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
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Alt Nrg Private Limited
- Date of Incorporation 29 May, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.34 M (USD)127.04as on Mar 31, 2024
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Net Profit
$46.36 K (USD)192.99as on Mar 31, 2024
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EBITDA
$674.16 K (USD)44.49as on Mar 31, 2024
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Total Equity Funding
$17.25 M (USD)
in 5 rounds
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Latest Funding Round
$804.43 K (USD), Series A
Mar 28, 2025
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Investors
Shell
& 11 more
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Employee Count
61
as on Sep 10, 2025
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Products & Services of Alt Mobility
Alt Mobility offers a comprehensive portfolio of products and services, including EV Leasing Service and FleetOS Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides leasing and management for electric vehicles to fleets.
Offers real-time tracking and diagnostics for vehicle fleets.
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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
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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 |
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| Apr, 2024 | Amount | Series A - Alt Mobility | Valuation | Eurazeo | |
| Jan, 2024 | Amount | Debt – Venture - Alt Mobility | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are provided to smart mobility sector startups.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alt Mobility
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alt Mobility
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering electric mobility solutions
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| domain | founded_year | HQ Location |
Electric delivery vehicles are rented via an online platform.
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| domain | founded_year | HQ Location |
Electric scooter rentals and business delivery solutions are provided.
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| domain | founded_year | HQ Location |
Platform offering solutions for electric vehicle fleet management.
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| domain | founded_year | HQ Location |
Electric scooter sharing is facilitated via a mobile application.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alt Mobility
Frequently Asked Questions about Alt Mobility
When was Alt Mobility founded?
Alt Mobility was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Alt Mobility located?
Alt Mobility is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Alt Mobility?
Dev Arora is the current CEO of Alt Mobility. They have also founded this company.
Is Alt Mobility a funded company?
Alt Mobility is a funded company, having raised a total of $17.25M across 5 funding rounds to date.
How many employees does Alt Mobility have?
As of Sep 10, 2025, the latest employee count at Alt Mobility is 61.
What is the annual revenue of Alt Mobility?
Annual revenue of Alt Mobility is $1.34M as on Mar 31, 2024.
What does Alt Mobility do?
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.
Who are the top competitors of Alt Mobility?
Alt Mobility's top competitors include FYN Mobility, Fullfily and FAE.
What products or services does Alt Mobility offer?
Alt Mobility offers EV Leasing Service and FleetOS Platform.
Who are Alt Mobility's investors?
Alt Mobility has 12 investors. Key investors include Shell, UC Inclusive Credit, LetsVenture, Eurazeo, and Alteria Capital.
What is Alt Mobility's valuation?
The valuation of Alt Mobility is $6.3M as of Oct 2022.