FYN Mobility

Chennai, India Founded: 2013 • Age: 13 yrs Minicorn
Platform offering electric mobility solutions

About FYN Mobility

FYN Mobility is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2013 by Niroop Janardhanan, Visakh Sasikumar, and Manu Iyer. Platform offering electric mobility solutions. FYN Mobility has raised $7.53 million across 10 funding rounds from investors including Sattva Group, GAIL and Beacon Trusteeship. The company has 1 employees. FYN Mobility was last valued at $9.32 million in March 2022. Its chief executive, as recorded, is Visakh Sasikumar. Its Indian entity Ninarose Luxury Aesthetics Private Limited reported revenue of β‚Ή60.6 Lakh. FYN Mobility offers products and services including EV-as-a-Service and Data-driven Analytics. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Multi Category Vehicles. Its competitors include Alt Mobility, FAE and Entoo; 2 of its 3 listed competitors have raised funding.

Company details

FYN Mobility was founded in 2013 in Chennai, India, as a platform focused on electric mobility within the logistics and transport sector. EV fleets and charging infrastructure are operated, alongside data-driven logistics services. These elements support last-mile delivery operations and urban transport needs across urban areas. The company is led by co-founders including Visakh Sasikumar as CEO.

  • Headquarters Chennai, India
  • Employees 1
  • Founders Niroop Janardhanan, Visakh Sasikumar, Manu Iyer
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website fynmobility.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Ninarose Luxury Aesthetics Private Limited
  • Date of Incorporation 08 Dec, 2021
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹60.6 Lakh

    FY 2025 · +42% YoY

  • Net Loss
    -₹1.25 Cr

    FY 2025 · -207% margin

  • EBITDA
    -₹76.1 Lakh

    FY 2025 · -126% margin

  • Total Equity Funding
    $7.53M (USD)

    in 10 rounds

  • Latest Funding Round
    $37.6K (USD), Angel Round

    Jun 2026

  • Investors
    Sattva Group

    & 147 more

  • Employee Count
    1

Products & Services of FYN Mobility

FYN Mobility offers a comprehensive portfolio of products and services, including EV-as-a-Service and Data-driven Analytics.

EV-as-a-Service
Logistics Service

Provides EV fleet for sustainable last-mile deliveries and operations.

Data-driven Analytics
Analytics Tool

Offers insights for efficient and eco-friendly logistics management.

Funding Insights of FYN Mobility

FYN Mobility has successfully raised a total of $7.53M across 10 strategic funding rounds. The most recent funding activity was a Angel Round of $37.6 thousand completed in June 2026. 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 $7.53M
  • Total Rounds 10
  • Last Round Angel Round β€” $37,598
  • First Round $240,565

    (Jan 2017)

  • Investors Count 148

All 10 funding rounds of FYN Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2026$37,598Angel Round––
–
Dec 2025$277,819Seed––
May 2025$2.5MAngel Round––
Mar 2024$936,433Seed–Avalur Gopalaratnam Muralikrishnan, Arunachalam Srinivasan
Sep 2023$481,312Angel Round–Nikhil K S, Divakar chandran
Jun 2023$359,269Seed–Avalur Gopalaratnam Muralikrishnan, SiriusOne
Mar 2022$1.65MSeed$9.32MBeacon Trusteeship
May 2019$821,716Seed$4.12MGAIL
Mar 2019$227,121Seed$β€’β€’β€’β€’β€’Ivan Fernandes
Jan 2017$240,565Seed$β€’β€’β€’β€’β€’Manu Iyer
Valuation history
DateValuationStage
Mar 2022$9.32Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$4.12Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $9.32M (Mar 2022). 148 investors in total: 19 institutional and 129 angel.

Investors in FYN Mobility

FYN Mobility has secured backing from 148 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Sattva Group, GAIL and Beacon Trusteeship.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in tech startups focusing on innovation and emerging trends in India.
2018siriusone.vcChennai, India
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
Venture capital firm investing in logistics, supply chain, and technology startups.
2021zarpartners.comCoimbatore, India
Business solutions for retailers are provided by Vista Business Ventures.
vistabusinessventures.tcc.modeMumbai, India
Investments in startups are managed by the Nanavati Family Office.
nanavatifamily.tcc.modeSan Francisco, United States
vneteconsultancy.tcc.mode
Trusteeship services are provided in the financial sector since 2015.
2015beacontrustee.co.inMumbai, India
reyseraventure.tcc.mode
Corporate advisory services are provided to businesses in India.
neevadvisors.comBengaluru, India
Construction services are provided in Bengaluru, India.
neelanchaledifice.tcc.modeBengaluru, India
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Investor details for FYN Mobility

