Evera Cabs raised $4 million in funding led by Mufin Green Finance to expand its electric vehicle fleet.
Evera Cabs raised $4 million in funding led by Mufin Green Finance to expand its electric vehicle fleet.
06/24/25, 11:45 AM
Location
new delhiMoney raised
$4 million
Industry
automotive
transportation
Round Type
seed
Investors
Mufin Green Finance
Evera Cabs, an all-electric, app-based taxi service, has raised $4 million in funding from Mufin Green Finance through a hybrid structure comprising convertible debentures and debt. The funds will be used to expand Evera’s electric vehicle fleet. The company primarily serves corporate clients at Indira Gandhi International Airport in Delhi.
Company Info
Location
new delhi, delhi, india
Additional Info
Evera Cabs comprises of a network of sustainable energy solutions that come together to help reduce carbon emissions being released into the environment by everyday travel. Our services include a fleet of Electric Vehicles, Evera Cabs that run as an app based cab service along with a network of energy efficient charging stations to compliment the same.
Our goal is to expand this grid of e-mobility across the nation and eventually onto a global stage.