About MoEving
MoEving is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2021 by Vikash Mishra and Mragank Jain. Electric mobility solutions are provided for logistics last-mile deliveries. MoEving has raised $15.13 million across 9 funding rounds from investors including StrideOne, Strides Pharma Science and LetsVenture. MoEving has completed 1 acquisition, including Evongo. MoEving was last valued at $46.4 million in April 2023. Its chief executive, as recorded, is Vikash Mishra. MoEving offers products and services including Electric Vehicle Rental, Charging as a Service, Driver Cum Owner Solutions, and EV Life Cycle Management. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Last Mile. Its competitors include Zypp Electric, 3eco and Evify; 3 of its 3 listed competitors have raised funding.
Company details
MoEving was founded in 2021 in Gurugram, India, within the electric mobility sector. Electric pickup trucks and bikes are supplied for last-mile deliveries in logistics operations. A technology platform is employed to handle rentals, vehicle tracking, and fleet management. Demand aggregation, supply optimization, EV charging connections, and financing options are supported. Services target e-commerce, FMCG, groceries, and logistics sectors to address cost and emission reductions.
- Headquarters Gurugram, India
- Founders Vikash Mishra, Mragank Jain
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website moeving.com
- Social LinkedIn X Instagram YouTube
Associated legal entities of MoEving
MoEving is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Moeving Auto Solutions Private Limited CIN U71290HR2022PTC105121 | Active | 13 Jul 2022 | Haryana, India | 2 | View details | ||
| Moeving Turbo Charge Private Limited CIN U45201DL2022PTC397681 | Active | 02 May 2022 | New Delhi, Delhi | 2 | View details | ||
| Moeving Urban Technologies Private Limited CIN U34300DL2021PTC375861 | Active | 19 Jan 2021 | New Delhi, Delhi | ₹64.1 Cr | 133 | 3 | View details |
Products & Services of MoEving
MoEving offers a comprehensive portfolio of products and services, including Electric Vehicle Rental, Charging as a Service, Driver Cum Owner Solutions, and EV Life Cycle Management.
Offers rentals of electric vehicles for logistics and delivery.
Provides charging solutions for electric vehicle users.
Supports drivers in owning and operating electric vehicles.
Manages the full lifecycle of electric vehicles for businesses.
Apps and channels of MoEving
MoEving publishes 1 mobile app with over 10K+ downloads; its YouTube channel MoEVing has 123 subscribers and 16 videos.
Videos from MoEving
The most watched videos on MoEving's YouTube channel, MoEVing (123 subscribers). Click a video to play it here.
More on MoEVing .
Funding Insights of MoEving
MoEving has successfully raised a total of $15.13M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $1.73 million completed in June 2024. 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 $15.13M
- Total Rounds 9
- Last Round Series A — $1.73M
- First Round $1M
(Feb 2021)
- Investors Count 87
All 9 funding rounds of MoEving 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 |
|---|---|---|---|---|---|
| Jun 2024 | $1.73M | Series A | – | LIC IT Professionals, Safexpress | |
| Apr 2023 | $48,568 | Series A | $46.4M | StrideOne | – |
| Oct 2022 | $2.5M | Series A | $45.91M | JSW Ventures | – |
| May 2022 | Debt – Conventional | – | – | ||
| May 2022 | $5M | Seed | – | – | |
| Feb 2022 | $883,265 | Seed | $••••• | Beyond Technologies | |
| Nov 2021 | $2.46M | Seed | $••••• | Kalidindi Srihari Raju, Davinder Singh Brar | |
| Aug 2021 | $1.5M | Seed | $••••• | Citadel Management, Davinder Singh Brar | |
| Feb 2021 | $1M | Angel Round | $••••• | Nikki Jain |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $46.4M | •••••••• |
| Oct 2022 | $45.91M | •••••••• |
| Feb 2022 | $••••• | •••••••• |
| Nov 2021 | $••••• | •••••••• |
| Aug 2021 | $••••• | •••••••• |
| Feb 2021 | $••••• | •••••••• |
Full valuation and stage history of MoEving
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $46.4M (Apr 2023). 87 investors in total: 17 institutional and 70 angel.
