Follow us
Advance Mobility raises USD 2 million in seed funding
Finvolve led the funding with participation from India Accelerator.
By Autocar Professional Bureau
6652 Views
Advance Mobility, a Gurgaon-based start-up in the ridesharing mobility space has recently closed seed funding of USD 2 million at an undisclosed valuation.
Finvolve led the funding with participation from India Accelerator.
The company currently operating with a fleet of 425 CNG cars in Mumbai and Pune, will use the funds to expand to other cities, noted the press release.
Apoorva Vora of Finvolve, said, "Our decision to support Advance Mobility aligns with our commitment to fostering innovation and driving positive change in the mobility industry."
Ride-sharing platforms are seeing interest from investors, with EV ride-hailing platform Snap-E Cabs recently raising USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures.
RELATED ARTICLES
Himadri Posts Record FY26 Profit; Announces Commencement of First Anode Material Production Facility at Mahistikry
Dev Vadchhedia
23 Apr 2026
The Kolkata based manufacturer posted a 36 percent increase in full year profit after tax alongside major capacity expan...
ABB E-mobility Unveils M-Series Split System Charging Infrastructure
Dev Vadchhedia
23 Apr 2026
The new modular setup separates power generation from dispensing and dynamically allocates up to 1.2 MW of capacity acro...
Balkrishna Industries Eyes Massive Kutch Expansion to Fuel 2030 Growth Targets
Shahkar Abidi
23 Apr 2026
The Mumbai-based manufacturer is looking to more than double its revenue to Rs 23,000 crores by 2030.
