About MoEving
MoEving is a company based in Gurugram (India) founded in 2021 by Vikash Mishra and Mragank Jain.. 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 offers products and services including Electric Vehicle Rental, Charging as a Service, Driver Cum Owner Solutions, and EV Life Cycle Management. MoEving operates in a competitive market with competitors including Zypp Electric, 3eco, Evify, BluWheelz and Pickkup, among others.
- Headquarter Gurugram, India
- Founders Vikash Mishra, Mragank Jain
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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 Total Funding
- Total Rounds 9
- Last Round Series A — $1.7M
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First Round
First Round
(13 Feb 2021)
- Investors Count 87
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - MoEving | Valuation | LIC IT Professionals , Safexpress | |
| Apr, 2023 | Amount | Series A - MoEving | Valuation | StrideOne |
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| Oct, 2022 | Amount | Series A - MoEving | Valuation | JSW Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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JSW Ventures is engaged in venture capital funding for startups.
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Founded Year | Domain | Location | |
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Revenue-based growth capital is provided for Indian entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital firm investing in tech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MoEving
MoEving has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Evongo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Evongo is identified as a company with domain evongo.com.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MoEving
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Moeving Comparisons
Competitors of MoEving
MoEving operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zypp Electric, 3eco, Evify, BluWheelz and Pickkup, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric vehicles are supplied for last-mile delivery and rental needs.
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| domain | founded_year | HQ Location |
Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment.
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| domain | founded_year | HQ Location |
Local deliveries are facilitated through electric vehicles by Evify.
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| domain | founded_year | HQ Location |
Electric vehicle fleets are provided for last-mile logistics operations.
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| domain | founded_year | HQ Location |
End-to-end logistics solutions are delivered using an electric fleet.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Moeving
Frequently Asked Questions about MoEving
When was MoEving founded?
MoEving was founded in 2021.
Where is MoEving located?
MoEving is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of MoEving?
Vikash Mishra is the current CEO of MoEving. They have also founded this company.
Is MoEving a funded 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 Series A of $2.5M, raised on Feb 13, 2021.
What does MoEving do?
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.
Who are the top competitors of MoEving?
MoEving's top competitors include Zypp Electric, Pickkup and 3eco.
What products or services does MoEving offer?
MoEving offers Electric Vehicle Rental, Charging as a Service, Driver Cum Owner Solutions, and EV Life Cycle Management.
How many acquisitions has MoEving made?
MoEving has made 1 acquisition, including Evongo.
Who are MoEving's investors?
MoEving has 87 investors. Key investors include StrideOne, Strides Pharma Science, LetsVenture, JSW Ventures, and TradeCred.
What is MoEving's valuation?
The valuation of MoEving is $46.4M as of Apr 2023.