India, July 25 -- Mobility startup EVeez has raised $5.4 Mn (around INR 46.6 Cr) in its Series A funding round led by the Michael & Susan Dell Foundation.

The round also saw participation from Caret Capital, ThinKuvate, Ev2 Ventures, Barbershop With Shantanu, SailThru Ventures, and Ah Ventures Fund.

In a statement, EVeez said it would use the fresh capital to expand its electric two-wheeler subscription service for gig workers.

Founded in 2019 by Abhishek Dwivedi and Gaurav Rathore, EVeez is an electric mobility-as-a-service startup that provides gig workers access to two-wheeler EVs through a subscription model.

Its weekly subscription plans start at INR 1,100 for "those from low-income urban communities" to join quick commerce, food...