Mahindra Last Mile Mobility

Mumbai, India · Founded 1994 · $33.8M raised

Headquarters
Mumbai
Employees
5001–10000
Founded
1994
Total Funding
$33.8M
Last Round
$33.8M Series CJul 2026
Rounds
1

About

Mahindra Last Mile Mobility Limited, a subsidiary of M&M, manufactures a widely acclaimed mix of electric, CNG, petrol, and diesel last-mile mobility 3- and 4-wheeler passenger and cargo vehicles. Its portfolio includes the electric Treo, Zor Grand, and e-Alfa range alongside the ICE Alfa 3-wheeler and Jeeto 4-wheeler models.

Summary

Mahindra Last Mile Mobility is an Electric Vehicles company based in Mumbai, India, founded in 1994. It has raised $33.8M in total across 1 round, most recently a $33.8M Series C round in Jul 2026. Investors include Lightrock and International Finance Corporation.

Funding History

Series CSeries CJul 2026
$33.8M

Investors

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