About Hala Mobility
Hala Mobility is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2020 by Anand Pareek, Snehith Reddy Meda, and Srikanth Reddy. Electric mobility solutions are offered via rentals and financing options. Hala Mobility has raised $12.58 million across 11 funding rounds from investors including Perpetuity Capital, Invstt and Bestvantage Investments. The company has 30 employees. Hala Mobility was last valued at $11.99 million in June 2024. Its chief executive, as recorded, is Srikanth Reddy. Its website halamobility.in draws about 18 thousand monthly visits. Its Indian entity Hala Mobility India Private Limited reported revenue of ₹11.85 Cr. Hala Mobility offers products and services including Ryder Electric Bike, Supermax Electric Bike, Amo Electric Bike, and Hala App. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Motorized Two-Wheeler. Its competitors include Zypp Electric, Yulu and Fullfily; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 30
- Founders Anand Pareek, Snehith Reddy Meda, Srikanth Reddy
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website halamobility.in
- Social LinkedIn X Facebook YouTube
- Legal Name Hala Mobility India Private Limited
- Date of Incorporation 07 Nov, 2019
- Jurisdiction Shankarpally, Telangana, India
- Annual Revenue₹11.85 Cr
FY 2024 · +142% YoY
- Net Profit₹7.1 Lakh
FY 2024 · 1% margin
- EBITDA₹4.24 Cr
FY 2024 · 36% margin
- Total Equity Funding$12.58M (USD)
in 11 rounds
- InvestorsPerpetuity Capital
& 18 more
- Employee Count30
Associated legal entities of Hala Mobility
Hala Mobility operates through Hala Mobility India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hala Mobility India Private Limited CIN U63030TG2019PTC136678 | Active | 07 Nov 2019 | Shankarpally, Telangana | ₹11.8 Cr | 30 | 2 | View details |
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.
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.
Apps and channels of Hala Mobility
Hala Mobility publishes 2 mobile apps with over 10K+ downloads; its YouTube channel Hala Mobility has 189 subscribers and 30 videos.
Videos from Hala Mobility
The most watched videos on Hala Mobility's YouTube channel, Hala Mobility (189 subscribers). Click a video to play it here.
More on Hala Mobility.
Funding Insights of Hala Mobility
Hala Mobility has successfully raised a total of $12.58M across 11 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 $12.58M
- Total Rounds 11
- First Round $1M
(May 2022)
- Investors Count 19
Latest 10 of 11 funding rounds of Hala Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | Debt – Conventional | – | – | ||
| Jan 2026 | $1.35M | Series A | – | Recur Club | |
| Oct 2025 | $3.38M | Series A | – | – | – |
| Feb 2025 | $376,747 | Seed | – | Praveen Bangari, Hsrp | |
| Nov 2024 | Debt – Conventional | – | – | – | |
| Aug 2024 | $41,689 | Seed | – | – | |
| Jun 2024 | $6.06M | Seed | $11.99M | Invstt | |
| Feb 2024 | $120,608 | Debt – Conventional | – | – | |
| Oct 2023 | $336,263 | Seed | $9M | Maxwin Investment Advisors | – |
| Mar 2023 | $30,358 | Seed | $••••• | Sarffin Financial Advisors | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $11.99M | •••••••• |
| Oct 2023 | $9M | •••••••• |
| Mar 2023 | $••••• | •••••••• |
| May 2022 | $••••• | •••••••• |
Full valuation and stage history of Hala Mobility
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $11.99M (Jun 2024). 19 investors in total: 11 institutional and 8 angel.
