When was GreenCell Mobility founded?

GreenCell Mobility was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is GreenCell Mobility located?

GreenCell Mobility is headquartered in Mumbai, India. It is registered at Unit No. 405, 4th Floor, E Wing, Corporate Avenue, New A K Link Road, Chakala, Andheri (Eas, t), Mumbai City, Mumbai, Maharashtra, India, 400093.

Which legal entities is GreenCell Mobility associated with?

GreenCell Mobility is associated with GREENCELL MOBILITY PRIVATE LIMITED and 1 other.

How many employees does GreenCell Mobility have?

As of Aug 31, 2025, the latest employee count at GreenCell Mobility is 323.

Is GreenCell Mobility a funded company?

GreenCell Mobility is a funded company, having raised a total of $34.8M across 6 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 07, 2022.

How much is GreenCell Mobility worth?

The latest valuation of GreenCell Mobility is ₹***** as of Feb 14, 2025.

When was the latest funding round of GreenCell Mobility?

GreenCell Mobility's latest funding was a $***** Series D round on Oct 13, 2026, with participation from 1 investor.

What is the annual revenue of GreenCell Mobility?

Annual revenue of GreenCell Mobility is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does GreenCell Mobility rank among its competitors?

GreenCell Mobility ranks 1st amongst 6 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Drivn, which secured $4.69M in Sep, 2026.

Who are the top competitors of GreenCell Mobility?

GreenCell Mobility's top competitors include SwitchLabs, Drivn and Azvina. Among them, GreenCell Mobility secured the most recent funding round in October, 2026.

GreenCell Mobility - 2026 Company Profile, Team, Funding, Competitors & Financials

GreenCell Mobility is a series D company based in Mumbai (India), founded in 2019. It operates as a Provider of end-to-end e-mobility solutions, including electric bus operations and technology services. GreenCell Mobility has raised $34.8M in funding from investors like IFC, Tata Capital and British International Investment, with a current valuation of ₹*****. The company has 6 active competitors, including 3 that are funded. Its top competitors include companies like SwitchLabs, Drivn and Azvina.

Company Details

Provider of end-to-end e-mobility solutions, including electric bus operations and technology services. It is an electric-bus mobility platform in India that offers end-to-end shared e-mobility solutions. They aim to integrate and create powerful connected electric vehicle technology solutions. The company primarily focuses on leveraging proven global experience to become a leading pan-India shared electric mobility player.

Website: greencellmobility.com
Email ID: *****@greencellmobility.com
Phone Number: +91 **********
Registered Address: Unit No. 405, 4th Floor, E Wing, Corporate Avenue, New A K Link Road, Chakala, Andheri (Eas, t), Mumbai City, Mumbai, Maharashtra, India, 400093

Key Metrics

Founded Year

2019

Location

Mumbai, India

Stage

Series D

Total Funding

$34.8M in 6 rounds

Latest Funding Round

Series D, Oct 13, 2026, $*****

Post Money Valuation

₹***** as on Feb 14, 2025

Investors

IFC & 9 more

Ranked

1^st among 6 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

323 as on Aug 31, 2025

Similar Companies

WattEV & 11 more

View GreenCell Mobility's full profile

GreenCell Mobility is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
GREENCELL SURAT PRIVATE LIMITED CIN: U40106MH2022PTC377331 , India, Active	Feb 23, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	311 (As on Aug 31, 2025)
GREENCELL MOBILITY PRIVATE LIMITED CIN: U74999MH2019PTC330329 , India, Active	Sep 09, 2019	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	17 (As on Mar 01, 2026)

GreenCell Mobility has raised a total funding of $34.8M over 6 rounds. Its first funding round was on Nov 07, 2022. Its latest funding round was a Series D round on Oct 13, 2026 for $*****. 1 investor participated in its latest round. GreenCell Mobility has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of GreenCell Mobility:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 13, 2026	5880956	Series D	5970213	3466838	6704751	9237325
Jan 21, 2026	7999217	Conventional Debt	8354473	3793994	6537092	IFC & 2 more
Sep 11, 2025	6733861	Conventional Debt	9345844	7093724	5627594	IFC

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GreenCell Mobility's Board of Directors

GreenCell Mobility's board has 5 active members. Devendra Chawla is part of team and Prasanna Prakash Desai, Parthasarathy Vankipuram Srinivasa, Aditya Ghosh and Shishir Maheshwari are independent board members.

Here is the list of GreenCell Mobility's board of directors:

Name	Type	Representing	Status	Duration
ddnrsul	Team	-	Current	3y 5m
Prasanna Prakash Desai	Independent board member	-	Current	7y 1m
eydjhcl	Independent board member	-	Current	1y 5m
bfyai{h	Independent board member	-	Current	9y 3m
yggk{{m	Independent board member	-	Current	8y 2m

GreenCell Mobility's employee count trend

GreenCell Mobility has 323 employees as of Aug 25. The total employee count is 6.0% lower than what it was in Aug 24. Here is GreenCell Mobility's employee count trend over the years:

Employee count trend for GreenCell Mobility

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Top competitors of GreenCell Mobility include SwitchLabs, Drivn and Azvina. Here is the list of Top 10 competitors of GreenCell Mobility, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GreenCell Mobility 2019, Mumbai (India), Series D	Provider of end-to-end e-mobility solutions, including electric bus operations and technology services	$34.8M	Goldman Sachs, IFC & 8 others	58/100
2nd	SwitchLabs 2022, Noida (India), Seed	Provider of electric trucking solutions for heavy‑duty freight operations	-	-	51/100
3rd	Drivn 2025, Gurugram (India), Seed	Provider of electric commercial vehicle leasing, financing, and end-of-life solutions	$4.69M	Avaana Capital Advisors	41/100
4th	Azvina Surat (India), Unfunded	Manufacturer of light-weight electric vehicles delivering mobility-as-a-service to global markets	-	-	16/100
5th	Aeroelectic Jaipur (India), Unfunded	Operator of shared electric mobility solutions for transportation and logistics	-	-	16/100
6th	Roquemotors 2018, Ludhiana (India), Unfunded	Provider of safe, reliable, economical, clean, and green mobility solutions	-	-	16/100

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Funds own 0.10%, Parent Entities (largest shareholder) own 92.96%, Angels own 0.05% and ESOP Pool own 6.89%. The cap table displayed below is for GREENCELL MOBILITY PRIVATE LIMITED which is the legal entity associated with GreenCell Mobility.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	0.10%	2Cr	0	0	0	0
Homage Ventures	0	0	0	0	0	0
Parent Entity	92.96%	1,840Cr	3954588	4964898	6951205	4610043
Angel	0.05%	1Cr	0	0	0	0
ESOP Pool	6.89%	136Cr	319496	900654	452036	383337
Total	100.00%	1,980Cr	8982808	5378154	4732362	8559231