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TREVEL, a premium and safety-focused all-electric cab-hailing platform, is currently in the process of raising $1 million, with early investor commitments already secured. The fundraise marks a key step in the company’s next phase of growth, with further details expected after the round closes.
Founded to address gaps in reliability, safety, and service quality in India’s cab-hailing ecosystem, TREVEL operates on a fully integrated model, owning its fleet and directly employing drivers. This approach enables zero cancellations, clean and well-maintained vehicles, professionally trained chauffeurs, and a consistent ride experience. The platform also offers transparent per-kilometer pricing with no surge charges.
TREVEL currently provides airport transfers, city rides, and hourly rental services. The company has gained early traction in Gurugram, where it is steadily expanding operations and building a base of repeat users driven by service consistency. It aims to scale its fleet to over 500 vehicles and serve more than 50,000 passengers per month by FY2027, with plans to expand across Delhi-NCR and other major cities.
The funds raised will be used for fleet expansion, technology development, and strengthening operational systems. A key focus will be on scaling its EV fleet, improving driver and vehicle integration, and advancing its proprietary technology platform, including an upcoming mobile app launch.
Commenting on the development, Mishu Ahluwalia, Co-Founder and CEO of TREVEL, said the company aims to bring predictability and trust back to urban mobility through fixed pricing and guaranteed rides. He added that early investor interest reflects confidence in a reliability-first mobility model.
In the long term, TREVEL aims to become India’s largest EV cab-hailing platform, targeting a network of 20,000 vehicles across five major cities and an annual revenue run rate exceeding ₹2,000 crore by 2030.
