Trev Mobility, a fast-growing premium EV mobility platform, has announced that it has raised ₹3.65 crore in an angel funding round from its existing users. The capital will be used to expand its electric vehicle fleet and scale operations across the NCR region, including Delhi, Gurgaon, Noida, Faridabad, and Ghaziabad.
Fleet expansion plans
The company currently operates a fleet of 100 EVs across Delhi-NCR, comprising vehicles from BYD and MG Motor, and plans to expand this in the coming months.
Operational milestones
Launched in January 2024, the company has completed over 45,000 rides, with 55–60% repeat users. It offers airport transfers, rentals, and outstation travel. Around 75% of bookings are made through its app.
To double down on core strengths
Trev Mobility Founder Naveen Gupta said: “Seeing our own customers invest in Trev is a powerful validation of the trust we’ve built and the experience we deliver every day. This funding allows us to double down on our core strengths, immaculately maintained vehicles, high standards of hospitality, and a reliable, premium ride experience. Our goal is to build a service that feels less like a cab and more like your own personal car.”
Technology and safety focus
The company is also investing in safety and technology, including AI-powered dashcams, aimed at improving in-ride security and accountability. With EV adoption increasing in India and demand for electric mobility growing, Trev Mobility is positioned to expand its operations across urban use cases.