Milo Drive builds an asset-light, technology-led EV mobility platform that aggregates demand across ride-hailing, corporate travel, airport transfers, rentals and other mobility channels. The platform uses data intelligence and machine-learning-led ride assignment to improve vehicle utilisation, driver earnings and service reliability. Founded by Monil Jayeshkumar Khatri and Vishal Jewrajka, the company has powered more than one million rides to date. Milo Drive positions itself as the supply layer to make it economically viable for individual drivers and small operators to own and run electric vehicles. Coverage highlights a broader market opportunity as EV penetration in Indian cab fleets is under 5 percent and industry projections forecast rapid growth through 2030. The company is pursuing expansion of its technology-enabled EV supply in India's ride-hailing ecosystem.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2026