Evera Cabs, India’s all-electric taxi service, has secured $4 million in seed funding from Mufin Green Finance Pvt. Ltd. This investment, a hybrid of convertible debentures and debt, will help accelerate Evera’s expansion of its electric vehicle (EV) fleet nationwide.
This capital infusion underscores growing investor confidence in sustainable transportation and reinforces Evera’s commitment to transforming urban mobility in India. The funding will play a crucial role in strengthening India’s green mobility ecosystem, contributing to a cleaner and more resilient transportation infrastructure.
Positioned for rapid growth in India’s burgeoning electric mobility sector, Evera’s operational capabilities are further enhanced by the integration of BluSmart’s high-quality fleet and experienced driver network. This strategic positioning allows Evera to meet the increasing demand for sustainable and reliable urban transportation solutions.
Currently, Evera, operating under Prakriti E-Mobility, provides a premium, clean-tech commuting experience from Indira Gandhi International Airport in Delhi. Serving both B2B corporate clients and B2C airport travelers, Evera is known for its customer-centric policies, including zero cancellations and surge-free pricing. As environmental awareness drives consumer choices, Evera remains dedicated to delivering eco-conscious mobility without compromising on comfort or service quality.
About Evera
Evera Cabs is India’s leading all-electric, app-based taxi service, known for its commitment to sustainable urban transportation. Operating primarily from Delhi’s Indira Gandhi International Airport, it offers premium, clean-tech commutes with a policy of zero cancellations and surge-free pricing.
