Drivn operates as an OEM-agnostic, full-stack electric mobility platform designed for inter-city transport operators, logistics providers, and asset-intensive industries shifting to zero-emission fleets. The company combines vehicle ownership with a proprietary tech stack that plans charging infrastructure, manages battery life cycles, oversees fleet operations, and handles end-of-life solutions. Its model targets underserved heavy-duty segments such as inter-city buses and heavy trucks, which offer significant emissions-reduction potential yet face limited financing options. Phase 1 of Drivn’s rollout aims to deploy nearly 1,000 electric buses and trucks, leveraging on-ground operating data to maximize asset utilization and performance. By enabling Scope 3 emissions reductions for sectors like logistics, cement, and steel, Drivn supports India’s goal of 30 percent EV penetration by 2030. Co-founded in 2023 by Manav Bansal and Alpna Jain, the startup positions itself as a long-term infrastructure provider for India’s commercial transport electrification. Its integrated approach is intended to deliver operational efficiency and financial viability at fleet scale. The recent $80 million financing commitment from Nomura underscores investor confidence in the company’s strategy and growth plans.

Total raised

$80M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026