# Fyn Mobility

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Chennai, India
- Website: www.fynmobility.com/
- Total disclosed funding: $0.3M
- Latest round: Seed (Mar 16, 2019)
- Investors on record: 3

## About

Fyn Mobility is an Indian company focused on creating a sustainable electric vehicle ecosystem, offering integrated solutions for last-mile logistics and fleet services through a comprehensive electric fleet.Founded in 2013 by Visakh Sasikumar, Fyn Mobility operates from Chennai, India, specializing in electric vehicle logistics and services. The company has completed 5 deals and recently raised INR 210 million in pre-Series A funding on May 16, 2025, to enhance technology and scale operations.Fyn serves as India's first vertically integrated electric vehicle (EV) ecosystem platform, specializing in last-mile logistics and ancillary services through an electric fleet. Its primary offering, EV-as-a-Service, combines a fleet of electric vehicles with data-driven logistics solutions to improve operational efficiency and reduce carbon emissions. Fyn caters to various sectors, including e-commerce and retail, focusing on sustainable logistics solutions in urban Indian markets.In 2023, Fyn Mobility generated revenue of INR 303,642.30, with an EBITDA of -INR 615,422.20, structured around B2B transactions for its EV logistics and fleet services, with clients subscribing for tailored logistics management and vehicle leasing.Following the recent funding of INR 210 million, Fyn Mobility plans to enhance its technology and scale its operations while accelerating its international expansion. The company is actively working on new product offerings to be launched in the near future, targeting specific new markets and geographic regions to establish a stronger presence by leveraging its EV-as-a-Service model.

## Funding rounds

- Seed, Mar 16, 2019, $0.3M — BlueHill Asset Management, Eagle10 Ventures, Genesis IT Innovations Ltd

## Investors

- BlueHill Asset Management (https://capitalatlas.ai/funds/bluehill-asset-management) — Seed
- Eagle10 Ventures (https://capitalatlas.ai/funds/eagle10-ventures) — Seed
- Genesis IT Innovations Ltd — Seed