Alt Mobility - About the company
Alt Mobility is a series B company based in Delhi (India), founded in 2020 by Harsh Dev Goyal, Dev Arora, Manas Arora, Jayant Gupta and Anuj Gupta. It operates as a Provider of electric vehicle leasing and lifecycle management solutions. Alt Mobility has raised $29.2M in funding from investors like Eurazeo, Alpha Alternatives and Twynam, with a current valuation of ₹*****. The company has 49 active competitors, including 17 that are funded. Its top competitors include companies like Yulu, Zypp Electric and Astranova.
Company Details
Provider of electric vehicle leasing and lifecycle management solutions. The company delivers vehicle selection, leasing, service, and repairs. Real-time fleet monitoring, charging, and hubs are also provided. It offers financing options for vehicle leasing. Support for service, repair, warranty, and insurance claims is available.
- Website
- alt-mobility.com
- Social
- Email ID
- *****@alt-mobility.com
- Phone Number
- +91 **********
- Registered Address
- FFS-8, Ansal Chamber-1, 3 Bhikaji Cama Place, New Delhi, New Delhi, New Delhi, Delhi, India, 110066
Key Metrics
Founded Year
2020
Location
Delhi, India
Stage
Series B
Total Funding
$29.2M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jan 23, 2026
Ranked
3rd among 49 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
124 as on Sep 30, 2026
Similar Companies
Legal entities associated with Alt Mobility
Alt Mobility is associated with 10 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALT NRG FINANCE PRIVATE LIMITED CIN: U64990DL2024PTC434532 , India, Active | Jul 24, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
ALT NRG ASSETS II PRIVATE LIMITED CIN: U35105DL2024PTC434125 , India, Active | Jul 15, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Elektrowagen Motors Ix Llp CIN: ABZ-6713 , India, Strike off | Dec 30, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 117 (As on May 31, 2025) | |
Elektrowagen Motors X Llp CIN: ABZ-3351 , India, Strike off | Dec 06, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 117 (As on May 31, 2025) | |
Elektrowagen Motors Vi Llp CIN: ABZ-3232 , India, Strike off | Dec 05, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 117 (As on May 31, 2025) | |
Elektrowagen Motors Viii Llp CIN: ABZ-3268 , India, Strike off | Dec 05, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 111 (As on Apr 30, 2025) | |
Elektrowagen Motors Vii Llp CIN: ABZ-3003 , India, Strike off | Dec 02, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 2 (As on May 31, 2025) | |
Elektrowagen Motors One Llp CIN: ABB-9596 , India, Active | Aug 02, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 117 (As on May 31, 2025) | |
ALT NRG ASSETS PRIVATE LIMITED CIN: U35105DL2023PTC420895 , India, Active | Oct 06, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
Alt Nrg Private Limited CIN: U40106DL2020PTC364111 , India, Active | May 29, 2020 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 217 (As on May 01, 2026) |
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Alt Mobility's funding and investors
Alt Mobility has raised a total funding of $29.2M over 7 rounds. Its first funding round was on Mar 17, 2022. Its latest funding round was a Series B round on Jan 23, 2026 for $*****. 1 investor participated in its latest round. Alt Mobility has 18 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Alt Mobility:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 23, 2026 | 4357720 | Series B | 6567316 | 8535806 | 5230667 | 5094450 |
Mar 28, 2025 | 1044202 | Series A | 7802206 | 7061143 | 7733707 | |
Apr 08, 2024 | 6826029 | Series A | 1910389 | 6804092 |
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Alt Mobility's founders and board of directors
Founder? Claim ProfileThe founders of Alt Mobility are Harsh Dev Goyal, Dev Arora, Manas Arora, Jayant Gupta and Anuj Gupta. Dev Arora is the CEO of Alt Mobility.
Here are the details of Alt Mobility's key team members:
- Harsh Dev Goyal: Co-Founder & CPO of Alt Mobility and founder of 2 other companies, Vidhya and Fruzi. They serve on the boards of 3 companies.Contact Info: 2 email addresses and 2 phone numbers
- Dev Arora: Co-Founder & CEO of Alt Mobility and founder of 1 other company. They serve on the board of 1 company.
