India, June 24 -- Electric vehicle ride hailing startup Evera Cabs has raised $4 Mn (INR 34.45 Cr) from Mufin Green Finance through a mix of convertible debentures and debt.

"At Evera, our core focus has always been delivering a clean-tech-powered, seamless, and disruption-free commuting experience. This new investment allows us to double down on our customer-first approach from our zero-cancellation commitment to surge-free fares ensuring our B2C riders can rely on Evera, every time," said Nimish Trivedi, cofounder and chief executive of Evera Cabs.

"Our recent acquisition of BluSmart's fleet and driver network further enhances our capability to help corporate MNCs (B2B) to meet their carbon reduction targets and to deliver No cancella...