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E-mobility startup Milo Drive secures $2.4 million from Caret Capital, Antler India, IAN Capital

Summary

Founded by Monil Jayeshkumar Khatri and Vishal Jewrajka, Milo Drive connects drivers, fleet operators, and ride-hailing companies through a single operating system. The platform integrates vehicle access, charging, demand aggregation, fleet management, and data-driven automation to help operators improve vehicle utilisation and profitability.

Why It Matters

This Robotics & Manufacturing development accelerates factory automation, industrial AI and precision manufacturing across the region. For India, it is a signal worth tracking: it shapes who supplies, who scales, and who sets the standard over the next five years.

Key Facts

  • SectorRobotics & Manufacturing
  • MarketIndia
  • ImpactMedium (58/100)
  • SignalFunding

Original Sources

Economic Times Tech ↗ https://economictimes.indiatimes.com/tech/funding/e-mobil...

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