Snap-E Cabs raises $2.5 Mn in bridge round led by IPV

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Snap-E Cabs, an electric mobility startup, has raised $2.5 million in a bridge round led by Inflection Point Ventures, with participation from ah! Ventures and angel investors including Shish Kharesiya, Praveen Chand, and Jaspreet Kaur. 

Earlier in February last year, the startup had raised $2.5 million in pre-Series A funding from Inflection Point Ventures, which supported its entry into Delhi through a partnership with Rapido, deploying 200 cars in the last three months.

The proceeds will be used for product development, leasing more EV cars, and…



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Snap-E Cabs raises $2.5 Mn in bridge round led by IPV


Snap-E Cabs, an electric mobility startup, has raised $2.5 million in a bridge round led by Inflection Point Ventures, with participation from ah! Ventures and angel investors including Shish Kharesiya, Praveen Chand, and Jaspreet Kaur. 

Earlier in February last year, the startup had raised $2.5 million in pre-Series A funding from Inflection Point Ventures, which supported its entry into Delhi through a partnership with Rapido, deploying 200 cars in the last three months.

The proceeds will be used for product development, leasing more EV cars, and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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