About Electrifi Mobility
Electrifi Mobility is a company based in Gurugram (India) founded in 2023 by Nikhil Aggarwal and Kunal Mundra. It operates as a B2B. Electrifi Mobility has raised $3.01 million across 2 funding rounds from investors including Asian Development Bank, Alteria Capital and AdvantEdge. The company has 25 employees as of January 31, 2025. Electrifi Mobility offers products and services including EV Leasing, Maintenance Services, Financing Solutions, Refurbishment Services, and Tech Platforms. Electrifi Mobility operates in a competitive market with competitors including MOOEV Technologies, Integrated Simulation Technologies, Let’sEV, ergLocale and Cyan Earth, among others.
- Headquarter Gurugram, India
- Employees 25 as on 31 Jan, 2025
- Founders Nikhil Aggarwal, Kunal Mundra
- Stage Minicorn
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Sectors
Financial ServicesEnergy & Utilities
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Phone
*********
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Website
*********
- Legal Name Electrifi Mobility Private Limited
- Date of Incorporation 02 Jun, 2023
- Jurisdiction Sector -45, Haryana, India
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Annual Revenue
$22.87 K (USD)0as on Mar 30, 2024
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Net Profit
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EBITDA
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Total Equity Funding
$3.01 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Asian Development Bank
& 7 more
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Employee Count
25
as on Jan 31, 2025
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Products & Services of Electrifi Mobility
Electrifi Mobility offers a comprehensive portfolio of products and services, including EV Leasing, Maintenance Services, Financing Solutions, Refurbishment Services, and Tech Platforms. 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.
Customized leasing for electric vehicle assets
AMC plans for EV upkeep and uptime
Operating leases for EV fleet operators
Certified renewal of EV vehicles with warranty
Proprietary tools for EV asset lifecycle management
Funding Insights of Electrifi Mobility
Electrifi Mobility has successfully raised a total of $3.01M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(30 Jan 2024)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Electrifi Mobility | Valuation | Asian Development Bank , AdvantEdge | |
| Jan, 2024 | Amount | Debt – Conventional - Electrifi Mobility | Valuation |
investors |
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| 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 Electrifi Mobility
Electrifi Mobility has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Asian Development Bank, Alteria Capital and AdvantEdge. 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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Venture capital funding and support for mobility and electric vehicle startups in India.
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Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
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Founded Year | Domain | Location | |
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Advisory services and financial resources are mobilized for development projects.
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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 Electrifi 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 - Electrifi 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 |
Electrifi Mobility Comparisons
Competitors of Electrifi Mobility
Electrifi 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 MOOEV Technologies, Integrated Simulation Technologies, Let’sEV, ergLocale and Cyan Earth, 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 |
Holistic system engineering is provided for electric heavy-duty vehicle commercialization.
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| domain | founded_year | HQ Location |
Offers 1D simulation for eMobility, staff augmentation, and GT-SUITE training services.
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| domain | founded_year | HQ Location |
Fleet management and leasing solutions for electric vehicles are offered.
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| domain | founded_year | HQ Location |
AI-driven platform for EV fleet electrification, charging, and energy cost reduction.
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| domain | founded_year | HQ Location |
Provides management solutions for transitioning to electric fleet operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Electrifi Mobility
Frequently Asked Questions about Electrifi Mobility
When was Electrifi Mobility founded?
Electrifi Mobility was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Electrifi Mobility located?
Electrifi Mobility is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Electrifi Mobility?
Kunal Mundra is the current CEO of Electrifi Mobility. They have also founded this company.
Is Electrifi Mobility a funded company?
Electrifi Mobility is a funded company, having raised a total of $3.01M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.01M, raised on Jan 30, 2024.
How many employees does Electrifi Mobility have?
As of Jan 31, 2025, the latest employee count at Electrifi Mobility is 25.
What is the annual revenue of Electrifi Mobility?
Annual revenue of Electrifi Mobility is $22.87K as on Mar 30, 2024.
What does Electrifi Mobility do?
Astranova Mobility is a full-stack company specializing in EV asset management and leasing, helping commercial fleets transition to electric vehicles. They offer services like customized financing, maintenance plans, refurbishment, and tech platforms to optimize operations and reduce costs. Based in Gurugram, India, they partner with OEMs and finance providers to support fleet operators in achieving net zero goals and improving profitability.
Who are the top competitors of Electrifi Mobility?
Electrifi Mobility's top competitors include MOOEV Technologies, Let’sEV and EVolev.
What products or services does Electrifi Mobility offer?
Electrifi Mobility offers EV Leasing, Maintenance Services, Financing Solutions, Refurbishment Services, and Tech Platforms.
Who are Electrifi Mobility's investors?
Electrifi Mobility has 8 investors. Key investors include Asian Development Bank, Alteria Capital, AdvantEdge, Calabasas Venture Partners, and Ashish Gupta.
What is Electrifi Mobility's valuation?
The valuation of Electrifi Mobility is $6.84M as of Jan 2024.
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