Series AMobility

EVeez Fuels Future of Gig Work with $5.4M Series A Funding!

Investorsync desk1 min read

Deal sheet

$5.4M

Stage
Series A
Sector
Mobility
Announced
25 July 2025

EVeez has raised $5.4 million in Series A funding led by the Michael & Susan Dell Foundation, with participation from Caret Capital, ThinKuvate, Ev2 Ventures, The Barbershop with Shantanu, SailThru Ventures, and ah! Ventures Fund

Founded by Abhishek Dwivedi and Gaurav Rathore in 2020, Gurugram, India, EVeez is building an electric mobility-as-a-service platform, making electric mobility more accessible for gig workers in India through a weekly subscription starting at just ₹1,100 for electric two-wheelers without upfront ownership costs.

The fresh capital will be used to grow its low-cost electric two-wheeler subscription service for gig workers.

  • Currently runs a fleet of 7,000 electric two-wheelers across 15 cities and plans to expand to 30 cities with 50,000 vehicles by FY27.
  • 55% of its users are first-time gig workers, while the remaining 45% have shifted from petrol-run vehicles.

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Source: company announcement. First posted on the Investorsync LinkedIn page.

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