About Alt Mobility
Alt Mobility is a company based in Delhi (India) founded in 2020 by Anuj Gupta, Jayant Gupta, Manas Arora, Harsh Dev Goyal, and Dev Arora. Alt Mobility has raised $17.25 million across 5 funding rounds from investors including Shell, UC Inclusive Credit and LetsVenture. The company has 61 employees as of September 10, 2025. Alt Mobility offers products and services including EV Leasing Service and FleetOS Platform. Alt Mobility operates in a competitive market with competitors including FYN Mobility, Fullfily, FAE, Entoo and bud-e, among others.
- Headquarter Delhi, India
- Employees 61 as on 10 Sep, 2025
- Founders Anuj Gupta, Jayant Gupta, Manas Arora, Harsh Dev Goyal, Dev Arora
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Alt Nrg Private Limited
- Date of Incorporation 29 May, 2020
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$1.34 M (USD)127.04as on Mar 31, 2024
-
Net Profit
$46.36 K (USD)192.99as on Mar 31, 2024
-
EBITDA
$674.16 K (USD)44.49as on Mar 31, 2024
-
Total Equity Funding
$17.25 M (USD)
in 5 rounds
-
Latest Funding Round
$804.43 K (USD), Series A
Mar 28, 2025
-
Investors
Shell
& 11 more
-
Employee Count
61
as on Sep 10, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Alt Mobility
Alt Mobility offers a comprehensive portfolio of products and services, including EV Leasing Service and FleetOS Platform.
Provides leasing and management for electric vehicles to fleets.
Offers real-time tracking and diagnostics for vehicle fleets.
People of Alt Mobility
Unlock access to complete
Funding Insights of Alt Mobility
Alt Mobility has successfully raised a total of $17.25M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $804.43 thousand completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $804,430
-
First Round
First Round
(28 Oct 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Alt Mobility | Valuation |
investors |
|
| Apr, 2024 | Amount | Series A - Alt Mobility | Valuation | Eurazeo | |
| Jan, 2024 | Amount | Debt – Venture - Alt Mobility | Valuation |
investors |
Investors in Alt Mobility
Alt Mobility has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Shell, UC Inclusive Credit and LetsVenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are provided to smart mobility sector startups.
|
Founded Year | Domain | Location | |
|
Private equity and debt investments are managed across multiple sectors.
|
Founded Year | Domain | Location | |
|
Private debt and equity funds are managed for technology sectors.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Alt Mobility
Financial Statements - Alt Mobility
Alt Mobility Comparisons
Competitors of Alt Mobility
Alt Mobility operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FYN Mobility, Fullfily, FAE, Entoo and bud-e, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering electric mobility solutions
|
|
| domain | founded_year | HQ Location |
Electric delivery vehicles are rented via an online platform.
|
|
| domain | founded_year | HQ Location |
Electric scooter rentals and business delivery solutions are provided.
|
|
| domain | founded_year | HQ Location |
Platform offering solutions for electric vehicle fleet management.
|
|
| domain | founded_year | HQ Location |
Electric scooter sharing is facilitated via a mobile application.
|
Frequently Asked Questions about Alt Mobility
Alt Mobility was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Alt Mobility is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Dev Arora is the current CEO of Alt Mobility. They have also founded this company.
Alt Mobility is a funded company, having raised a total of $17.25M across 5 funding rounds to date.
As of Sep 10, 2025, the latest employee count at Alt Mobility is 61.
Annual revenue of Alt Mobility is $1.34M as on Mar 31, 2024.
Founded in 2020 and based in Delhi, India, Alt Mobility operates in the electric vehicle sector. Leasing and comprehensive lifecycle management solutions are provided for business fleets. Real-time tracking, predictive diagnostics, remote monitoring, and roadside assistance are included. The entire vehicle lifecycle, from procurement to ownership, is supported, with oversight of location, usage, and asset health maintained across operations.
Alt Mobility's top competitors include FYN Mobility, Fullfily and FAE.
Alt Mobility offers EV Leasing Service and FleetOS Platform.
Alt Mobility has 12 investors. Key investors include Shell, UC Inclusive Credit, LetsVenture, Eurazeo, and Alteria Capital.
The valuation of Alt Mobility is $6.3M as of Oct 2022.