We at Magenta Mobility are a leading end-to-end integrated E-Mobility solutions provider, committed to our vision of decarbonizing India’s supply chain through safe, smart, and sustainable logistics solutions. We are building India’s safest and smartest electric mobility ecosystem with a fleet of over 2,500 electric vehicles across 18 cities, serving clients in e-commerce, grocery, FMCG, pharmaceuticals, and more, supporting mid and last-mile deliveries. Through our ‘Ab Ki Baar Dus Hazaar’ campaign, we aim to expand our fleet to 10,000 cargo vehicles. We don’t just focus on business growth—we foster employment opportunities for India’s blue-collar GIG workforce, uplifting the country’s economic growth. Our integrated software platform seamlessly manages charging, fleet operations, and crew management, reflecting our dedication to innovation and excellence in the electric mobility sector.
$22M sweet spot round size
2018
$22M
from 2 investors over 1 rounds
Magenta Mobility raised $22M on March 10, 2023
Investors: BP Ventures and Morgan Stanley Infrastructure Partners