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Home Funding News ILine secures $500K in angel funding round

ILine secures $500K in angel funding round

The funding will help ILine expand into 12 tier-II cities by December 2025, including Jaipur, Chandigarh, Lucknow, Bhopal, Ahmedabad, and Surat. It also plans to set up two regional hubs and bring 20,000 EV drivers on board.

By Jitendra swami
New Update
ILine secures $500K in angel funding round

ILine, a technology company focused on sustainable logistics, has raised $500K in an angel funding round led by climate-tech and mobility investors. 

The funding will help ILine expand into 12 tier-II cities by December 2025, including Jaipur, Chandigarh, Lucknow, Bhopal, Ahmedabad, and Surat. It also plans to set up two regional hubs and bring 20,000 EV drivers on board.

Read also- AI edtech startup Arivihan raises $4.17 million in pre-series A round

Launched in April 2025 by Prakarsh Dwivedi, ILine runs a dual-app marketplace for low-emission last-mile deliveries using electric vehicles. 

Its AI-powered dispatch system helps cut down idle mileage and improve delivery routes. Key features include carbon savings tracking, real-time delivery updates, and secure OTP-based drop-offs.

ILine will use the remaining funds to grow its driver network, improve its AI systems, and collaborate with EV makers and state transport departments. 

The company is aiming for 30,000 daily orders across 12 cities by Q4 2026 and plans to reach net-zero Scope 1 and 2 emissions by 2028.

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