Follow us
Advance Mobility raises USD 2 million in seed funding
Finvolve led the funding with participation from India Accelerator.
By Autocar Professional Bureau
6859 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
Tata Aeris: Can aggressive Pricing and Rich Features Bring Buyers Back to Sedans?
Ketan Thakkar
26 Sep 2026
After studying why customers who considered a sedan often left Tata showrooms in an SUV, the company has given its new c...
Arete 22 Files DRHP with SEBI for ₹440-Crore IPO
Shruti Shiraguppi
26 Sep 2026
Precision aluminium components maker plans to use proceeds for working capital, debt repayment and capacity expansion.
Volvo CE to Launch Localized Medium Wheel Loaders in 2027 Following SDLG Exit
Shahkar Abidi
26 Sep 2026
The move underscores a broader portfolio reshaping, from mining excavators to compaction equipment.
