Drivn

Based in India, Drivn specializes in the ownership and leasing of electric commercial vehicles, primarily focusing on buses and medium to heavy-duty trucks, to support the transition towards sustainable transportation. Drivn Transition Pvt Ltd operates in the electric vehicle space, specializing in leasing electric commercial vehicles. The company was founded in 2025 and is headquartered in Gurgaon, India. In February 2026, Drivn raised USD 80 mn in funding from Nomura Private Equity, which will support their efforts in fleet electrification.

The company has completed 1 deal to date, focusing on enhancing the leasing landscape for businesses transitioning to electric fleets. Drivn Transition Pvt Ltd specializes in the ownership and leasing of electric commercial vehicles, notably buses and medium to heavy-duty trucks, aimed at promoting fleet electrification across India. By addressing critical gaps in financing, deployment, and infrastructure, the company develops innovative leasing solutions that facilitate the transition to electric vehicle (EV) fleets for businesses. Their services include long-tenure leases, tailored debt solutions, and buy-back or residual value structuring, all designed to meet the diverse needs of commercial clients.

The primary end users encompass logistics companies, municipal transport operators, and any businesses requiring a sustainable fleet solution. The company's products are targeted at the Indian market, where the push for zero-emission logistics aligns with government initiatives and environmental goals. Drivn Transition Pvt Ltd generates revenue primarily through leasing agreements for its electric commercial vehicles, which are structured to provide flexible payment options and long-term rental arrangements. Business transactions typically occur in a B2B framework, where clients engage with the company to lease vehicles for specified durations, often accompanied by comprehensive support in financing and infrastructure setup.

Clients may enter into partnerships that include customized financial structuring to optimize capital efficiency for large-scale deployments. The company’s flagship offerings include tailored leasing solutions that cater to clients’ specific operational needs, thereby fostering a sustainable transition to electric mobility. In February 2026, Drivn raised USD 80 mn in venture funding from new investor Nomura Private Equity. The company plans to utilize this funding to deploy its electric buses and trucks across inter-city and heavy-duty routes.

As part of its growth strategy, Drivn is focused on expanding its services into new markets within India, targeting regions where there is a rising demand for sustainable transport solutions.