What MoEVing does

MoEVing Urban Technologies Private Limited is a Gurugram-headquartered, India-focused EV logistics platform founded in 2021 that operates an OEM-agnostic, full-stack electric mobility service for intra-city last-mile delivery. The company combines electric vehicle leasing and rental (2W/3W/4W cargo vehicles from Tata, Piaggio, Bajaj, Euler, Mahindra, Switch and Altigreen), managed last-mile delivery operations for e-commerce, e-grocery, FMCG, logistics and D2C customers, a Driver Cum Owner (DCO) program that finances EV ownership for micro-entrepreneurs on EMI, and a Charging-as-a-Service network. It serves 20+ enterprise clients across 20 cities and 31 locations in India, with Zomato publicly visible as a flagship customer. The underlying technology is a driver-centric platform with driver/operations mobile apps (Android/iOS), an enterprise client portal branded Windblade, and an EV Life Cycle Management module that uses vehicle telemetry, battery data and driver behavior analytics to drive predictive maintenance and fleet optimization.

The business model is asset-light and multi-revenue. EVs are typically owned by OEMs or dealers (e.g., Tata Motors dealers Pascos, Johar Automobiles, Bhandari Automobiles own and maintain the 700-unit Tata Ace EV fleet) while MoEVing operates the vehicles and manages delivery, generating recurring leasing/usage-based revenue plus managed-services fees. The DCO channel adds a transaction/financing revenue layer via EMI arrangements, executed in partnership with StrideOne which acquired a strategic stake in December 2023 and committed ₹1,000 crore in EV financing deployment over 12–18 months. GTM is sales-led enterprise with regional business development heads in major metros, complemented by an OEM/dealer channel and a website enquiry funnel. Pricing is contract-based and not publicly disclosed. As of the most recent disclosures, the company has approximately 1,500 EVs in active operation, is expanding via a Switch Mobility pipeline of over 2,500 e-LCVs, and has raised roughly $10 million in disclosed equity funding (a $5M seed round in December 2021 and a $2.5M Series A from JSW Ventures in November 2022) with no disclosed revenue.

Name

MoEVing

Legal name

MoEVing Urban Technologies Private Limited

Website

https://moeving.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

MoEVing is India's largest EV logistics platform, offering OEM-agnostic electric vehicle leasing, end-to-end intra-city last-mile delivery, charging services, and a Driver Cum Owner financing program for 20+ enterprise clients across e-commerce, FMCG, logistics, and D2C sectors in 20 Indian cities.

Ownership category

akta.pro rank

Product category

Electric Vehicle Logistics Services

NAICS

Couriers and Express Delivery Services (4921), Local Messengers and Local Delivery (4922), Freight Transportation Arrangement (4885), Transportation and Warehousing (48-49)

SIC

Trucking & Courier Services (No Air) (4210), Services-Auto Rental & Leasing (No Drivers) (7510), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Last-Mile & Delivery Fleet Rental/Leasing (Vans, Box Trucks, Cargo Bikes) (TLABAHAG)

akta.pro secondary industries

Fleet Fuel, Toll & Expense Management Programs (TLABAHAL), Courier/Delivery Driver Vehicle Rental Programs (Gig/Owner-Operator) (TLABAGAI), Courier, Parcel & Last‑Mile Delivery Platforms (BPAMAHAD)

Keywords

• Electric vehicle leasing
• Last-mile delivery services
• EV fleet management
• Cargo electric vehicles
• Charging-as-a-service

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Electric Vehicle Rental and Leasing: Operates an asset-light leasing and rental model where OEMs/dealers own the vehicles and MoEVing operates them, generating recurring leasing/usage-based revenue. Fleet spans 2W, 3W and 4W EVs from multiple OEMs.
2. Intra-city Last-Mile Delivery Services: End-to-end managed delivery services from customer hubs to end-consumer for e-commerce, e-grocery, FMCG, logistics and D2C companies; full-stack solution as single point of contact.
3. Driver Cum Owner (DCO) Vehicle Financing: Vehicle financing offered on EMI terms to aspiring DCO micro-entrepreneurs, enabling them to own and operate EVs under the MoEVing brand; revenue from EMI/financing arrangements.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

MoEVing is India's largest full-stack EV logistics platform that delivers end-to-end intra-city last-mile delivery services to e-commerce, e-grocery, FMCG, logistics and D2C enterprises, while operating an asset-light, OEM-agnostic electric vehicle rental and leasing fleet across 2W/3W/4W cargo vehicles. The platform is supported by a driver-centric technology stack (mobile apps, Windblade client portal, and EV Life Cycle Management analytics), a Charging-as-a-Service network of MoEVing Spaces, and a Driver Cum Owner (DCO) micro-entrepreneurship program offering EV financing on EMI terms.

