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Magenta Mobility logo — Building India’s SAFEST & SMARTEST Electric Mobility Ecosys...

Magenta Mobility

Building India’s SAFEST & SMARTEST Electric Mobility Ecosystem Logistics | Charging | Technology

Founded 2018 India Navi Mumbai, India 360 employees Series B Total: $537.00M Clean Energy, Energy Storage +1

General Information

Company Name Magenta Mobility
Founded Year 2018
Location India Navi Mumbai, India +2
Employees 360
Industries Clean Energy, Energy Storage, Automotive
Funding Stage Series B
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About Magenta Mobility

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.

Taxonomy: Electric Mobility Ecosystem, Logistics Solutions, E-Mobility, Fleet Management, Charging Infrastructure, Software Platform, Last-Mile Deliveries, E-commerce Logistics, Pharmaceutical Logistics, FMCG Logistics, Gig Workforce, Sustainable Transportation, Urban Freight, Integrated Software Solutions, Employee Transportation

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 2
Investor
•••• •••• 		20 Mar 2025
Series A •••••• 2
Investor
•••• •••• 		10 Feb 2023
Series A •••••• 3
Investor
•••• •••• 		19 May 2021
Seed Round •••••• 2
Investor
•••• •••• 		23 Apr 2021
Seed •••••• - 07 Jan 2021

View All 7 Funding Rounds

Magenta Mobility Alternatives & Competitors

Magenta Mobility vs
EVeez
EVeez India

Smart Electric Mobility

Seed
109 employees
Compare Magenta Mobility vs EVeez
Magenta Mobility vs
Hergele Mobility
Hergele Mobility Turkey

Next Gen Material Handling, beyond robotics, warehouse efficiency, powered by micro mobility.

Seed
6 employees
Mobility, Transportation
Compare Magenta Mobility vs Hergele Mobility
Magenta Mobility vs
TUGA Innovations
TUGA Innovations

Sustainable, Safe and Smart Urban Mobility Solution Services

12 employees
Also compare with: Magenta Mobility vs Envoy - Electric Car Share Envoy - Electric Car Share

FAQ About Magenta Mobility

Building India’s SAFEST & SMARTEST Electric Mobility Ecosystem Logistics | Charging | Technology
Magenta Mobility was founded in 2018.
Magenta Mobility is headquartered in Navi Mumbai, India.
Magenta Mobility operates in the following industries: Clean Energy, Energy Storage, Automotive.
Magenta Mobility has approximately 360 employees.
Magenta Mobility has completed 7 funding rounds, raising a total of $537.00M. The latest funding stage is Series B.
Top alternatives and competitors to Magenta Mobility include EVeez, Hergele Mobility, TUGA Innovations, Envoy - Electric Car Share, SUN Mobility. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magenta Mobility and EVeez 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.

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