Advance Mobility Raises $3 Mn From Finvolve, India Accelerator, Others

Specialising in optimising fleet operations for platforms like Uber, Advance Mobility addresses challenges faced by market players, customers, and drivers alike

Advance Mobility, ride-sharing mobility player, has raised USD 3 million at an undisclosed valuation, from top investors including India Accelerator and Finvolve.

Specialising in optimising fleet operations for platforms like Uber, Advance Mobility addresses challenges faced by market players, customers, and drivers alike.

On this occasion, Mohit Jalan, Founder of Advance Mobility said “We are incredibly thankful to India Accelerator, Finvolve and all our investors for their tremendous support. With changing dynamics, mobility as a solution is emerging as a massive opportunity and Advance Mobility is fully committed to continue expanding in this direction.”

Apoorva Vora of Finvolve, expressed enthusiasm for the investment: “We are excited to support Advance Mobility as they push the boundaries of innovation in the mobility industry. Our investment aligns with Finvolve's mission to back ventures that create meaningful, positive change. We have great confidence in the team’s vision and believe their advancements will shape the future of transportation.”

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