What is moEVing?
Founded in 2021 and headquartered in Gurugram, India, moEVing is dedicated to providing logistics services powered by 100% clean electric mobility. The company targets key sectors including Fast-Moving Consumer Goods (FMCG), e-commerce, and grocery delivery, aiming to decarbonize last-mile operations. moEVing's commitment to sustainability positions it as a key player in the evolving landscape of green logistics and supply chain management.
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 Manas Fuloria, Bhanu Singhal, D.S. Brar, Nishant Sharma, Naresh Agarwal, IIFL Wealth, Asset Management, Mukul Dhyani, Anand Dalmia, Abhishek Poddar, Dr. Anshuman Maheshwari (mu., and Mayank Gupta
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 group in India, likely providing strategic financial backing and advisory services to support moEVing's growth and expansion initiatives.
Dr. Anshuman Maheshwari (mu.
Dr Anshuman Maheshwari (mu. operates within the healthcare sector, suggesting a diverse investment portfolio that may include strategic interests in sustainable technology and logistics companies like moEVing.
What's next for moEVing?
With the recent strategic investment and substantial overall funding, moEVing is poised for significant scaling. The company is likely to focus on expanding its fleet of electric vehicles, enhancing its technology platform for optimized logistics, and broadening its operational reach within India and potentially into new markets. This capital will also support further research and development into more efficient and sustainable mobility solutions, solidifying moEVing's competitive advantage.
See full moEVing company page
