TREVEL, a premium all-electric cab-hailing startup focused on safety and reliability, has initiated a $1 million fundraising round, with early investor commitments already secured. The funding marks a key step in the company’s expansion strategy as it aims to redefine urban mobility in India.
Founded to address persistent challenges in the ride-hailing sector—such as cancellations, inconsistent service, and surge pricing—TREVEL operates on a fully integrated model. Unlike traditional aggregator platforms, the company owns its fleet and directly employs drivers, enabling tighter operational control and consistent service delivery.
This model allows TREVEL to offer features such as zero ride cancellations, transparent per-kilometer pricing without surge, professionally trained chauffeurs, and well-maintained electric vehicles. The company currently provides services including airport transfers, city rides, and hourly rentals, with strong early demand across all segments, particularly for reliability-focused use cases.
TREVEL has already demonstrated promising traction in Gurgaon, where it is steadily building a loyal customer base driven by service consistency rather than discounts. The startup aims to scale its operations significantly, targeting a fleet of over 500 vehicles and more than 50,000 monthly passengers by FY2027. Expansion plans include extending services across the Delhi NCR region and eventually into other major metropolitan cities.
The capital raised will be used to accelerate fleet expansion, strengthen technology infrastructure, and enhance operational systems. A major focus will be on growing the electric vehicle fleet and improving supply reliability through deeper integration of drivers and vehicles. The company is also preparing to launch its proprietary mobile app and invest in backend systems for predictive maintenance, fleet optimization, and improved customer experience.
Speaking on the development, CEO Mishu Ahluwalia highlighted the company’s mission to bring predictability back to urban transportation. He noted that growing investor interest reflects confidence in a reliability-first approach, which he believes will shape the future of mobility in India.
Looking ahead, TREVEL has set ambitious long-term goals. The company plans to scale to 20,000 vehicles across five major cities and achieve an annual revenue run rate exceeding ₹2,000 crore by 2030. Its vision is to become India’s largest electric cab-hailing platform, combining sustainability with operational efficiency and consistent service quality.
A follow-up announcement detailing investor participation and further expansion plans is expected once the funding round is officially closed.
