Magenta Mobility is an end-to-end integrated E-Mobility solutions provider committed to decarbonizing India’s supply chain through safe, smart, and sustainable logistics solutions. With a fleet of over 2,500 electric vehicles across 18 cities, the company serves clients in e-commerce, grocery, FMCG, pharmaceuticals, and more, supporting mid and last-mile deliveries. Their 'Ab Ki Baar Dus Hazaar' campaign aims to expand the fleet to 10,000 cargo vehicles, not only focusing on business growth but also fostering employment opportunities for India’s blue-collar GIG workforce. Their integrated software platform manages charging, fleet operations, and crew management, showcasing their dedication to innovation and excellence in the electric mobility sector. Founded in 2018, the company operates in the industries of Clean Energy, Energy Storage, and Automotive. Magenta Mobility secured its Series A investment on 10 February 2023, signaling potential growth and development in the near future.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | Unknown | - | 10 Feb 2023 | |
Series A | Unknown | - | 19 May 2021 | |
Seed | Unknown | - | 07 Jan 2021 | |
Seed | Unknown | - | 06 Mar 2020 | |
Seed | Unknown | - | 01 Jan 2018 |
No recent news or press coverage available for Magenta Mobility.