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MTA E-Mobility logo — Aaiye Milkar Karein Shuruat

MTA E-Mobility

Aaiye Milkar Karein Shuruat

Founded 2020 6 employees Seed Total: $1.00B Mobile

General Information

Company Name MTA E-Mobility
Founded Year 2020
Employees 6
Industries Mobile
Funding Stage Seed
Social

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About MTA E-Mobility

**MTA E-Mobility** is an emerging electric mobility innovator, committed to providing reliable, sustainable, and futuristic mobility solutions. Established in 2020, the company runs on the agility and energy of its young and dynamic founders and workforce. It benefits from the expertise of its parent company, MT Autocraft, which has a longstanding commitment to delivering top-notch, India-made technologies for both domestic and global electric mobility markets. The leadership team comprises co-founders Karan Sehgal, CEO of MT Autocraft, and Vivek Jakhmola, a successful business leader and innovator with multiple patents. MTA E-Mobility's manufacturing facility, situated in Palwal, Haryana, spreads across 3.5 acres, housing assembly facilities, end-of-line vehicle inspection, production monitoring, paint shop, chassis fabrication, and surface coating, among others. An important aspect of the company's journey is the inspiration and success of Mr. Anil Sehgal, the Founder & Chairman of MT Autocraft, who elevated the company from a modest start in Parwanoo in 1983. MTA E-Mobility is supported by MT Autocraft, which boasts an annual revenue of INR 500 crore, making it a prominent name in India's automotive industry and a leading supplier of machined components and assemblies for over three decades. In addition, the latest investment of INR1.00B in a Seed Round by MT AUTOCRAFT on 09 November 2022 further solidifies MTA E-Mobility's position in the electric mobility sector. The company's dedication to innovation, backed by a strong parent company and an impressive track record, positions it as a compelling player in the evolving electric mobility landscape.

Taxonomy: electric mobility, innovation, technology, entrepreneurship, leadership, business model, founder, parent company, manufacturing facility, reliable solutions, futuristic mobility, growth

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round - MTA E •••••• 1
Investor
09 Nov 2022

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FAQ About MTA E-Mobility

Aaiye Milkar Karein Shuruat
MTA E-Mobility was founded in 2020.
MTA E-Mobility operates in the following industries: Mobile.
MTA E-Mobility has approximately 6 employees.
MTA E-Mobility has completed 1 funding round, raising a total of $1.00B. The latest funding stage is Seed.
Top alternatives and competitors to MTA E-Mobility include Blue Systems, Silence l Leader in Urban Eco Mobility, SEAT S.A., SAR Electric Mobility, Motor Trade Association of Western Australia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MTA E-Mobility and Blue Systems 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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