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Wednesday, March 29, 2023

Evera closed Pre-Series A round, raises USD 7 Mn USD, Auto News, ET Auto

Evera has raised USD 7 mn in total funding till date.

New Delhi: Evera- an EV Cab service provider, has marked the final closure of its pre-Series A funding round at USD 7 million. The company secured the investments in two tranches, initially led by IEG Investment Banking Group, Germany and later Direct Capital- a subsidiary of Devonshire Capital, Thailand & Westova Global, Singapore came together in the closure of this round.

Evera has raised USD 7 million in total funding till date.

With this investment, the company aims to utilize the added funds to expand its EV cab services across the capital and expand technological advancements.

On the growth, expansion, and investment, Nimish Trivedi, Co-founder & CEO -Evera, said, “We are privileged to have a strong set of prominent global investors who believe in our mission of building sustainable commutes as it is a pressing need. We have…

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