Mahindra Last Mile Mobility

Mumbai, India Founded: 1994 • Age: 32 yrs
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 4 wheelers, passenger, and cargo vehicles
Annual revenue $17.1B Latest available
Total funding $137.9M 4 rounds
Employees 33980 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Mahindra Last Mile Mobility

Mahindra Last Mile Mobility is a company based in Mumbai (India) founded in 1994. Mahindra Last Mile Mobility has raised $137.89 million across 4 funding rounds from investors including International Finance Corporation, Global Environment Fund and The India-Japan Fund. The company has 33,980 employees as of October 31, 2024. Mahindra Last Mile Mobility operates in a competitive market with competitors including Mahindra, Ford, Eicher Motors, Infraprime Logistics Technologies and Motovolt, among others.

  • Headquarter Mumbai, India
  • Employees 33980 as on 31 Oct, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.06 B (USD)
    15
    as on Mar 31, 2024
  • Net Profit
    $1.35 B (USD)
    13
    as on Mar 31, 2024
  • EBITDA
    $3.27 B (USD)
    19
    as on Mar 31, 2024
  • Total Equity Funding
    $137.89 M (USD)

    in 4 rounds

  • Latest Funding Round
    $33.64 M (USD), Series C

    Jul 30, 2026

  • Investors
  • Employee Count
    33980

    as on Oct 31, 2024

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People of Mahindra Last Mile Mobility

Headcount 200-500
Employee Profiles 65
Employee Profiles
People
Marcelo Vargas
Chief Platform Head
People
Dr. Srinivasa Chandra V
Head - Validation, Homologation And Proto-build
People
Amit Singh
Senior Manager
People
Archana Goud
Deputy Manager

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Funding Insights of Mahindra Last Mile Mobility

Mahindra Last Mile Mobility has successfully raised a total of $137.89M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $33.64 million completed in July 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 Mahindra Last Mile Mobility

Mahindra Last Mile Mobility has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation, Global Environment Fund and The India-Japan Fund.

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Venture Fund
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
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US focused VC firm
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Infrastructure fund focused on energy sector
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Investments & Acquisitions by Mahindra Last Mile Mobility

Investments
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Financial Statements - Mahindra Last Mile Mobility

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Mahindra Last Mile Mobility Comparisons

Mahindra Last Mile Mobility Primary company
Description
Manufacturer of petrol, CNG, diesel and electric last mile m...
Location
Mumbai, India
Founded Year
1994
Annual Revenue
$17.06 B (USD)
Net Profit
$1.35 B (USD)
EBITDA
$3.27 B (USD)
Employees
33,980
As of 2024
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Peer comparison for Mahindra Last Mile Mobility

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Competitors of Mahindra Last Mile Mobility

Mahindra Last Mile 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 Mahindra, Ford, Eicher Motors, Infraprime Logistics Technologies and Motovolt, among others.

Company Name Domain Founded year HQ Location Description
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Diversified operations span automotive, agriculture, and financial services.
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Automobiles and commercial vehicles are manufactured by Ford.
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Commercial vehicles and two-wheelers are manufactured by Eicher Motors.
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Electric heavy-duty trucks are developed for logistics and construction sectors.
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Electric bicycles with advanced features are developed by Motovolt.
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Detailed competitors of Mahindra Last Mile Mobility

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Latest news on Mahindra Last Mile Mobility

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Complete news archive for Mahindra Last Mile Mobility

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Frequently Asked Questions about Mahindra Last Mile Mobility

Mahindra Last Mile Mobility was founded in 1994 and raised its 1st funding round 12 years after it was founded.

Mahindra Last Mile Mobility is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Suman Mishra is the current CEO of Mahindra Last Mile Mobility.

Mahindra Last Mile Mobility is a funded company, having raised a total of $137.89M across 4 funding rounds to date.

As of Oct 31, 2024, the latest employee count at Mahindra Last Mile Mobility is 33,980.

Annual revenue of Mahindra Last Mile Mobility is $17.06B as on Mar 31, 2024.

Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 4 wheelers, passenger, and cargo vehicles. It offers a diverse range of three four wheelers, including Treo Series, e-Alfa, Zor Grand,Treo Yaari, Alfa DX Duo, Alfa DX, Treo Zor, Jeeto Plus Petrol, Jeeto Strong Diesel CNG, and Mahindra Zeo.

Mahindra Last Mile Mobility's top competitors include Mahindra, Tata Motors and Ford.

Mahindra Last Mile Mobility has 5 investors. Key investors include International Finance Corporation, Global Environment Fund, The India-Japan Fund, DFJ, and Lightrock.

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