# MOOEV Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mooev-technologies-private

- Industry: Software
- Headquarters: Chennai, India
- Website: www.mooevtech.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Oct 12, 2024)
- Investors on record: 4

## About

Founded in 2021 and based in Tamil Nadu, India, MOOEV Technologies Private Limited specializes in electrified heavy-duty vehicles. The company was founded by its CEO, Raghavendra Mysore, Ramesh Kumar VG, and Ennarasu Karunesan. In November 2024, MOOEV Technologies raised INR 40 million in seed funding led by BizDateUp, Point Ventures, and Spectrum Impact.

MOOEV Technologies specializes in providing a comprehensive system engineering approach focused on the commercialization of electrified heavy-duty vehicles (e-HDVs) in India. The firm’s primary offerings include battery management systems, which integrate data-driven battery management systems to extend battery life in electric vehicles; and fleet management solutions, which develop systems to monitor and manage battery charging and discharging cycles. In addition, the company provides a comprehensive solution for implementing battery-powered electric heavy-duty vehicles (e-HDVs) for regional haul operations.

The revenue structure of MOOEV Technologies is based on B2B transactions, where the company partners with logistics firms and transportation companies to implement its electric vehicle solutions.

The company plans to utilize the November 2024 funding raised to accelerate the deployment of electric heavy-duty trucks and build charging infrastructure to support sustainable logistics in India.

## Funding rounds

- Seed, Oct 12, 2024, $0.4M — Inflection Point Ventures, Aar Em Ventures, Spectrum Impact, BizDateUp

## Investors

- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- Aar Em Ventures — Seed
- Spectrum Impact — Seed
- BizDateUp — Seed