Investors in Hala Mobility
Hala Mobility has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Perpetuity Capital, Invstt and Bestvantage Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are matched with investors via an online investment platform. | 2021 | invstt.com | Mumbai, India | |
Venture capital funding and support services for early-stage startups in India. | 2023 | magnifiqcapitaltrust.com | Hyderabad, India | |
| wefoundercircle.com | ||||
Platform connecting startups with investors for funding, mentorship, and capital raising. | 2020 | bestvantageinvestments.com | Thane, India | |
| sarthy.vip | ||||
Financial advisory and brokerage services for HNIs, corporates, and family offices. | 2009 | sarffin.com | Kolkata, India | |
Investment in unlisted stocks and support for startups through market analysis and portfolio diversification. | 2021 | magnifiqsecurities.com | Hyderabad, India | |
| recurclub.com | ||||
PB Praveen Bangari | unknown_2b217b1ba31f49eb8 | |||
SN Suraj Nalin | Founder of Credgenics, angel investor in Indian startups | unknown_3ab8cebfe06447f28 |
Investor details for Hala Mobility
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Hala Mobility India Private Limited (Hala Mobility)
Hala Mobility India Private Limited is the primary company behind Hala Mobility. The board of Hala Mobility India Private Limited currently have 2 directors; the longest-serving is Srikanth Reddy Kalakonda, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srikanth Reddy Kalakonda DIN 08605753 | Director | 07 Nov 2019 | 6 yrs 11 mo | Hala Mobility India Private Limited |
| Snehith Reddy Meda DIN 08527688 | Director | 15 Jun 2021 | 5 yrs 4 mo | Hala Mobility India Private Limited |
People of Hala Mobility
8 people are tracked at Hala Mobility (7 in leadership, 1 in team); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Chief Product Officer | Leadership | |
| Co-Founder & CEO | Leadership | |
P Prem kumar Reddy | Chief Operations Officer | Leadership |
Mohit Gulabani | Founder's Office | Leadership |
| Managing Director | Leadership | |
Rohit Kv | Sales head B2B | Leadership |
Ali Mohd | Heading B2C Business of Electric Vehicles | Team |
Complete people profiles for Hala Mobility
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Hala Mobility
Figures of Hala Mobility India Private Limited, the primary company behind Hala Mobility, for FY 2024. Revenue was ₹11.85 Cr (+142% year on year). Net profit was ₹7.1 Lakh (1% margin). EBITDA was ₹4.24 Cr (36% margin). Revenue has grown at a compounded annual rate of +387% over three years.
- ₹11.85 CrRevenue · FY 2024 · +142% YoY
- ₹7.1 LakhNet profit · 1% margin
- ₹4.24 CrEBITDA · 36% margin
- ₹2.60 CrPaid-up capital
- 30Employees (provident fund records)
- +387%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hala Mobility India Private Limited are on its company page.
Detailed financial statements for Hala Mobility
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hala Mobility
4 dated milestones of Hala Mobility across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Hala Mobility is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Hala Mobility
Hala Mobility has 3 listed competitors in our database, 3 of them funded. They include Zypp Electric, Yulu and Fullfily.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zypp.app | 2017 | Gurugram, India | $50.34M | 913 | Electric vehicles are supplied for last-mile delivery and rental needs. | |
| yulu.bike | 2017 | Bengaluru, India | $124.54M | 185 | Shared electric two-wheelers are rented via an online platform. | |
| fullfily.com | 2021 | Chennai, India | $1.78M | 79 | Electric delivery vehicles are rented via an online platform. |
Detailed competitors of Hala Mobility
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Hala Mobility
The website of Hala Mobility (halamobility.in) receives about 18.1K visits a month.
- Monthly visits18.1K
▲ 25.3% vs previous month
Websites whose visitors overlap most with Hala Mobility. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bud-e.in | 100% | 1.6K | #8,693,684 | View details |
Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as Hala Mobility (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Related news about Hala Mobility
Complete news archive for Hala Mobility
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Frequently Asked Questions about Hala Mobility
Hala Mobility was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Hala Mobility is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Srikanth Reddy is the CEO of Hala Mobility, as recorded in our data. They have also founded this company.
Hala Mobility is a funded company, having raised a total of $12.58M across 11 funding rounds to date. The company's 1st funding round was a Seed of $30.36K, raised on May 2022.
Hala Mobility has 30 employees.
The primary company behind Hala Mobility, Hala Mobility India Private Limited, reported revenue of ₹11.85 Cr for FY 2024, up 142% year on year.
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.
Hala Mobility's top competitors include Yulu, Zypp Electric and Fullfily.
Hala Mobility offers Ryder Electric Bike, Supermax Electric Bike, Amo Electric Bike, and Hala App.
Hala Mobility has 19 investors. Key investors include Perpetuity Capital, Invstt, Bestvantage Investments, Sarffin Financial Advisors, and Magnifiq.
The valuation of Hala Mobility is $11.99M as of Jun 2024.
Hala Mobility operates through Hala Mobility India Private Limited.