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
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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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Annual Revenue
$17.06 B (USD)15as on Mar 31, 2024
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Net Profit
$1.35 B (USD)13as on Mar 31, 2024
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EBITDA
$3.27 B (USD)19as on Mar 31, 2024
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Total Equity Funding
$137.89 M (USD)
in 4 rounds
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Latest Funding Round
$33.64 M (USD), Series C
Jul 30, 2026
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Investors
International Finance Corporation
& 4 more
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Employee Count
33980
as on Oct 31, 2024
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People of Mahindra Last Mile Mobility
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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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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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Investor details for Mahindra Last Mile Mobility
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Investments & Acquisitions by Mahindra Last Mile Mobility
Investment portfolio details for Mahindra Last Mile Mobility
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Financial Statements - Mahindra Last Mile Mobility
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Mahindra Last Mile Mobility Comparisons
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.
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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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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.