MetroRide India-based, an AI-powered electric mobility platform, announced has raised an undisclosed amount in a seed round from angel investors in Silicon Valley, New Jersey, and India, including senior global executives Shailesh Powdwal, Sudhir Pai, Bhagirath Tanna, and serial entrepreneur Sushant Divakar.
The fund will be utilized to increase the company's all-green, all-electric fleet in Bengaluru and Delhi NCR. A portion of the funds will be used to improve its AI engine.
Company: MetroRide/ThinkCrazy Technologies Pvt Ltd
Round: Seed Round
Funding Month: August 2021
Lead Investors: Shailesh Powdwal
Additional Investors: Sudhir Pai, Bhagirath Tanna, and serial entrepreneur Sushant Divakar
Company Website: https://www.metroride.in/
Software Category: AI-powered electric mobility platform
About the Company: Girish Nagpal and Kaaman Agarwal founded the company in the year 2020 to answer the problem of first- and last-mile connectivity to high-frequency locations such as corporate parks, metro stations, educational centers, and so on. The company provides 100% green travel solutions to its customers through its AI-powered cloud-based application. With its electric vehicles, MetroRide also hopes to improve the EV adoption scenario.