About Hala Mobility
Hala Mobility is a company based in Hyderabad (India) founded in 2020 by Anand Pareek, Snehith Reddy Meda, and Srikanth Reddy.. Hala Mobility has raised $12.53 million across 10 funding rounds from investors including Perpetuity Capital, Invstt and Bestvantage Investments. The company has 30 employees as of August 13, 2025. Hala Mobility offers products and services including Ryder Electric Bike, Supermax Electric Bike, Amo Electric Bike, and Hala App. Hala Mobility operates in a competitive market with competitors including Zypp Electric, Yulu, Fullfily, Welectric and Scoo EV, among others.
- Headquarter Hyderabad, India
- Employees 30 as on 13 Aug, 2025
- Founders Anand Pareek, Snehith Reddy Meda, Srikanth Reddy
- 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 Hala Mobility India Private Limited
- Date of Incorporation 07 Nov, 2019
- Jurisdiction Shankarpally, Telangana, India
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Annual Revenue
$589.03 K (USD)310.17as on Mar 31, 2023
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Net Profit
$-26.98 K (USD)22.61as on Mar 31, 2023
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EBITDA
$264.69 K (USD)1210.16as on Mar 31, 2023
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Total Equity Funding
$12.53 M (USD)
in 10 rounds
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Latest Funding Round
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Investors
Perpetuity Capital
& 17 more
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Employee Count
30
as on Aug 13, 2025
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Products & Services of Hala Mobility
Hala Mobility offers a comprehensive portfolio of products and services, including Ryder Electric Bike, Supermax Electric Bike, Amo Electric Bike, and Hala App. 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.
Electric bike available for rental and leasing services.
Dual-battery electric bike for daily or long-term use options.
Single-battery bike offered for subscription and purchase plans.
App for verifying users and managing electric bike rentals.
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Funding Insights of Hala Mobility
Hala Mobility has successfully raised a total of $12.53M across 10 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 10
- Last Round Last Round
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First Round
First Round
(19 May 2022)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series A - Hala Mobility | Valuation | Recur Club | |
| Jan, 2026 | Amount | Debt – Conventional - Hala Mobility | Valuation |
investors |
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| Oct, 2025 | Amount | Series A - Hala 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 Hala Mobility
Hala Mobility has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Perpetuity Capital, Invstt and Bestvantage Investments. 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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Startups are matched with investors via an online investment platform.
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Founded Year | Domain | Location | |
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Venture capital funding and support services for early-stage startups in India.
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Founded Year | Domain | Location | |
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Platform connecting startups with investors for funding, mentorship, and capital raising.
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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 Hala 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 - Hala 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 |
Hala Mobility Comparisons
Competitors of Hala Mobility
Hala 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 Zypp Electric, Yulu, Fullfily, Welectric and Scoo EV, 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 |
Electric vehicles are supplied for last-mile delivery and rental needs.
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| domain | founded_year | HQ Location |
Shared electric two-wheelers are rented via an online platform.
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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 |
Multi-brand electric two-wheeler lifecycle solutions are provided.
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| domain | founded_year | HQ Location |
Offers electric scooter rental services with comprehensive solutions for urban mobility.
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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 Hala Mobility
Frequently Asked Questions about Hala Mobility
When was Hala Mobility founded?
Hala Mobility was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Hala Mobility located?
Hala Mobility is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Hala Mobility?
Srikanth Reddy is the current CEO of Hala Mobility. They have also founded this company.
Is Hala Mobility a funded company?
Hala Mobility is a funded company, having raised a total of $12.53M across 10 funding rounds to date. The company's 1st funding round was a Series A of $3.38M, raised on May 19, 2022.
How many employees does Hala Mobility have?
As of Aug 13, 2025, the latest employee count at Hala Mobility is 30.
What is the annual revenue of Hala Mobility?
Annual revenue of Hala Mobility is $589.03K as on Mar 31, 2023.
What does Hala Mobility do?
Founded in 2020, Hala Mobility operates in the electric vehicle sector from Hyderabad, India. Rental services for electric vehicles are provided on daily, weekly, and monthly bases, while lease plans cater to extended periods. Financing is extended to customers interested in purchasing electric bikes. Access to these mobility solutions is facilitated through the platform halamobility.in.
Who are the top competitors of Hala Mobility?
Hala Mobility's top competitors include Yulu, Zypp Electric and Fullfily.
What products or services does Hala Mobility offer?
Hala Mobility offers Ryder Electric Bike, Supermax Electric Bike, Amo Electric Bike, and Hala App.
Who are Hala Mobility's investors?
Hala Mobility has 18 investors. Key investors include Perpetuity Capital, Invstt, Bestvantage Investments, Sarffin Financial Advisors, and Magnifiq.
What is Hala Mobility's valuation?
The valuation of Hala Mobility is $11.99M as of Jun 2024.