TI Clean Mobility
About TI Clean Mobility
TI Clean Mobility is a company based in Chennai (India) founded in 2022.. TI Clean Mobility has raised $519.2 million across 3 funding rounds from investors including State Bank of India, Tube Investments of India and GEF Capital Partners. The company has 530 employees as of January 31, 2025. TI Clean Mobility has completed 2 acquisitions, including Cellestial E-mobility and IPLTech Electric.
- Headquarter Chennai, India
- Employees 530 as on 31 Jan, 2025
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Annual Revenue
$2.07 B (USD)13as on Mar 31, 2024
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Net Profit
$143.46 M (USD)1as on Mar 31, 2024
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EBITDA
$265.92 M (USD)8as on Mar 31, 2024
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Total Equity Funding
$519.2 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series D
Dec 03, 2024
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Investors
State Bank of India
& 3 more
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Employee Count
530
as on Jan 31, 2025
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Investments & Acquisitions
Cellestial E-mobility
& 1 more
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Funding Insights of TI Clean Mobility
TI Clean Mobility has successfully raised a total of $519.2M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $15 million completed in December 2024. 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 3
- Last Round Series D — $15.0M
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First Round
First Round
(25 Feb 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series D - TI Clean Mobility | Valuation |
investors |
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| Jun, 2024 | Amount | Series D - TI Clean Mobility | Valuation |
investors |
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| Feb, 2023 | Amount | Private Equity Round - TI Clean Mobility | Valuation | Multiples Alternate Asset Management |
| 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 TI Clean Mobility
TI Clean Mobility has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include State Bank of India, Tube Investments of India and GEF Capital Partners. 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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Investment partnerships, entrepreneur support, and profit-focused services in finance.
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Founded Year | Domain | Location | |
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Clean energy infrastructure investments are managed by the fund.
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Founded Year | Domain | Location | |
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High precision tubes are manufactured for automobiles and bicycles.
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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 TI Clean Mobility
TI Clean Mobility has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cellestial E-mobility and IPLTech Electric. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-enabled electric tractors and components are manufactured.
|
2019 | ||||
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Electric trucks with advanced battery and tracking features are developed.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - TI Clean 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ti Clean Mobility Comparisons
Competitors of TI Clean Mobility
| 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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Frequently Asked Questions about TI Clean Mobility
When was TI Clean Mobility founded?
TI Clean Mobility was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is TI Clean Mobility located?
TI Clean Mobility is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of TI Clean Mobility?
Manish Arora is the current CEO of TI Clean Mobility.
Is TI Clean Mobility a funded company?
TI Clean Mobility is a funded company, having raised a total of $519.2M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $144.91M, raised on Feb 25, 2023.
How many employees does TI Clean Mobility have?
As of Jan 31, 2025, the latest employee count at TI Clean Mobility is 530.
What is the annual revenue of TI Clean Mobility?
Annual revenue of TI Clean Mobility is $2.07B as on Mar 31, 2024.
What does TI Clean Mobility do?
TI Clean Mobility was established in 2022 in Chennai, India, as a subsidiary focused on the electric vehicle sector. Electric three-wheelers are designed, produced, and distributed by the company for the passenger auto industry. Operations center on sustainable mobility solutions, with leadership provided by executives such as the CEO, Managing Director, and CFO. The firm contributes to urban transportation needs in India through its specialized offerings.
How many acquisitions has TI Clean Mobility made?
TI Clean Mobility has made 2 acquisitions, including Cellestial E-mobility, and IPLTech Electric.
Who are TI Clean Mobility's investors?
TI Clean Mobility has 4 investors. Key investors include State Bank of India, Tube Investments of India, GEF Capital Partners, and Multiples Alternate Asset Management.
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