About GreenCell Mobility
GreenCell Mobility is a company based in Mumbai (India) founded in 2019 was acquired by EverSource Capital in October 2024. GreenCell Mobility has raised $89 million across 6 funding rounds from investors including Goldman Sachs, Asian Development Bank and REC. The company has 14 employees as of July 08, 2024. GreenCell Mobility operates in a competitive market with competitors including kentkart, Mantis Technologies, Incubate Soft, Masstrans and NXTAS, among others.
- Headquarter Mumbai, India
- Employees 14 as on 08 Jul, 2024
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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 Greencell Mobility Private Limited
- Date of Incorporation 09 Sep, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$39.62 M (USD)421.34as on Mar 31, 2023
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Net Profit
-$4.91 M (USD)-93.57as on Mar 31, 2023
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EBITDA
$5.99 M (USD)526.23as on Mar 31, 2023
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Total Equity Funding
$89 M (USD)
in 6 rounds
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Latest Funding Round
$89 M (USD), Series C
Jan 21, 2026
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Investors
Goldman Sachs
& 8 more
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Employee Count
14
as on Jul 08, 2024
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Acquired by
EverSource Capital
(Oct 19, 2024)
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People of GreenCell Mobility
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Funding Insights of GreenCell Mobility
GreenCell Mobility has successfully raised a total of $89M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $89 million completed in January 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.
Investors in GreenCell Mobility
GreenCell Mobility has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Asian Development Bank and REC.
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Infrastructure investment and management are conducted in India.
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Investor details for GreenCell Mobility
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Investments & Acquisitions by GreenCell Mobility
Investment portfolio details for GreenCell Mobility
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Financial Statements - GreenCell Mobility
Detailed financials for GreenCell Mobility
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Greencell Mobility Comparisons
Peer comparison for GreenCell Mobility
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Competitors of GreenCell Mobility
GreenCell 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 kentkart, Mantis Technologies, Incubate Soft, Masstrans and NXTAS, among others.
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Offers fare collection, fleet management, and passenger info systems for public transport.
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Intelligent transport management solutions are provided for operators and travelers.
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Provides end-to-end operations management solutions for bus operators.
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Provides intelligent transport systems, digital signage, and smart city IoT technologies.
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AI-driven software for intercity bus GDS and intracity EV logistics services.
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Detailed competitors of GreenCell Mobility
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Latest news on Greencell Mobility
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Frequently Asked Questions about GreenCell Mobility
GreenCell Mobility was founded in 2019 and raised its 1st funding round 3 years after it was founded.
GreenCell Mobility is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Devndra Chawla is the current CEO of GreenCell Mobility.
GreenCell Mobility is a funded company, having raised a total of $89M across 6 funding rounds to date.
As of Jul 08, 2024, the latest employee count at GreenCell Mobility is 14.
Annual revenue of GreenCell Mobility is $39.62M as on Mar 31, 2023.
Provider of e-mobility solutions for commercial transport. It integrates and develops connected platforms and e-mobility infrastructure for the operation of intercity commercial transport using electric buses and commercial vehicles.
GreenCell Mobility's top competitors include Mantis Technologies, Masstrans and Incubate Soft.
GreenCell Mobility has 9 investors. Key investors include Goldman Sachs, Asian Development Bank, REC, AIIB, and EverSource Capital.