Investors in MoEving
MoEving has secured backing from 87 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include StrideOne, Strides Pharma Science and LetsVenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JSW Ventures is engaged in venture capital funding for startups. | 2015 | jswvc.com | Mumbai, India | |
Revenue-based growth capital is provided for Indian entrepreneurs. | np1.in | Delhi, India | ||
Venture capital firm investing in tech sectors | 2011 | beyondteq.com | Dubai, United Arab Emirates | |
Provider of tech-led financial solutions for startups and MSMEs | 2021 | strideone.in | Gurugram, India | |
Invoice financing is provided to businesses via a digital platform. | 2018 | tradecred.com | Mumbai, India | |
Provider of government services | gcc-sg.org | Riyadh, Saudi Arabia | ||
Venture debt funding is extended to companies across multiple sectors. | strideventures.in | Delhi, India | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
| easteightsixadvisory.tcc.mode | ||||
| atholdings.tcc.mode |
Investor details for MoEving
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of MoEving
The boards of the 3 registered companies of MoEving currently have 2 directors; the longest-serving is Vikash Mishra, appointed in 2022. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikash Mishra DIN 08160001 | Director | 02 May 2022 | 4 yrs 5 mo | Moeving Turbo Charge Private Limited, Moeving Urban Technologies Private Limited, Moeving Auto Solutions Private Limited |
| Dhruv Mehra DIN 10136584 | Nominee Director | 30 May 2024 | 2 yrs 4 mo | Moeving Turbo Charge Private Limited, Moeving Urban Technologies Private Limited, Moeving Auto Solutions Private Limited |
People of MoEving
2 people are tracked at MoEving (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Chief Strategy Officer | Leadership |
Complete people profiles for MoEving
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.
Financials of MoEving
Figures of Moeving Urban Technologies Private Limited, the primary company behind MoEving, for FY 2025. Revenue was ₹64.09 Cr. Net loss was -₹41.71 Cr (-65% margin). EBITDA was -₹22.86 Cr (-36% margin).
- ₹64.09 CrRevenue · FY 2025
- -₹41.71 CrNet loss · -65% margin
- -₹22.86 CrEBITDA · -36% margin
- ₹8.59 CrPaid-up capital
- 133Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Moeving Urban Technologies Private Limited are on its company page.
Detailed financial statements for MoEving
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by MoEving
MoEving has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Evongo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Evongo is identified as a company with domain evongo.com. | evongo.com | 0 | Jan 2025 | •••• |
Complete acquisition details for MoEving
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of MoEving
5 dated milestones of MoEving across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MoEving is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.7M.
- Acquisition Acquires Evongo.
Competitors of MoEving
MoEving has 3 listed competitors in our database, 3 of them funded. They include Zypp Electric, 3eco and Evify.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zypp.app | 2017 | Gurugram, India | $50.34M | 913 | Electric vehicles are supplied for last-mile delivery and rental needs. | |
| 3eco.in | 2020 | Bengaluru, India | $10.81M | 706 | Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment. | |
| evify.co.in | 2021 | Surat, India | $2.25M | 37 | Local deliveries are facilitated through electric vehicles by Evify. |
Detailed competitors of MoEving
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of MoEving
The website of MoEving (moeving.com) receives about 3K visits a month.
- Monthly visits3K
▲ 19.3% vs previous month
Websites whose visitors overlap most with MoEving. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| truckqik.com | 100% | 1.4K | #11,424,675 | View details | |
| zevoindia.in | 100% | 1.3K | #11,164,455 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as MoEving (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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Related news about Moeving
Complete news archive for MoEving
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Frequently Asked Questions about MoEving
MoEving was founded in 2021.
MoEving is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vikash Mishra is the CEO of MoEving, as recorded in our data. They have also founded this company.
MoEving is a funded company, having raised a total of $15.13M across 9 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Feb 2021.
MoEving was founded in 2021 in Gurugram, India, within the electric mobility sector. Electric pickup trucks and bikes are supplied for last-mile deliveries in logistics operations. A technology platform is employed to handle rentals, vehicle tracking, and fleet management. Demand aggregation, supply optimization, EV charging connections, and financing options are supported. Services target e-commerce, FMCG, groceries, and logistics sectors to address cost and emission reductions.
MoEving's top competitors include Zypp Electric, 3eco and Evify.
MoEving offers Electric Vehicle Rental, Charging as a Service, Driver Cum Owner Solutions, and EV Life Cycle Management.
MoEving has made 1 acquisition, including Evongo.
MoEving has 87 investors. Key investors include StrideOne, Strides Pharma Science, LetsVenture, JSW Ventures, and TradeCred.
The valuation of MoEving is $46.4M as of Apr 2023.
MoEving is associated with 3 legal entities: Moeving Turbo Charge Private Limited, Moeving Urban Technologies Private Limited, Moeving Auto Solutions Private Limited.
The legal entities of MoEving currently have 2 directors, including Dhruv Mehra, Vikash Mishra.