How much funding has Astranova Mobility raised?

Astranova Mobility has raised $7.2M in total funding, most recently a Series A round.

Who are Astranova Mobility's investors?

Astranova Mobility's investors include IvyCap Ventures, Asian Development Bank.

When was Astranova Mobility founded?

Astranova Mobility was founded in 2023.

Where is Astranova Mobility headquartered?

Astranova Mobility is headquartered in Gurugram, India.

What industry is Astranova Mobility in?

Astranova Mobility operates in Clean Tech, Electric Vehicles, Transportation.

How many employees does Astranova Mobility have?

Astranova Mobility has 11-50 employees.

Astranova Mobility

Unlocking India's Electrification

Gurugram, India · Founded 2023 · $7.2M raised

Clean Tech

Electric Vehicles

Transportation

Headquarters: Gurugram
Employees: 11–50
Founded: 2023
Business Model: B2B

Website: astranovamobility.com
Total Funding: $7.2M
Last Round: $7.2M Series AApr 2026
Rounds: 1

About

Astranova Mobility is a full-stack electric vehicle financing and fleet management company focused on accelerating India's transition to commercial EV fleets. Founded in 2023 by Kunal Mundra (formerly Electrifi Mobility Pvt. Ltd.), the company is headquartered in Gurugram, Haryana, and partners with Grip Invest — India's leading alternative investment platform — as a core strategic partner for EV leasing. Astranova enables fleet operators to access EVs through structured financing, having deployed over 25,000 EVs worth ₹350+ crore to customers across all EV asset classes. The company raised ₹60 crore ($7.2M) in a Series A round in 2024 led by IvyCap Ventures with participation from the Asian Development Bank (ADB).

Summary

Astranova Mobility is a Clean Tech company based in Gurugram, India, founded in 2023. It has raised $7.2M in total across 1 round, most recently a $7.2M Series A round in Apr 2026. Investors include IvyCap Ventures and Asian Development Bank.