Archive · 24 Jun 2025
Evera Cabs Secures $4M in Funding for EV Fleet Expansion
Evera Cabs, a company that offers electric car rides, just got $4 million to grow.
They want to get more electric cars and provide rides to both regular people and companies.
This new money will help them get more customers.
They also bought some cars from another company, BluSmart.
This helps them offer rides to businesses so they can lower their carbon footprint.
The company has a policy of no cancellations or surge pricing, making it easier for people to get around in EVs.
Evera Cabs, an EV ride-hailing startup, secured $4 million from Mufin Green Finance.
The company plans to expand its EV fleet, focusing on a customer-centric approach.
Evera Cabs acquired approximately 220 EVs from BluSmart, with plans for more.
The investment aims to help corporate clients meet carbon reduction goals.
Evera Cabs operates in the growing Indian EV market.
- Who
- Evera Cabs and Mufin Green Finance.
- What
- Evera Cabs, an EV ride-hailing startup, secured $4 million in funding.
- When
- The article does not explicitly state when the funding occurred.
- Where
- Delhi NCR, India
- Why
- To expand its EV fleet and provide clean mobility services.
- Funding Amount
- $4 million
- Investor
- Mufin Green Finance
- Company
- Evera Cabs
- Founded
- 2019
- Focus
- EV ride-hailing
- Services
- B2B and B2C transportation