Evera Cabs Secures USD 4 Million Funding from Mufin Green Finance for EV Fleet Expansion
Evera Cabs, India’s all-electric app-based taxi service, has secured USD 4 million in funding from Mufin Green Finance to expand its EV fleet and accelerate sustainable urban mobility across both B2B and B2C segments.
June 25, 2025. By Mrinmoy Dey
“Our strategic partnership with Mufin Green Finance marks a pivotal step in scaling sustainable electric mobility. Their backing empowers us to accelerate the deployment of EVs and strengthen our operational backbone. Our recent acquisition of BluSmart’s fleet and driver network further enhances our capability to help corporate MNCs (B2B) meet their carbon reduction targets and to deliver ‘No cancellation and No surge Airport transfer services’ for Individuals (B2C),” said Nimish Trivedi, Co-founder and CEO, Evera Cabs.
“Evera’s vision for scalable, customer-first electric mobility perfectly aligns with our mission to democratise access to green transportation. Our investment goes beyond capital; it represents a strategic collaboration to strengthen India’s EV ecosystem. By supporting Evera’s all-electric fleet and robust service model, we are actively enabling the shift towards cleaner, smarter, and more sustainable urban transit,” said Kapil Garg, Founder and CEO, Mufin Green Finance.
With this infusion of capital and strategic backing, Evera is well-positioned to lead the next phase of growth in India’s electric mobility sector. The collaboration with Mufin Green Finance and the integration of BluSmart’s assets underscore Evera’s focused approach to building a resilient, future-ready EV ecosystem. “As the demand for sustainable transportation rises, Evera remains committed to delivering reliable, environmentally conscious mobility solutions that redefine urban commuting for millions, including individuals (B2C) and Corporations,” Evera stated.
please contact: contact@energetica-india.net.
Jameson Mendonca
Power Generation Business Leader
Cummins India’s Jameson Mendonca on Innovations in Gensets, Green Fuel, and Emission Compliance
Shilpy Dewan
VP – Markets, Operations & Digital
Digital Innovation and Storage will Drive India’s Green Future: Serentica’s Shilpy Dewan
Er. Neha Sakka
Electrical Engineer
She Matters: Women Remain Severely Underrepresented in EV and Green Workforces
Satish Talmale
CEO
India is Well-placed to Become a Global Leader in Energy Storage: EnerGrid CEO Satish Talmale
Anand Sri Ganesh, CEO, NSRCEL
Sapna Bhawnani
Alstom and NSRCEL on Empowering the Green Mobility Disruptors