Mumbai, Oct. 7 -- Electric mobility startup Trev Mobility plans to raise USD 2 million in its upcoming funding round to expand its fleet, enter new geographic markets and develop technology and operational infrastructure.

At present, the company operates a fleet of 105 EVs and plans to expand to 300 vehicles by the end of FY2027. The business targets a fleet size of 2,500 electric vehicles by 2031 through expansion across metropolitan regions and selected Tier-2 locations.

Trev Mobility previously raised INR 35 million from service users and reports progress toward PAT positivity at an annualised revenue run rate of approximately INR 150 million.

Naveen Gupta, Founder, Trev Mobility, said, "We have built Trev around a very clear custom...