Alt Mobility - About the company
Alt Mobility is a series A 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 $17.3M in funding from investors like Eurazeo, Twynam and PitchRight Ventures, with a current valuation of $*****. The company has 45 active competitors, including 16 funded and 1 that has exited. 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 A
Total Funding
$17.3M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 28, 2025
Ranked
3rd among 45 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
117 as on Jun 30, 2026
Legal entities associated with Alt Mobility
Alt Mobility is associated with 9 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Elektrowagen Motors X Llp CIN: ABZ-3351 , India, Active | Dec 06, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 117 (As on May 31, 2025) | |
ALT NRG FINANCE PRIVATE LIMITED CIN: U64990DL2024PTC434532 , India, Active | Jul 24, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Elektrowagen Motors Vii Llp CIN: ABZ-3003 , India, Active | 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) | |
Elektrowagen Motors Vi Llp CIN: ABZ-3232 , India, Active | 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, Active | Dec 05, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 111 (As on Apr 30, 2025) | |
Elektrowagen Motors Ix Llp CIN: ABZ-6713 , India, Active | Dec 30, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | 117 (As on May 31, 2025) | |
ALT NRG ASSETS II PRIVATE LIMITED CIN: U35105DL2024PTC434125 , India, Active | Jul 15, 2024 | 0 - ₹10 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 $17.3M over 5 rounds. Its first funding round was on Oct 28, 2022. Its latest funding round was a Series A round on Mar 28, 2025 for $*****. 4 investors participated in its latest round. Alt Mobility has 16 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 |
|---|---|---|---|---|---|---|
Mar 28, 2025 | 7930049 | Series A | 5324595 | 5879409 | 9796091 | 6244037 |
Apr 08, 2024 | 7603757 | Series A | 6985964 | 6476040 | 8388325 | |
Jan 18, 2024 | 4975756 | Venture Debt | 5723107 | 5532916 | 7407078 |
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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 1 other company. They serve on the boards of 2 companies.Contact Info: 1 email address 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 6m | |
Team | - | Current | 3y 11m | |
Team | - | Current | 4y 6m | |
Team | - | Current | 4y 6m | |
Independent board member | - | Current | 2y 1m | |
csmyd{q | Independent board member | - | Past | 8y 7m |
vl{jfpv | Independent board member | - | Past | 4y 3m |
View details of Alt Mobility's Founder profiles and Board Members
Alt Mobility's employee count trend
Alt Mobility has 117 employees as of Jun 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 | $135M | 79/100 | ||
2nd |  Zypp Electric 2017, Gurugram (India), Series C | Platform offering electric vehicle rentals and last mile delivery services | $76.5M | 70/100 | |
3rd |  Alt Mobility 2020, Delhi (India), Series A | Provider of electric vehicle leasing and lifecycle management solutions | $17.3M | 71/100 | |
4th | Provider of electric vehicle leasing and fleet asset management services | $11.5M | 65/100 | ||
5th | Manufacturer of electric two and three-wheeled vehicles for various applications | $7.28M | 64/100 | ||
6th |  Hala Mobility 2020, Hyderabad (India), Series A | Platform offering electric mobility solutions | $12.5M | 62/100 | |
7th | Electric mobility solutions for logistics companies | $15.3M | 61/100 | ||
8th | Provider of electric vehicle fleet rentals, charging, and management solutions | $3.04M | 55/100 | ||
9th |  FYN Mobility 2013, Chennai (India), Seed | Platform offering electric mobility solutions | $7.22M | 54/100 | |
10th | Online platform for electric vehicles financing | $194K | 50/100 |
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Alt Mobility's Latest cap tables and shareholding
Founders (largest shareholder) own 49.25%, Funds own 44.85%, Enterprises own 0.85% and Angels own 0.69%. The net worth of Alt Mobility's founders is INR 227Cr as of Mar 28, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 49.25% | 227Cr | 2744029 | 5338514 | 2633610 | 4583535 |
6292809 | 3754460 | 7248809 | 7008407 | 2182745 | 7318802 | |
3212547 | 3469620 | 5329608 | 6129263 | 4205374 | 9923586 | |
3642410 | 8863605 | 9681755 | 8616912 | 4607049 | 7989066 | |
Fund | 44.85% | 207Cr | 7155260 | 9071264 | 6713504 | 2713538 |
8106188 | 6242208 | 2953809 | 7533905 | 6634273 | 4950017 | |
9721854 | 2321487 | 6219259 | 1293092 | 2679449 | 5264772 | |
7758 | 7313 | 7062 | 2893 | 8715 | 8719 | |
59 | 72 | 22 | 11 | 91 | 83 | |
6 | 4 | 6 | 8 | 7 | 1 | |
8 | 8 | 5 | 5 | 7 | 1 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.85% | 3.91Cr | 0 | 0 | 0 | 0 |
Angel | 0.69% | 3.2Cr | 0 | 0 | 0 | 0 |
Other People | 1.30% | 5.98Cr | 7 | 5 | 4 | 6 |
ESOP Pool | 3.08% | 14.2Cr | 483 | 545 | 663 | 765 |
Total | 100.00% | 461Cr | 6844056 | 5886442 | 8750778 | 8215452 |
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 geography:
News related to Alt Mobility
Filter this listMedia has covered Alt Mobility for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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GEML partners with Alt Mobility to boost B2B EV fleet operationsManufacturingtodayindia•Dec 03, 2025•Alt Mobility, Greaves Electric Mobility
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Alt Mobility bags $10M in Series A led by European VC EurazeoYourStory•Oct 16, 2025•Alt Mobility, Eurazeo, Shell
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India's Alt Mobility Secures Investment from Beyond Capital VenturesFinSMEs•May 09, 2025•Alt Mobility, Beyond Capital Ventures, Shell, Eurazeo and 1 other
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Alt Mobility Secures $10 Million Funding with Support from Eurazeo and Shell VenturesEMobility+•Nov 27, 2024•Alt Mobility, Eurazeo, Shell, Twynam and 1 other
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Alt Mobility Introduces EV Leasing For Employee Transport And Ride-Hailingelectronicsforyou.biz•Oct 09, 2024•Alt Mobility
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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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