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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
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.

Business keywords: 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 INR500.00M 2
BP Ventures
BP Ventures, Morgan Stanley India Infrastructure
20 Mar 2025
Series A $22.00M 2
BP Ventures
BP Ventures, Morgan Stanley India Infrastructure
10 Feb 2023
Series A $15.00M 3
JITO Angel Network
JITO Angel Network, LVX Ventures +1
19 May 2021
Seed Round Undisclosed 2
JITO Angel Network
JITO Angel Network, LVX Ventures
23 Apr 2021
Seed Undisclosed -
07 Jan 2021
Seed Round Undisclosed 1
Shell E4
Shell E4
06 Mar 2020
Seed Round Undisclosed 1
Hindustan Petroleum Corporation Limited
01 Jan 2018

Magenta Mobility Alternatives & Competitors

View All Alternatives
Magenta Mobility vs
SUN Mobility
SUN Mobility India

Making Electric Vehicles (EVs) accessible and affordable for all.

Corporate Round
888 employees
Energy, Transportation
Magenta Mobility vs
eliso
eliso

Eliso supports companies and properties with planning, installation, and operation of charging solut...

Series A
11-50 employees
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Magenta Mobility vs
Qwello
Qwello Germany

Powering the Future ⚡️

Debt Financing
177 employees
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View all alternatives

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 Clean Energy, Energy Storage and Automotive. Its work centres on Electric Mobility Ecosystem, Logistics Solutions, E-Mobility and Fleet Management.
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 SUN Mobility, eliso, Qwello, The SHADO Group, EFIMOB Efficient Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magenta Mobility and SUN Mobility 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 Magenta Mobility, https://bouncewatch.com/company/magenta-mobility, updated 18 August 2025. When citing, please name BounceWatch and link this page.

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