Evera Cabs raises $4M from Mufin Green Finance to scale EV fleet and dominate airport mobility

Investorsync desk1 min read

Deal sheet

$4M

Stage
Debt
Sector
ClimateTech
Announced
24 June 2025

Delhi-based Evera Cabs, known for its no-surge, no-cancellation EV ride experience, has secured $4 million in funding from Mufin Green Finance through a mix of convertible debentures and debt.

This follows its earlier $7.14M seed round from IEG and others.

The capital will be used to:

  • Expand Evera’s all-electric fleet
  • Strengthen airport presence across Delhi terminals
  • Enhance both B2B carbon-conscious mobility and B2C reliability

Co-founded in 2019 by Nimish Trivedi, vikas bansal, and RAJEEV TIWARI, Evera is part of Prakriti E-Mobility, and is building the backbone of India’s green commuting future.

Following its recent acquisition of BluSmart’s Delhi fleet and driver network, Evera is now doubling down on corporate partnerships and individual airport transfers all under a customer-first, clean-tech vision.

....

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

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