Milo Drive raises $2.4M seed

◆ Amount

$2.4M

◆ Announced

8 Jul 2026

◆ Company

◆ Source

◆ The Round

Milo Drive raised $2.4M in seed funding, announced on 8 July 2026, led by Caret Capital, with participation from Antler India, Alteria Capital, IAN Capital, Climate Angels, Aureolis Capital. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.

◆ About Milo Drive

An asset-light, technology-led electric vehicle (EV) mobility platform for India's ride-hailing and urban transportation ecosystem. Milo Drive is based in India and currently at seed stage, operating in Micromobility, Climate Tech.

◆ Investors

◆ Investing funds on Raise

• Xinglian Capital

◆ Market context

Xinglian Capital is profiled on Raise, Fusion42's database of venture funds — where each investor's thesis, cheque size and other tracked backings can be followed. This funding event is a citable node in Fusion42's market graph: it links Milo Drive's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.

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