Trevel Raises $1 Million to Expand Premium EV Fleet to 500 Vehicles by March 2027
Gurugram-based EV mobility startup Trevel has secured $1 million co-led by India Accelerator, Finvolve, Haldiram Family Office and Rohit Qamra, with backing from MobiKwik founder Bipin Preet Singh and All In Capital, to scale its all-electric ride and rental platform across Delhi NCR.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $1 M |
| Lead investor | India Accelerator |
| Headquarters | Delhi, India |
| Sector | Trevel |
| Coverage | Startup Funding |
Gurugram-based electric mobility startup Trevel, operated by Inwisement Technologies Pvt Ltd, has raised $1 million in a funding round to accelerate fleet expansion and scale its premium EV-only ride platform across Delhi NCR.
Investor Line-Up
The round was co-led by:
Participation also came from RMRN Ventures, BP Jain Holdings, Bipin Preet Singh (Founder, MobiKwik), Aakash Goyal (Metro Buildtech), Aakash Anand (Founder, Wolfpack Labs, Rotoris and Bella Vita), Aditya Singh (Co-Founder and Partner, All In Capital) and a group of angel investors, family offices, founders and business leaders.
Use of Funds
Trevel said the capital will be directed towards:
From 4 Vehicles to 500 by March 2027
Founded in September 2025, Trevel was set up to solve persistent urban mobility pain points — ride cancellations, service inconsistency and reliability gaps — by operating an EV-only premium fleet.
Since launch, the company has:
The current fleet includes MG Windsor EV, MG ZS EV, Kia Carens Clavis EV and BYD e6, with BMW iX1 units expected to join soon. Trevel has signed strategic MoUs with MG Motor India and Kia India to support fleet growth, and is targeting a 500-vehicle fleet by March 2027.
Services on the Platform
Trevel currently offers three core services through its app:
Leadership
The company is led by Mishu Ahluwalia (CEO), Rishi Raj Kochhar (COO) and Sahil Jindal (CGO), whose combined experience spans mobility, operations, growth and customer engagement.
Why It Matters
Trevel's raise lands at a moment when India's premium ride-hailing segment is being reshaped by EV adoption mandates, fleet operator consolidation and consumer demand for reliable, app-first mobility. With backing from operator-led investors like MobiKwik's Bipin Preet Singh and All In Capital, the startup is positioning itself as a focused, EV-only challenger in a category historically dominated by aggregator platforms.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
Enjoyed this article?
Get weekly startup insights delivered to your inbox.
Related Articles
Weekly Funding Recap: Indian Startups Raised $506 Million Across 37 Deals (Jul 20 – Jul 24, 2026)
Indian startups closed 37 disclosed deals worth $506 million in the week to July 24, 2026, with electric mobility, travel tech and agentic AI absorbing more than two-thirds of the capital.
Ultraviolette Raises $95 Million Series E to Triple Electric Motorcycle Capacity
Bengaluru-based electric motorcycle maker Ultraviolette raised $95 million in a Series E round to expand manufacturing capacity to 180,000 units a year and accelerate European exports.
Stayflexi Raises $28 Million Series B to Automate Hotel Operations Across India
Hospitality software company Stayflexi raised $28 million in a Series B round to expand its property management and dynamic pricing platform to 20,000 independent hotels across India and Southeast Asia.