AltMobility logo — Full-stack EV leasing & lifecycle management platform for co...

AltMobility

Full-stack EV leasing & lifecycle management platform for commercial fleets

Founded 2020 India New Delhi, India 56 employees Series A Total: $500.00M Financial Services, Logistics

General Information

Company Name AltMobility
Founded Year 2020
Location India New Delhi, India
Employees 56
Industries Financial Services, Logistics
Funding Stage Series A
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About AltMobility

ALT Mobility is a full-stack EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users. Founded in 2020 and headquartered in India, the company aims to simplify financing and provide reliable technology to support the transition of intra-city logistics to electric mobility, ultimately reducing the carbon footprint and improving profitability. The last investment round of INR500.00M Series A was secured on 18 January 2024, with participation from a diverse group of investors including Shell Ventures, LetsVenture, Euazeo, Ev2 Ventures, Piper Serica Angel Fund, PitchRight Venture, Twynam Agricultural Group, and UC Inclusive Credit. This support reflects strong investor confidence in ALT Mobility's vision and potential to drive positive change within the logistics industry.

Taxonomy: EV Leasing, Lifecycle Management, Commercial Fleets, Mobility as a Service, Financing Solutions, Intra-City Logistics, Electric Mobility, Carbon Footprint Reduction, Profitability Improvement, Fleet Management, EV Financing, Electric Vehicle as a Service, Last Mile Delivery

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed 5
Shell Ventures, Ev2 Ventures +3
18 Jan 2024
Series A INR500.00M 5
LetsVenture, Euazeo +3
18 Jan 2024
Pre Seed Round Undisclosed -
19 Jan 2023
Seed Round Undisclosed -
31 Oct 2022

AltMobility Alternatives & Competitors

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FAQ About AltMobility

Full-stack EV leasing & lifecycle management platform for commercial fleets
AltMobility was founded in 2020.
AltMobility is headquartered in New Delhi, India.
AltMobility operates in Financial Services and Logistics. Its work centres on EV Leasing, Lifecycle Management, Commercial Fleets and Mobility as a Service.
AltMobility has approximately 56 employees.
AltMobility has completed 4 funding rounds, raising a total of $500.00M. The latest funding stage is Series A.
Top alternatives and competitors to AltMobility include Dayim Trucks Rental, EMKAY, iFreightBox Technologies, Hexagon Leasing, Brown Aviation Lease. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AltMobility and Dayim Trucks Rental are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for AltMobility, https://bouncewatch.com/company/altmobility, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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