Gurugram-based electric mobility platform, Trevel, operated by Inwisement Technologies, has raised $1 million in a funding round co-led by India Accelerator, Finvolve, the Haldiram Family Office, and Rohit Qamra.

The company said it will use the funding to expand its electric vehicle (EV) fleet, enhance its technology platform, increase marketing efforts, and strengthen operations.

The funding round also saw participation from RMRN Ventures, BP Jain Holdings, Bipin Preet Singh, Aakash Goyal, Aakash Anand, Aditya Singh, and other investors.

Trevel provides EV-based cab services, focusing on reliability, safety, and service consistency in urban mobility. The company operates its services around the clock and uses an all-electric fleet.

According to the company, the funding will support the scale-up of its operations and technology platform as it expands its presence in the electric mobility segment.

In April this year, the Delhi government proposed an EV policy mandating that only electric two-wheelers be registered by 2028 and 100% road tax waiver for electric cars.

The policy proposes that fleet aggregators and delivery service providers must not induct conventional internal combustion engine vehicles, including four-wheelers (4Ws), light commercial vehicles, 4Ws light goods vehicles (N1 category up to 3.5 Ton), and 2Ws.

EV sales in India reached 696,769 units in the first quarter of 2026, an increase of over 35.5% year-over-year from the 514,198 units.

EVs account for 9% of overall automobile sales, which totaled 7,889,101 units in Q1 2026, according to data released by the Ministry of Road Transport and Highways through its Vahan Dashboard. India now has over 8.35 million registered EVs. Electric four-wheelers accounted for 8% of total sales, or 55,200 units, in Q1.

In June last year, the Ministry of Heavy Industries launched the application portal for the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India, inviting global and domestic manufacturers to establish EV production facilities in the country.

The program aims to attract major global EV manufacturers by offering a reduced customs duty structure and a policy framework that encourages long-term investments in India’s automotive sector.