# Alt Mobility

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

- Industry: Internet
- Headquarters: Delhi, India
- Website: www.alt-mobility.com
- Total disclosed funding: $9.3M
- Latest round: Series A (Sep 30, 2024)
- Investors on record: 5

## About

Established in 2020 and based in Delhi, India, ALT NRG Private Limited, trading under the name, Alt Mobility, provides services and solutions to facilitate the adoption of electric vehicles in commercial fleets and intra-city logistics operations. The company was co-founded by Dev Arora (CEO), Anuj Gupta, Manas Arora, Harsh Goyal, and Jayant Gupta. In January 2024, the firm raised USD 6 million in venture funding co-led by investors Shell Ventures, Eurazeo, Ev2 Ventures, and Twynam Investments, with participation from investors UC Inclusive Credit Pvt Ltd., Piper Serica, PitchRight Ventures, and LetsVenture. 

The company offers an EV leasing platform that provides its customers with transportation solutions and full-stack services. The firm platform facilitates the lifecycle management of commercial vehicles. Additionally, the FleetOS of the company helps optimize fleet telematics, maintenance, leasing, charging, parking, and many others.

The company plans to use the January 2024 funding for team expansion and product development.

## Funding rounds

- Series A, Sep 30, 2024, $9.3M — Eurazeo, Shell Ventures, LVX, PitchRight Ventures, Twynam Investments

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
- LVX (https://capitalatlas.ai/funds/lvx) — Series A
- PitchRight Ventures (https://capitalatlas.ai/funds/pitchright-ventures) — Series A
- Twynam Investments (https://capitalatlas.ai/funds/twynam-investments) — Series A