Product overview

MoEVing is a single integrated EV logistics platform — India's largest full-stack electric mobility platform — composed of a core last-mile delivery service surrounded by supporting modules and a multi-OEM electric vehicle rental fleet. At the centre is the Intra-city Last Mile Delivery Services offering, which serves as the single point of contact for e-commerce, e-grocery, FMCG, logistics and D2C clients across 20+ Indian cities, and is operated through MoEVing's driver and operations mobile app (Android/iOS) and the Windblade client portal. Wrapped around the core service are four solution modules — Charging as a Service, Driver Cum Owner (DCO) Solutions, EV Life Cycle Management Solutions (data- and AI-driven predictive maintenance and fleet optimization), and an OEM-agnostic electric vehicle rental/leasing catalogue that spans 3-wheeler cargo vehicles (Piaggio Ape-e Xtra, Altigreen neEV Tez, Euler HiLoad EV, Bajaj Maxima XL Cargo E-Tech) and 4-wheeler cargo vehicles (Tata Ace EV, Ashok Leyland Switch IeV 3 & 4) from partners including Tata, Piaggio, Bajaj, Euler, Mahindra, Altigreen and Switch Mobility.

Differentiator

Problem solved

Functional benefit

Brands

• DCO (Driver Cum Owner): A MoEVing program that enables drivers and small fleet owners to own and operate EVs under the MoEVing brand.
• Windblade

Products and services

• Intra-city Last Mile Delivery Services Full-stack, single-point-of-contact intra-city delivery solution for e-commerce, e-grocery, FMCG, logistics and D2C companies covering end-to-end movement from the client's hub to the end consumer across 20+ Indian cities.
• Charging as a Service Charging infrastructure operated by MoEVing and through partner charging hubs, providing vehicle charging, parking and maintenance services to fleet operators and driver partners, with live-location-based charging-station discovery.
• Driver Cum Owner (DCO) Solutions Program enabling drivers and small fleet owners to own and operate EVs under the MoEVing brand via flexible vehicle financing on easy EMI terms and bundled business support, targeting 100,000 EV micro-entrepreneurs by 2026.
• EV Life Cycle Management Solutions Data- and AI-driven solution using vehicle, battery and driver analytics alongside life-cycle and location data to enable predictive maintenance, battery insights and fleet optimization for better collateral management.
• MoEVing Mobile Application Driver- and operations-facing mobile app available on Android (Google Play) and iOS (App Store) that powers trip capture, last-mile delivery tracking, live location sharing with nearby charging-station lookup and feedback workflows for MoEVing's fleet.
• Windblade Client Portal Web-based client login portal for MoEVing's enterprise customers to manage rentals, deliveries and account activity linked to the MoEVing platform.
• Tata Ace EV Rental Four-wheeler electric cargo vehicle available on lease/rent from MoEVing. 21.3 kWh LFP battery, ~154 km range, 600 kg payload, top speed 50 kmph, with telematics and 7-inch infotainment; used for last-mile intra-city deliveries.
• Ashok Leyland Switch IeV Rental Electric light commercial vehicle available on lease from MoEVing in IeV 3 and IeV 4 variants. Up to 120 km range, 1,200–1,700 kg payload, top speed 70–80 kmph, with regenerative braking and power steering.
• Piaggio Ape-e Xtra Rental Three-wheeler electric cargo vehicle (Piaggio Ape Extra FX) available on lease/rent from MoEVing. 8 kWh LFP battery, ~115 km range, 480 kg payload, top speed 50 kmph, designed for narrow urban last-mile routes.
• Altigreen neEV Tez Rental Three-wheeler electric cargo vehicle available on lease/rent from MoEVing. 11 kWh lithium-ion battery, ~151 km certified range, 688+ kg payload, top speed 53 kmph, IP-rated waterproof components, running cost of 0.92 paise per km.
• Euler HiLoad EV Rental Three-wheeler electric cargo vehicle available on lease/rent from MoEVing, deployed PAN India. 13 kWh liquid-cooled lithium-ion battery, 100–120 km real-world range, 688–727 kg payload, fast-charging capable.
• Bajaj Maxima XL Cargo E-Tech Rental Three-wheeler electric cargo vehicle (Bajaj Maxima XL Cargo E-Tech) available on lease/rent from MoEVing. 11.8 kWh LFP battery, ~183 km on-road range, 377 kg kerb / 600 kg payload, top speed 40 kmph, with regenerative braking, geo-fencing and fleet telematics.

