Milo Drive funding, investors and company details

Milo Drive is an emerging Automobile - EV startup from Gurugram, working in the space of Technology-driven electric vehicle mobility platform that serves as an operating layer for India's growing EV fleet ecosystem. Founded by Monil Jayeshkumar Khatri, Vishal Jewrajka.

Company: Milo Mobility Private Limited
Sector: Automobile - EV
Location: Gurugram
Founders: Monil Jayeshkumar Khatri, Vishal Jewrajka
Total funding raised: ₹22.98 Cr

Company overview

Milo Drive is a technology-driven electric vehicle mobility platform that serves as an operating layer for India's growing EV fleet ecosystem. Rather than owning fleets directly, it empowers electric cab drivers and small fleet operators with tools for route optimisation, charging intelligence, demand aggregation, predictive maintenance, and earnings tracking — all on a single platform. Connecting operators with corporate travel, airport transfers, and rental services, Milo Drive uses AI and machine learning to maximise vehicle uptime, reduce downtime, and improve operational efficiency, making EV adoption more accessible and commercially viable for commercial drivers across India.

Funding rounds

Latest round (Seed): $ 2.40 Mn (₹22.98 Cr.), 2026-07-09. Investors: Caret Capital, Antler India