SnapE Cabs bags $2.5 mn to drive EV cab expansion in Delhi

SnapE Cabs bags $2.5 mn to drive EV cab expansion in Delhi

SnapE Cabs has raised $2.5 million in a bridge round led by Inflection Point Ventures, with participation from Ah! Ventures and angel investors. The EV ride-hailing startup, already EBITDA-positive, is expanding its fleet in Delhi through a Rapido partnership. With over 1,100 cabs and 3.2 million rides completed, SnapE plans to deploy 5,000 EVs nationwide.

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