# Advance Mobility Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/advance-mobility-pvt

- Industry: Transportation Services
- Headquarters: Ahmedabad, India
- Website: www.advancemobility.io
- Total disclosed funding: $1.8M
- Latest round: Seed (Dec 11, 2023)
- Investors on record: 7

## About

Based in Gujarat, India, and founded in 2023 by Mohit Jalan, Advance Mobility Pvt. Ltd., a.k.a. Advance Mobility, operates as a transportation company that focuses on providing the ridesharing mobility space to address challenges across the entire value chain. In February 2024, Advance Mobility raised USD 2 million in seed funding led by Finvolve, with participation from India Accelerator.

The company provides scalable fleet operations through a fleet of 425 CNG cars across Mumbai and Pune.

The company plans to use its proceeds from February 2024 funding to expand its presence beyond Mumbai and Pune to other cities in India.

## Funding rounds

- Seed, Dec 11, 2023, $1.8M — Samarthya Investment Advisors, Finvolve, Madhu Silica Private Limited, India Accelerator, ANUBHUTI VALUE TRUST, Rudraksh Ventures, Nawanagar Fingrow LLP

## Investors

- Samarthya Investment Advisors (https://capitalatlas.ai/funds/samarthya-investment-advisors) — Seed
- Finvolve (https://capitalatlas.ai/funds/finvolve) — Seed
- Madhu Silica Private Limited — Seed
- India Accelerator (https://capitalatlas.ai/funds/india-accelerator) — Seed
- ANUBHUTI VALUE TRUST — Seed
- Rudraksh Ventures — Seed
- Nawanagar Fingrow LLP — Seed