New Delhi, July 9 -- Electric mobility startup Milo Drive has secured $2.4 million (Rs.22.9 crore) in seed funding co-led by Caret Capital and Antler, as it aims to scale its technology platform for India's expanding electric vehicle fleet ecosystem.

The round also saw participation from Alteria Capital, India Angel Network (IAN) Capital, Climate Angels, Aureolis Capital, and other investors. Founded in 2024 by Monil Jayeshkumar Khatri and Vishal Jewrajka, Milo Drive operates a digital platform tailored for electric cab drivers and small fleet operators, connecting them with ride demand, charging infrastructure, and fleet management tools to enhance utilisation and operational efficiency.

The startup said the newly raised capital will b...