Magenta Mobility Secures ₹11.5M to Accelerate India's E-Mobility Revolution and Fleet Expansion

Magenta Mobility is thrilled to announce a successful funding round of ₹1,15,00,000, marking an exciting milestone in our journey to transform India’s logistics landscape through innovative E-Mobility solutions. As a leading end-to-end integrated provider, we are unwavering in our commitment to decarbonize India’s supply chain with safe, smart, and sustainable logistics. This critical investment will fuel our ambitious “Ab Ki Baar Dus Hazaar” campaign aimed at expanding our robust fleet from over 2,500 state-of-the-art electric vehicles to a formidable 10,000 cargo vehicles, further solidifying our role as pioneers in the electric mobility sector. Our integrated software platform, which efficiently manages charging, fleet operations, and crew management, stands as a testament to our dedication to continuous innovation and excellence. By streamlining these processes, we ensure that our delivery network remains agile and robust, meeting the dynamic needs of clients spanning e-commerce, grocery, FMCG, pharmaceuticals, and other sectors. As we scale operations across 18 cities, our mission to create safer mid and last-mile delivery solutions remains our top priority. Moreover, this fresh infusion of capital not only bolsters our technological advancements, but it also empowers us to generate meaningful employment opportunities for India’s blue-collar GIG workforce. By uplifting local communities and contributing to the nation’s economic growth, we are paving the way for a more sustainable and prosperous future. With this strategic financial boost, Magenta Mobility is poised to revolutionize the electric mobility ecosystem, reinforcing our position as the driver of a greener, more efficient, and economically inclusive transport revolution in India.