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Board of directors of Ninarose Luxury Aesthetics Private Limited (FYN Mobility)

Ninarose Luxury Aesthetics Private Limited is the primary company behind FYN Mobility. The boards of the 2 registered companies of FYN Mobility currently have 5 directors; the longest-serving is Visakh Sasikumar, appointed in 2013. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Visakh Sasikumar
DIN 06609091
Managing Director23 Sep 201313 yrs 1 moPi Beam Labs Private Limited
Viswanathan Ramachandran
DIN 06374716
Director01 Dec 20196 yrs 10 moPi Beam Labs Private Limited
Niharika Mandhyan
DIN 09428389
Director08 Dec 20214 yrs 10 moNinarose Luxury Aesthetics Private Limited
Vivek Kanti Chakraborty
DIN 09428390
Director08 Dec 20214 yrs 10 moNinarose Luxury Aesthetics Private Limited
Ragavan Sivaramakrishnan
DIN 06973449
Nominee Director12 Feb 20242 yrs 8 moPi Beam Labs Private Limited

People of FYN Mobility

4 people are tracked at FYN Mobility (4 in leadership); the tracked headcount is 1.

NameRoleGroup
Niroop Janardhanan
Co-Founder & CBOLeadership
Co-Founder & CEOLeadership
Manu Iyer
Co-Founder & CSOLeadership
Swagata Borthakur
Managing Founder's Office And Marketing TeamLeadership
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Financials of FYN Mobility

Figures of Ninarose Luxury Aesthetics Private Limited, the primary company behind FYN Mobility, for FY 2025. Revenue was ₹60.6 Lakh (+42% year on year). Net loss was -₹1.25 Cr (-207% margin). EBITDA was -₹76.1 Lakh (-126% margin).

  • ₹60.6 LakhRevenue · FY 2025 · +42% YoY
  • -₹1.25 CrNet loss · -207% margin
  • -₹76.1 LakhEBITDA · -126% margin
  • ₹50 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Ninarose Luxury Aesthetics Private Limited are on its company page.

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Timeline of FYN Mobility

4 dated milestones of FYN Mobility across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded FYN Mobility is founded.
  2. Funding First funding round of $241K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $38K.

Competitors of FYN Mobility

FYN Mobility has 3 listed competitors in our database, 2 of them funded. They include Alt Mobility, FAE and Entoo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
alt-mobility.com2020Delhi, India$17.25M44
Electric vehicle leasing and lifecycle management are offered to businesses.
faebikes.com2016Bengaluru, India$683,60268
Electric scooter rentals and business delivery solutions are provided.
entoo.com2019Bengaluru, India66
Platform offering solutions for electric vehicle fleet management.
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Detailed competitors of FYN Mobility

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Web traffic of FYN Mobility

The website of FYN Mobility (fynmobility.com) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▼ 10.9% vs previous month

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as FYN Mobility (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Related news about Fyn Mobility

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Frequently Asked Questions about FYN Mobility

FYN Mobility was founded in 2013 and raised its 1st funding round 4 years after it was founded.

FYN Mobility is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Visakh Sasikumar is the CEO of FYN Mobility, as recorded in our data. They have also founded this company.

FYN Mobility is a funded company, having raised a total of $7.53M across 10 funding rounds to date. The company's 1st funding round was a Seed of $240.57K, raised on Jan 2017.

FYN Mobility has 1 employees.

The primary company behind FYN Mobility, Ninarose Luxury Aesthetics Private Limited, reported revenue of β‚Ή60.6 Lakh for FY 2025, up 42% year on year.

FYN Mobility was founded in 2013 in Chennai, India, as a platform focused on electric mobility within the logistics and transport sector. EV fleets and charging infrastructure are operated, alongside data-driven logistics services. These elements support last-mile delivery operations and urban transport needs across urban areas. The company is led by co-founders including Visakh Sasikumar as CEO.

FYN Mobility's top competitors include Alt Mobility, FAE and Entoo.

FYN Mobility offers EV-as-a-Service and Data-driven Analytics.

FYN Mobility has 148 investors. Key investors include Sattva Group, GAIL, Beacon Trusteeship, SiriusOne, and Sincere Syndication.

The valuation of FYN Mobility is $9.32M as of Mar 2022.

FYN Mobility is associated with 2 legal entities: Ninarose Luxury Aesthetics Private Limited, Pi Beam Labs Private Limited.

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