ILine.ai raises $500K to electrify last‑mile logistics across 12 Tier‑II Indian cities
· Source: telematicswire.net
In short
ILine.ai has secured $500K in an oversubscribed angel funding round to expand its electric last-mile logistics services across 12 Tier-II Indian cities. The startup plans to deploy AI-driven dispatch systems to optimize routes, reduce emissions, and enroll 20,000 EV delivery drivers by the end of 2025. This initiative aims to lower operating costs for drivers while supporting city decarbonization and brand sustainability goals.
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Tags: EV, logistics, automation, sustainability, last-mile, AI