About Milo Drive
Milo Drive is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2024 by Monil Jayeshkumar Khatri and Vishal Jewrajka. Platform offering vehicle management solutions for business organizations. Milo Drive has raised $2.4 million across 2 funding rounds from investors including Antler, Caret Capital and Alteria Capital. Milo Drive offers products and services including EV Platform, Charging Management, and Asset Management. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Cars. Its legal entity in India is Milo Mobility Pvt. Ltd (U52290HR2024PTC122434).
Company details
Milo Drive was founded in 2024 in Gurugram, India, as a technology platform focused on vehicle management for business organizations. AI-powered monitoring and predictive analytics are utilized to support operational efficiency. Interconnected technologies are integrated to facilitate streamlined fleet oversight and data-driven decision-making. Services are tailored for corporate use in the logistics and transportation sector, with operations centered in India.
- Headquarters Gurugram, India
- Founders Monil Jayeshkumar Khatri, Vishal Jewrajka
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website milodrive.com
- Social LinkedIn Facebook
- Legal Name Milo Mobility Pvt. Ltd.
- Date of Incorporation 11 Jun, 2024
- Jurisdiction Gurgaon, Haryana, India
- Total Equity Funding$2.4M (USD)
in 2 rounds
- Latest Funding Round$2.4M (USD), Seed
Jul 2026
- InvestorsAntler
& 4 more
Associated legal entities of Milo Drive
Milo Drive operates through Milo Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Milo Mobility Private Limited CIN U52290HR2024PTC122434 | Active | 11 Jun 2024 | Gurgaon, Haryana | 2 | View details |
Products & Services of Milo Drive
Milo Drive offers a comprehensive portfolio of products and services, including EV Platform, Charging Management, and Asset Management.
Platform for real-time tracking and predictive maintenance of electric vehicles.
System for AI-driven charging to minimize downtime and energy costs.
Tools for maximizing fleet uptime and reducing operational expenses.
Funding Insights of Milo Drive
Milo Drive has successfully raised a total of $2.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in July 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.4M
- Total Rounds 2
- Last Round Seed — $2.4M
- Investors Count 5
All 2 funding rounds of Milo Drive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2026 | $2.4M | Seed | – | Caret Capital | |
| Dec 2024 | Seed | – | Antler | – |
5 investors in total: 5 institutional.
Investors in Milo Drive
Milo Drive has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Antler, Caret Capital and Alteria Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | ||
| caretcapital.in | ||||
| alteriacapital.com | ||||
| climateangels.in | ||||
| aureolis.co.in |
Investor details for Milo Drive
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Milo Mobility Private Limited (Milo Drive)
Milo Mobility Private Limited is the primary company behind Milo Drive. The board of Milo Mobility Private Limited currently have 2 directors; the longest-serving is Vishal Jewrajka, appointed in 2024.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Jewrajka DIN 10664361 | Director | 11 Jun 2024 | 2 yrs 4 mo | Milo Mobility Private Limited |
| Monil Jayeshkumar Khatri DIN 08221829 | Director | 11 Jun 2024 | 2 yrs 4 mo | Milo Mobility Private Limited |
People of Milo Drive
2 people are tracked at Milo Drive (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Milo Drive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Milo Drive
3 dated milestones of Milo Drive across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Milo Drive is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $2.4M.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Milo Drive (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Milo Drive
Milo Drive was founded in 2024.
Milo Drive is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Milo Drive is a funded company, having raised a total of $2.4M across 2 funding rounds to date.
Milo Drive was founded in 2024 in Gurugram, India, as a technology platform focused on vehicle management for business organizations. AI-powered monitoring and predictive analytics are utilized to support operational efficiency. Interconnected technologies are integrated to facilitate streamlined fleet oversight and data-driven decision-making. Services are tailored for corporate use in the logistics and transportation sector, with operations centered in India.
Milo Drive offers EV Platform, Charging Management, and Asset Management.
Milo Drive has 5 investors. Key investors include Antler, Caret Capital, Alteria Capital, Climate Angels, and Aureolis Ventures.
Milo Drive operates through Milo Mobility Private Limited.
The legal entities of Milo Drive currently have 2 directors, including Vishal Jewrajka, Monil Jayeshkumar Khatri.