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Drivn's Indian entity raises Rs 45 crore ($4.7M) in seed round led by Avaana Capital for electric commercial mobility platform.

PRIVATESep 21, 2026about 2 hours ago

Amount Raised

$4.7 Million

Round Type

Seed

IndiaTransportationAutomotiveLogisticsElectric Vehicle

Investors

Avaana Capital

Description

Electric commercial mobility startup Drivn's Indian operating entity has raised Rs 45 crore ($4.7M) in a seed funding round led by Avaana Capital. The company, founded in 2025 and based in Gurugram, builds a full-stack electric mobility platform for large commercial vehicles, offering intercity buses, heavy-duty trucks, fleet operations, and charging infrastructure. Avaana Capital invested the entire amount and now holds a 7.22% stake in the Indian entity, while parent company Drivn Transition PTE. LTD maintains an 88.75% majority stake

Company Information

Company

Drivn

Location

India

About

Drivn is an electric mobility platform focused on large commercial vehicles, specifically electric buses and trucks. Founded in 2025, it operates an asset-owning model where it buys and leases vehicles under long-term contracts to target inter-city transport and heavy trucking segments. The company also has a technology platform to track vehicle performance and optimize operational efficiency. Drivn aims to address the high capital costs and operational risks associated with diesel-dependent transport segments.

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Drivn raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.