Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Rotary Club of Ahmedabad Skyline channelised  an amount Of Rs 2 lakh through Rajyash Regius for the family of the home guard who died in Iscon flyover accident Lifestyle
  • Tribute to Visionary Leaders, Turning Dreams into Reality on this National Startup Day Business
  • Phantom Digital Effects Announces Its Growth Trajectory Business
  • Young Talent Sanskriti Sharma to Shines on TV and Big Screen Entertainment
  • Pune’s Goel Ganga Group, MD win prestigious awards Business
  • Kreddy Brands Lets Retailers Dealing In Men’s Apparel Breathe A Sigh Of Relief By Helping Them Make Wholesale Purchases Online Business
  • Indus Footwear: leading footwear company in India Business
  • Alembic Real Estate Clinches Three Prestigious Awards at the 2024 Economic Times Real Estate Conclave and Awards Business

ENVI announces closure of its Seed round

Posted on July 23, 2022 By

Bangalore (Karnataka) [India], July 15: Bengaluru-based electric sustainable energy taxi service, ENVI (Malbork Technologies) founded in 2018 by N Sanjeev Kumar raised its seed round from Bestvantage investments and marquee investors. Envi, is an environmentally friendly electric vehicle and the city’s only app based B2C EV taxi aggregator service.

According the Sanjeev, founder ENVI https://www.malbork.in/#/  , the funds will be used for the funds will be allocated towards taking cars on lease, taking the EV ecosystem to the next level, and on-boarding new talent to optimize the team for its future goals.

Sanjeev outlined his vision and future outlook for ENVI “We are developing a sustainable transportation paradigm to improve one’s quality of life in our communities through the deployment of zero-emission electric vehicles and the employment of low income community people. We are expanding the number of electric vehicles on the road and producing social value in collaboration with our EV manufacturers, fast charging partners, driver community and local government bodies.

Since 2018, the brand has onboarded close to 100 EVs and saved 40+K of CO2 emissions. ENVI’s revenue has grown steadily, and in June the brand achieved the highest ever monthly revenue, trips and user addition. The growth is driven by some innovative customer focussed features such as choose your driver, no driver cancellations, sustainability and no surge pricing to name a few.

Recently, Yamaha Motor’s Moto Business Service India (MBSI) also invested an unknown sum in B2C cab aggregator Malbork Technologies to enter the electric vehicle segment for four-wheelers. The firm intends to onboard electric automobiles in several cities, providing work possibilities for youth.

“We are proud to collaborate with ENVI and help them close the seed round. We believe deeply in the ethos of sustainability and would want to thank all our investors who supported us in this cause”, said Raman Sharma, founder Bestvantage investments.

Bestvantage investments is an investment platform that offers one stop solution to all Startups investment needs by offering investors an opportunity to invest in verified startups that are poised to be the unicorns of tomorrow. Visit https://www.bestvantageinvestments.com/ for more such startups

Contact: raman@bestvantageinvestments.com

Business Tags:Business

Post navigation

Previous Post: Gujarati film Mane Lai Ja is all set to release on 5th August, 2022
Next Post: Tezos India rolls out Game Launchpad to facilitate Web3 Games Development

Related Posts

  • Lincoln Pharmaceuticals Ltd enters elite league; Enters Rs. 1,000 crore plus market cap club Business
  • TRONADO – Fastest Growing Crypto Community giving away up to $10000 Business
  • Stout Sanitaryware Unveils Exclusive Display Centre in Goregaon: New Destination for Luxurious Bath Fittings Business
  • Experience the Future of Audio with oraimo’s Open-Ear Headphones Business
  • Access Affordable yet Luxury Houses with Kalyan Group Business
  • 7 Years of Trailblazing Digital Strategies for Brand Momentum & Market Leadership Business

Recent Posts

  • Nitrro Bespoke Fitness Powai’s 6th Anniversary Was a Stellar Celebration of Strength & Style Spearheaded by Prabodh V. Davkhare
  • Unity for Growth: Leaders Unite for a Developed India Vision
  • Sarvajanik University Represents India at Prestigious 19th World Sanskrit Conference in Nepal
  • Jacqueline Fernandez, Sanya Malhotra and Jackie Shroff back Shriyam Bhagnani’s Sumo Didi
  • Mumbai’s Komal Vaidya Takes Centre Stage with Silver Category Win at National Pageant

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Toewoe Sells 10K Units of Customizable Slides within 3 Months of Its Inception Business
  • AIMER B School sets new Record with students securing Highest average salary in Kerala Education
  • Shiv Vilas becomes one of the best Destination wedding palaces in India Lifestyle
  • Golden Triumph: Hardik Shekar’s Archery Victory at the 2023 International Championships Sports
  • Sayba Group’s Strategic Redevelopment Projects to Transform Jogeshwari and Bandra West Business
  • FOSTTA Celebrates “World Saree Day” Lifestyle
  • QMS Medical Allied Services Ltd’s Rs. 56.87 crore public issue on NSE EMERGE platform opens for subscription on September 27 Business
  • Sheth Realty and Aakshya Realty Unveil Landmark Sion Project with Star-studded Launch Featuring Badshah Business

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme