EV tech startup MoEVing raises $5 Mn seed capital to accelerate growth
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E-mobility technology platform MoEVing has announced its total seed funding of $5 Mn, including $1 Mn raised earlier this year to accelerate growth. The company currently operates 600 EVs in 10 cities and aims to scale to 10,000 EVs, 100 charging hubs in 30 cities by 2023, said a company statement. Vikash Mishra, founder and CEO of MoEVing said the last mile delivery space will be fully electrified by 2025.