Trevel Raises $1 Million, Expands Push into Electric Mobility Market

EV mobility startup Trevel has secured $1 million in a funding round co-led by India Accelerator, Finvolve, the Haldiram Family Office, and 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 investors.

Founded in 2025 by Mishu Ahluwalia, Rishi Raj Kochhar, and Sahil Jindal, Trevel provides electric vehicle-based airport transfers, city rides, and hourly rental services across Delhi NCR. Its fleet currently includes the MG Windsor EV, MG ZS EV, Kia Carens Clavis EV, and BYD e6.

The Gurugram-based startup plans to use the newly raised capital to expand its electric vehicle fleet, strengthen its technology platform, boost marketing initiatives, and enhance overall operations.

Earlier this year, co-founder and CEO Mishu Ahluwalia stated that Trevel is building a transportation ecosystem where pricing remains fixed and rides are guaranteed, addressing common challenges faced by urban commuters.

To support its expansion strategy, Trevel has signed strategic agreements with MG Motor India and Kia India. The company aims to add around 25 electric vehicles every month and grow its fleet to 500 vehicles by March 2027.

Trevel has also introduced Trevel 2.0, an upgraded version of its technology platform. According to the company, it has completed more than 5,000 rides since launch, with over 70% of customers returning for repeat bookings, highlighting strong customer satisfaction and retention.

FAQs

1. How much funding has Trevel raised?
Trevel has raised $1 million in a funding round led by India Accelerator, Finvolve, the Haldiram Family Office, and Rohit Qamra.

2. What services does Trevel offer?
Trevel provides EV-based airport transfers, city rides, and hourly rental services across Delhi NCR.

3. How will Trevel use the new funding?
The startup plans to expand its EV fleet, improve its technology platform, increase marketing efforts, and strengthen operations.

4. What are Trevel’s expansion plans?
Trevel aims to add approximately 25 vehicles every month and scale its fleet to 500 electric vehicles by March 2027.

5. What is Trevel 2.0?
Trevel 2.0 is the company’s upgraded technology platform designed to improve customer experience, fleet management, and operational efficiency.

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Kinjal Rajpurohit

Senior Editor

Tracking the latest funding rounds, investor activity, acquisitions, and startup valuations. Stay updated on where the money is flowing in the startup ecosystem.