Quantifiable outcome

• 700 EV deployment projected to cut ~2,000 tonnes of carbon emissions annually
• +5 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• myTVS (TVS Mobility Group)coreStrategic or Co-development Partner · 23 September 2024myTVS, part of the $3-billion TVS Mobility Group, launched a mobility-as-a-service (MaaS) platform targeting last-mile EV fleets with services including leasing, real-time fleet management, charging solutions, insurance, and tyre management. MoEVing partnered with myTVS at launch to accelerate EV adoption in the Indian market. Announced September 2024.
• Switch Mobility (Ashok Leyland's EV arm)flagshipOEM/ Whitelabel/ Licensing Partner · 16 April 2024Switch Mobility tied up with MoEVing to deliver over 2,500 units of e-LCV (Switch IeV 3 and IeV 4). Announced April 16, 2024. Switch IeV 3 is ideal for last-mile delivery and urban logistics with payload of 1,200 kg; Switch IeV 4 is suited for broader commercial applications with payload of 1,700 kg and 120 km range.
• Tata Motors (dealers: Pascos, Johar Automobiles, Bhandari Automobiles)flagshipOEM/ Whitelabel/ Licensing PartnerMoEVing partnered with Tata Motors Commercial Vehicle dealers to lease 700 electric small commercial vehicles (Ace EV and Ace Pro EV) for last-mile deliveries across Delhi NCR, Mumbai, Pune, Chennai, Hyderabad, Bengaluru and Kolkata. Tata Motors dealers own and maintain the fleet while MoEVing operates it. The deployment is expected to cut carbon emissions by nearly 2,000 tonnes annually and clock 25 million green km/year, catering to over 20 enterprise clients in e-commerce, logistics and FMCG. Marks the largest deployment of Tata electric commercial vehicles in the country.
• Bajaj AutocoreOEM/ Whitelabel/ Licensing PartnerBajaj partnership to deploy Bajaj Maxima XL Cargo E-Tech on MoEVing's lease/rent platform. Deployed across Delhi, Mumbai, and Bangalore. 8.9 kWh LFP battery, 183 km range, 600 kg payload. Target industries include e-commerce, retail, food delivery, pharmaceuticals.
• Euler MotorscoreOEM/ Whitelabel/ Licensing PartnerPartnership to integrate Euler HiLoad EV (688 kg payload, 13 kWh battery, 100-120 km range) into MoEVing's fleet, deployed PAN India across key urban areas.
• AltigreencoreOEM/ Whitelabel/ Licensing PartnerAltigreen neEV Tez deployment on MoEVing lease/rent — 11 kWh battery, 151 km certified range, 688-727 kg payload, 0.92 paise per km running cost. Backed by 28 global patents.
• PiaggiocoreOEM/ Whitelabel/ Licensing PartnerPiaggio Ape Extra FX (LFP battery, 115 ± 5 km range, 480 kg payload, 50 km/hr top speed) deployed on MoEVing's lease/rent platform for last-mile urban logistics.
• MahindraminorOEM/ Whitelabel/ Licensing PartnerListed as one of MoEVing's OEM partners for electric fleet deployment alongside Tata, Piaggio, Bajaj, Euler, and Switch.

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Porter: Tech-enabled intra-city logistics platform connecting businesses with truck and two-wheeler drivers for on-demand deliveries. Comparable to MoEVing on the intra-city, app-based last-mile delivery layer, though Porter aggregates third-party vehicles rather than operating an owned/leased EV fleet.
• Sun Mobility: Provider of battery-swapping and charging-as-a-service infrastructure for EVs in India. Comparable to MoEVing on the Charging-as-a-Service and battery-management pillars, though Sun Mobility is infrastructure-led rather than fleet-led.
• Bounce (Bounce Infinity): Indian EV two-wheeler rental and subscription operator. Comparable to MoEVing on the rental/subscription model for EVs and the DCO-equivalent micro-entrepreneur program, though focused on riders rather than commercial cargo.
• Blackbuck (FleetX): Indian trucking and fleet-management platform providing telematics, load matching, and fleet operations software. Comparable to MoEVing on the data-and-telematics layer for commercial fleets and on the fleet optimization thesis, though fleet ownership sits with third parties.
• Yulu: Indian shared electric mobility operator focused on e-bikes and e-scooters for delivery and personal use via battery-swapping infrastructure. Comparable to MoEVing on the EV fleet + battery-as-a-service stack and on shared-mobility economics, though Yulu is micro-mobility-led.

Direct peers

• BluSmart: India's largest all-electric ride-hailing fleet operator with a focus on full-stack EV mobility. Comparable to MoEVing on asset-heavy EV fleet operations, technology-driven dispatch, and a sustainability-led brand, though it serves passenger rather than cargo demand.
• Lithium Urban Technologies: Pioneer of corporate EV fleet operations in India, providing electric cars to enterprises for employee transportation. Comparable to MoEVing's enterprise-led, full-stack EV fleet model and its focus on managed mobility for large corporate customers.
• Zypp Electric: India-based EV-as-a-service platform operating an electric two-wheeler fleet for last-mile grocery, e-commerce, and food delivery. Most directly comparable to MoEVing on EV fleet leasing for last-mile delivery and shared target customers (Zomato, Swiggy, Blinkit).

Broad incumbents

• Mahindra Logistics: Large Indian 3PL and supply-chain operator with growing EV last-mile initiatives. Comparable to MoEVing on enterprise-led last-mile delivery and on the EV-fleet electrification trend, but offers a much wider portfolio of logistics services.
• Delhivery: India's largest third-party logistics and last-mile delivery company, serving e-commerce and enterprise shippers. Comparable to MoEVing on target customers (Zomato, e-commerce majors) and on the end-to-end managed delivery thesis, but operates a much broader, asset-heavy network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/moeving
• YouTubeyoutube.com/@getmoeving
• LinkedInlinkedin.com/company/moeving-urban-freight
• Instagraminstagram.com/_moeving_
• Facebookfacebook.com/LetsGetmoEVing

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MoEVing