Milo Drive
Gurgaon, India
◆ Total Raised
$2.4M
◆ Stage
seed
◆ Location
Gurgaon, India
◆ Founded
2024
◆ Team size
11-50
◆ Links
◆ About Milo Drive
An asset-light, technology-led electric vehicle (EV) mobility platform for India's ride-hailing and urban transportation ecosystem.
◆ What sets it apart
Milo Drive differentiates itself by integrating AI, IoT, and real-time data into fleet operations to enable predictive maintenance, extend asset life, and reduce vehicle downtime while connecting drivers to multiple mobility platforms.
◆ Sectors
◆ Business
Modelmarketplace
CustomerEV drivers, fleet operators, ride-hailing platforms, and corporate mobility services
◆ Notable
- Signed MoU with Citroën India to deploy 500 ë-C3 electric vehicles across India as of November 21, 2025
- Currently operates over 300 vehicles and has completed more than 250,000 rides across Indian cities
- Completed Pre-Seed funding round in October 2024
- Launched Milo Drive Pilot app for EV drivers and fleet owners to track earnings and monitor vehicle performance
◆ Backing funds on Raise
- Xinglian Capitalseed
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Milo Drive do?
An asset-light, technology-led electric vehicle (EV) mobility platform for India's ride-hailing and urban transportation ecosystem.
Where is Milo Drive based?
Milo Drive is based in Gurgaon, India, founded in 2024.
How much has Milo Drive raised?
Milo Drive has raised $2.4M in tracked funding and is currently at the seed stage.
Who has invested in Milo Drive?
Investors in Milo Drive include Climate Angels.