EV start-up MoEVing raises $2.5 mn from JSW Ventures for e-mobility biz

Funding will also support firm's expansion across multiple cities in India and team building across functions; current round brings MoEVing's total funding to $10 million

Electric mobility tech platform MoEVing has raised $2.5 million from JSW Ventures. The funds will be used by the company to further strengthen its electric mobility platform for driver partners across India.

The company will also use the capital raised to support its expansion across multiple cities in India and build a team across functions with a high focus on technology, the firm said in a statement. The current round brings MoEVing’s entire funding to $10 million.

“MoEVing's approach to the Indian market is holistic and places the driver at the core of its service proposition. The company’s full stack