# Drivn Transition Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/drivn-transition-private

- Industry: Business Support Services
- Headquarters: Gurgaon, India
- Website: www.drivn.co.in/
- Total disclosed funding: $4.7M
- Latest round: Seed (Sep 21, 2026)
- Investors on record: 1

## About

Based in Gurgaon, India, and founded in 2025, Drivn Transition Pvt Ltd operates in the electric vehicle space, specializing in leasing electric commercial vehicles. Drivn Transition Pvt Ltd was co-founded by Manav Bansal (CEO), Alpna Jain, Madhujeet Chimni. In September 2026, Drivn raised INR 450 million in seed funding led by Avaana Capital. Drivn Transition Pvt Ltd specializes in the ownership and leasing of electric commercial vehicles, notably buses and medium to heavy-duty trucks, aimed at promoting fleet electrification across India. By addressing critical gaps in financing, deployment, and infrastructure, the company develops innovative leasing solutions that facilitate the transition to electric vehicle (EV) fleets for businesses. Their services include long-tenure leases, tailored debt solutions, and buy-back or residual value structuring, all designed to meet the diverse needs of commercial clients. The primary end users encompass logistics companies, municipal transport operators, and any businesses requiring a sustainable fleet solution. The company's products are targeted at the Indian market, where the push for zero-emission logistics aligns with government initiatives and environmental goals. Drivn Transition Pvt Ltd generates revenue primarily through leasing agreements for its electric commercial vehicles, which are structured to provide flexible payment options and long-term rental arrangements. Business transactions typically occur in a B2B framework, where clients engage with the company to lease vehicles for specified durations, often accompanied by comprehensive support in financing and infrastructure setup. Clients may enter into partnerships that include customized financial structuring to optimize capital efficiency for large-scale deployments. The company’s flagship offerings include tailored leasing solutions that cater to clients’ specific operational needs, thereby fostering a sustainable transition to electric mobility. The company is planning to use the September 2026 funding to address operational needs and fund general corporate activities.

## Funding rounds

- Seed, Sep 21, 2026, $4.7M — Avaana Capital

## Investors

- Avaana Capital (https://capitalatlas.ai/funds/avaana-capital) — Seed