What is moEVing?
Founded in 2021 and headquartered in Gurugram, Haryana, moEVing operates at the intersection of clean energy and supply chain management. By providing 100% electric mobility solutions, the company addresses the growing demand for sustainable logistics in India's rapidly evolving e-commerce landscape. The firm serves as a critical infrastructure partner for enterprises looking to reduce their carbon footprint while maintaining operational efficiency in high-frequency delivery environments. Through its specialized fleet and technology-driven logistics platform, moEVing is effectively bridging the gap between traditional delivery models and the global shift toward green energy adoption.
How much funding has moEVing raised?
moEVing has raised a total of $12.5M across 2 funding rounds:
Angel/Seed
$10M
Other Financing Round
$2.5M
Angel/Seed (2021): $10M with participation from Nishant Sharma, Naresh Agarwal, IIFL Wealth, Asset Management, Bhanu Singhal, D.S. Brar, Mukul Dhyani, Anand Dalmia, Abhishek Poddar, Dr. Anshuman Maheshwari (mu., Mayank Gupta, and Manas Fuloria
Other Financing Round (2022): $2.5M, investors not publicly disclosed
Key Investors in moEVing
IIFL Wealth
IIFL Wealth Management Ltd. is a prominent financial services firm providing comprehensive wealth management and investment advisory services to high-net-worth individuals and institutional clients.
Dr. Anshuman Maheshwari (mu.
A professional entity operating within the healthcare and clinical services sector, contributing to the early-stage capital support for innovative logistics ventures.
Nishant Sharma
An individual investor providing strategic backing to support the development and scaling of clean energy logistics solutions.
What's next for moEVing?
With the infusion of recent capital, moEVing is poised to scale its fleet and enhance its proprietary logistics software. The company's strategic roadmap focuses on deepening its penetration within the FMCG and e-commerce sectors, where the pressure to adopt sustainable practices is at an all-time high. By leveraging its current market position, moEVing aims to optimize route efficiency and charging infrastructure, ensuring that its electric mobility solutions remain the preferred choice for enterprise-level clients. Future growth will likely involve expanding its geographic footprint across major Indian metropolitan hubs, further solidifying its status as a leader in the green logistics revolution.
See full moEVing company page