- Manas Arora: Co-Founder & CFO of Alt Mobility. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Jayant Gupta: Co-Founder & CCO of Alt Mobility. They serve on the board of 1 company.Contact Info: 1 email address
- Anuj Gupta: Co-Founder & CBO of Alt Mobility. Contact Info: 1 email address and 1 phone number
Alt Mobility's Board of Directors
Alt Mobility's board has 5 active members. Harsh Dev Goyal, Dev Arora, Manas Arora and Jayant Gupta are part of team and Christine Vincent is independent board member.Here is the list of Alt Mobility's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 10m | |
Team | - | Current | 4y 3m | |
Team | - | Current | 4y 10m | |
Team | - | Current | 4y 10m | |
Independent board member | - | Current | 2y 5m | |
mnrbyve | Independent board member | - | Past | 6y 3m |
alvgzfv | Independent board member | - | Past | 8y 1m |
View details of Alt Mobility's Founder profiles and Board Members
Alt Mobility's employee count trend
Alt Mobility has 124 employees as of Sep 26. Here is Alt Mobility's employee count trend over the years:
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Alt Mobility's Competitors and alternates
Top competitors of Alt Mobility include Yulu, Zypp Electric and Astranova. Here is the list of Top 10 competitors of Alt Mobility, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering shared electric two-wheeler rentals | $198M | 79/100 | ||
2nd |  Zypp Electric 2017, Gurugram (India), Series C | Operator of electric vehicle rental services for last mile delivery | $76.5M | 78/100 | |
3rd |  Alt Mobility 2020, Delhi (India), Series B | Provider of electric vehicle leasing and lifecycle management solutions | $29.2M | 72/100 | |
4th | Provider of EV asset management, leasing, and financing solutions | $12.4M | 65/100 | ||
5th |  Hala Mobility 2020, Hyderabad (India), Series A | Provider of electric vehicle subscription leasing and financing service options | $9.2M | 62/100 | |
6th | Provider of electric vehicle fleet rentals, charging, and management solutions | $4.11M | 61/100 | ||
7th | Manufacturer of electric scooters and provider of battery swapping infrastructure | $13.2M | 59/100 | ||
8th | Electric mobility solutions for logistics companies | $15.3M | 58/100 | ||
9th |  FYN Mobility 2013, Bengaluru (India), Seed | Provider of electric vehicle logistics and fleet management technology services | $7.53M | 50/100 | |
10th |  Ghoom Bike 2018, Delhi (India), Unfunded | Operator of a platform for rental and sharing of bicycles | - | - | 48/100 |
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Alt Mobility's Latest cap tables and shareholding
Founders own 45.09%, Funds (largest shareholder) own 49.17%, Enterprises own 0.74% and Angels own 0.61%. The net worth of Alt Mobility's founders is INR 491Cr as of Jan 23, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 45.09% | 491Cr | 9733679 | 7929280 | 6545486 | 8837343 |
9310902 | 2260257 | 6210342 | 6719517 | 7565941 | 3994886 | |
1448970 | 9453128 | 7736244 | 6206811 | 7570712 | 7776717 | |
2227511 | 2408256 | 1487416 | 5076237 | 4858328 | 8753325 | |
8183706 | 6466237 | 8762530 | 9016728 | 2090251 | 1138477 | |
2319549 | 5476658 | 8528285 | 1302686 | 4245867 | 7424286 | |
Fund | 49.17% | 535Cr | 1526751 | 1583081 | 9850744 | 7462417 |
7665432 | 7186880 | 7109283 | 4582791 | 8652096 | 6944734 | |
5226753 | 7874769 | 1820268 | 8586749 | 8741440 | 4243382 | |
525133 | 645696 | 252634 | 466821 | 357832 | 955861 | |
8380 | 2362 | 2602 | 2644 | 4770 | 1349 | |
98 | 45 | 85 | 86 | 78 | 23 | |
2 | 8 | 6 | 4 | 1 | 5 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.74% | 8.06Cr | 0 | 0 | 0 | 0 |
Angel | 0.61% | 6.6Cr | 0 | 0 | 0 | 0 |
Other People | 1.70% | 18.5Cr | 2 | 4 | 8 | 1 |
ESOP Pool | 2.69% | 29.3Cr | 26 | 31 | 65 | 58 |
Total | 100.00% | 1,090Cr | 5474134 | 9305477 | 6766152 | 1529682 |
To unlock detailed Cap Table of Alt Mobility Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Alt Mobility's Shareholding
Alt Mobility's Investments and acquisitions
Alt Mobility has made no investments or acquisitions yet.
Reports related to Alt Mobility
Here is the latest report on Alt Mobility's sector:
News related to Alt Mobility
Filter this listMedia has covered Alt Mobility for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
•
GEML partners with Alt Mobility to boost B2B EV fleet operationsManufacturingtodayindia•Dec 03, 2025•Alt Mobility, Greaves Electric Mobility
•
Alt Mobility bags $10M in Series A led by European VC EurazeoYourStory•Oct 16, 2025•Alt Mobility, Eurazeo, Shell
•
TVS Motor Company and Alt Mobility Partner to Deploy 3,000 Electric Three-Wheelers in FY 2025–26IndianWeb2•Sep 15, 2025•Alt Mobility, TVS Motor
•
India's Alt Mobility Secures Investment from Beyond Capital VenturesFinSMEs•May 09, 2025•Alt Mobility, Beyond Capital Ventures, Shell, Eurazeo and 1 other
•
Mike Murphy joins ALT as a strategic planner, expanding sports campaign teamBdaily•Mar 09, 2025•Alt Mobility
•
Alt Mobility Secures $10 Million Funding with Support from Eurazeo and Shell VenturesEMobility+•Nov 27, 2024•Alt Mobility, Eurazeo, Shell, Twynam and 1 other
•
Alt Mobility Introduces EV Leasing For Employee Transport And Ride-HailingElectronicsforyou•Oct 09, 2024•Alt Mobility
•
•
•
Alt Mobility raises $6mn in Funding Co-led by Shell Ventures, Eurazeo, EV2 and TwynamAsiaone•Jan 18, 2024•Shell, Eurazeo, Alt Mobility, Ev2 Ventures and 5 others
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