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Trevel raises $1 million led by India Accelerator and Finvolve for fleet expansion and tech development.

PRIVATEJun 12, 20263 days ago

Amount Raised

$1 Million

Round Type

seed

GurgaonTransportationAutomotive

Investors

Aditya SinghAakash AnandAakash GoyalBipin Preet SinghBp Jain HoldingsRmrn VenturesRohit QamraHaldiram Family OfficeFinvolveIndia Accelerator

Description

EV mobility platform Trevel has raised $1 million in a funding round co-led by India Accelerator, Finvolve, and others. The funds will be used for fleet expansion, technology development, marketing, and operational strengthening. Founded in 2025, Trevel offers EV-based airport transfers and city rides across Delhi NCR. The company plans to add around 25 vehicles every month and expand its fleet significantly by March 2027.

Company Information

Company

Trevel

Location

Gurgaon, Haryana, India

About

Trevel is an EV mobility platform founded in 2025 that offers EV-based airport transfers, city rides, and hourly rentals across Delhi NCR. The startup operates a diverse fleet, including vehicles from MG, Kia, and BYD, and has signed partnerships to expand its operations. Trevel aims to add approximately 25 vehicles monthly, with plans to grow its fleet to 500 vehicles by March 2027. The company has successfully completed over 5,000 rides, demonstrating strong user retention with over 70% of clients returning for repeat bookings.

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Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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