Alt Mobility

India's most reliable EV leasing and asset management provider

New Delhi, India · Founded 2020 · $18.8M raised

Headquarters
New Delhi
Employees
51–200
Founded
2020
Business Model
B2B
Total Funding
$18.8M
Last Round
$10.0M Series BNov 2024
Rounds
4

About

ALT Mobility is India's largest full-stack electric vehicle leasing and lifecycle management platform, founded in 2020 and headquartered in New Delhi. The company provides comprehensive EV leasing solutions for B2B commercial fleets, individual delivery drivers, and corporate employees, covering vehicle selection, registration, insurance, maintenance, advanced telematics, and charging infrastructure. With a presence across 37+ cities and access to 7,000+ charging stations and 150+ service garages, ALT Mobility has deployed over 10,000 EVs and offers drivers potential fuel cost savings of up to 80% compared to diesel. Its proprietary FleetOS platform provides real-time vehicle tracking, preventive diagnostics, and fleet management tools.

Summary

Alt Mobility is a Climate Tech company based in New Delhi, India, founded in 2020. It has raised $18.8M in total across 4 rounds, most recently a $10.0M Series B round in Nov 2024. Investors include Eurazeo, Social Impact Capital and Alteria Capital.

Tech & App Stack

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Funding History

Series BSeries BNov 2024
$10.0M

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Pre-Seed through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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