Magenta Mobility
Latest round
- Series A
Last raised
- Apr 2023
Total raised
- $22M
Investors
- 4
About Magenta Mobility
Magenta Mobility is engaged in integrated electric mobility solutions, emphasizing sustainable logistics operations with a 100% electric fleet. Founded in 2017 in Mumbai, India, by Clémence Quint, the company has closed 9 deals to date.Magenta Mobility specializes in integrated electric mobility solutions, primarily focusing on sustainable logistics operations through a 100% electric fleet. Their core offerings include AI and IoT-enabled fleet management systems, which provide data analytics to optimize delivery and logistics operations. This technology enhances supply chain efficiency while addressing environmental concerns, facilitating a cleaner air initiative and significantly reducing greenhouse gas emissions. Magenta serves a diverse customer base that includes prominent partners such as StarQuik, Elior, and Amazon India, focusing on urban centers in India where electric vehicle adoption is increasing. The company is targeting new geographic markets to broaden its reach, with specific plans to enhance its presence in metropolitan areas across India where demand for electric mobility solutions is growing.
Who invested in Magenta Mobility
4 investors across 2 rounds
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Questions about Magenta Mobility
Who invested in Magenta Mobility?
Magenta Mobility has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Magenta Mobility raised?
Magenta Mobility has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Magenta Mobility last raise money?
Magenta Mobility's most recent round on record is a Series A, in Apr 2023.
What does Magenta Mobility do?
Magenta Mobility is engaged in integrated electric mobility solutions, emphasizing sustainable logistics operations with a 100% electric fleet.
Where is Magenta Mobility headquartered?
Magenta Mobility is headquartered in Mumbai, India.
Which VCs invest in companies like Magenta Mobility?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back automobiles, other vehicles & parts companies at Magenta Mobility's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series A
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