Gurugram, India: Electric mobility startup Trevel has secured $1 million in fresh funding to strengthen its premium EV transportation business and accelerate fleet expansion across Delhi NCR. The investment will support the company's plans to enhance its technology platform, improve operational capabilities, and expand its electric vehicle network.
The funding round was co-led by India Accelerator, Finvolve, the Haldiram Family Office, and entrepreneur Rohit Qamra, with participation from several angel investors, startup founders, family offices, and venture capital firms. The fresh capital is expected to help Trevel scale its services while delivering a more reliable and technology-driven commuting experience.
Founded in 2025, Trevel focuses exclusively on electric mobility solutions, offering airport transfers, city rides, and hourly rental services. Unlike conventional ride-hailing platforms, the company emphasizes service consistency, reduced ride cancellations, and a premium customer experience through a company-managed EV fleet.
The startup plans to allocate the newly raised funds toward expanding its fleet, investing in advanced mobility technology, strengthening marketing initiatives, and improving operational efficiency. These investments align with Trevel's long-term strategy to meet the growing demand for sustainable urban transportation.
Trevel has witnessed rapid growth since its launch, expanding from a handful of electric vehicles to a fleet of more than 50 premium EVs. The company reports completing over 5,000 rides while maintaining a repeat customer rate exceeding 70%, highlighting strong customer satisfaction and loyalty.
Looking ahead, Trevel aims to add approximately 25 electric vehicles each month, with an ambitious goal of building a 500-vehicle fleet by March 2027. The company is also working closely with automobile manufacturers to strengthen vehicle procurement and support its expansion plans.
As India's electric mobility sector continues to gain momentum, Trevel's latest funding is expected to enhance its market presence and contribute to the adoption of cleaner, technology-enabled transportation solutions across the region.
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