate indicates growing consumer confidence in EV-based transportation services and highlights the increasing acceptance of electric mobility solutions among urban travelers.
Customer retention is becoming a key performance indicator for mobility startups as competition intensifies across the ride-hailing sector.
India’s EV Mobility Market Continues to Grow
Trevel’s funding comes at a time when India’s electric mobility ecosystem is experiencing rapid growth, supported by government incentives, increasing environmental awareness, and advancements in EV technology.
Consumers are increasingly embracing electric transportation options as charging infrastructure improves and vehicle offerings become more diverse.
The rise of EV-focused mobility startups is also contributing to India’s broader sustainability goals by reducing dependence on fossil fuels and supporting cleaner urban transportation networks.
Outlook
With fresh funding, strategic automotive partnerships, and a growing customer base, Trevel is well-positioned to capitalize on the rising demand for electric mobility services in India.
The company’s plans to expand its fleet, invest in technology, and strengthen operations align with the country’s ongoing transition toward sustainable transportation.
As electric vehicles become an increasingly important part of urban mobility, startups like Trevel are helping reshape how people travel while supporting India’s clean energy and climate objectives.
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Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape. She has written extensively on fintech, AI and emerging startups.