GreenCell Mobility - About the company
GreenCell Mobility is a series C 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 $89.3M in funding from investors like IFC, Tata Capital and British International Investment, with a current valuation of ₹*****. The company has 5 active competitors, including 1 that is funded. Its top competitors include companies like Drivn, Azvina and Aeroelectic.
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 C
Total Funding
$89.3M in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Feb 14, 2025
Ranked
1st among 5 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
323 as on Aug 31, 2025
Legal entities associated with GreenCell Mobility
GreenCell Mobility is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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 SURAT PRIVATE LIMITED CIN: U40106MH2022PTC377331 , India, Active | Feb 23, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 311 (As on Aug 31, 2025) |
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GreenCell Mobility's funding and investors
GreenCell Mobility has raised a total funding of $89.3M over 6 rounds. Its first funding round was on Nov 07, 2022. Its latest funding round was a Series C round on Jan 21, 2026 for $*****. 3 investors participated in its latest round. GreenCell Mobility has 8 institutional investors.
Here is the list of recent funding rounds of GreenCell Mobility:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 21, 2026 | 9323480 | Series C | 3861496 | 3979400 | 7044186 | 4528021 |
Jan 21, 2026 | 8798041 | Conventional Debt | 7669230 | 2920864 | 3681565 | |
Sep 11, 2025 | 1083063 | Conventional Debt | 7517409 | 9555044 | 7491917 |
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GreenCell Mobility's founders and board of directors
Founder? Claim ProfileGreenCell Mobility's Board of Directors
GreenCell Mobility's board has 5 active members. Devendra Chawla is part of team and Parthasarathy Vankipuram srinivasa, Aditya Ghosh, Prasanna Prakash Desai and Shishir Maheshwari are independent board members.Here is the list of GreenCell Mobility's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
kdtadoz | Team | - | Current | 1y 5m |
Independent board member | - | Current | 1y 7m | |
tkfpich | Independent board member | - | Current | 3y 2m |
pttozsc | Independent board member | - | Current | 4y 5m |
fjlammm | Independent board member | - | Current | 9y 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:
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GreenCell Mobility's Competitors and alternates
Top competitors of GreenCell Mobility include Drivn, Azvina and Aeroelectic. Here is the list of Top 10 competitors of GreenCell Mobility, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GreenCell Mobility 2019, Mumbai (India), Series C | Provider of end-to-end e-mobility solutions, including electric bus operations and technology services | $89.3M | 58/100 | |
2nd | Provider of electric commercial vehicle leasing, financing, and end-of-life solutions | - | - | 41/100 | |
3rd | Manufacturer of light-weight electric vehicles delivering mobility-as-a-service to global markets | - | - | 16/100 | |
4th |  Aeroelectic Jaipur (India), Unfunded | Operator of shared electric mobility solutions for transportation and logistics | - | - | 16/100 |
5th | Roquemotors 2018, Ludhiana (India), Unfunded | Provider of safe, reliable, economical, clean, and green mobility solutions | - | - | 16/100 |
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GreenCell Mobility's Latest cap tables and shareholding
Funds own 0.10%, Parent Entities (largest shareholder) own 92.96%, Angels own 0.05% and ESOP Pool own 6.89%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Fund | 0.10% | 2Cr | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | |
Parent Entity | 92.96% | 1,840Cr | 7009049 | 8626283 | 8974089 | 7537921 |
Angel | 0.05% | 1Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 6.89% | 136Cr | 938700 | 406646 | 751442 | 105476 |
Total | 100.00% | 1,980Cr | 3833297 | 9191867 | 6560733 | 6881082 |
To unlock detailed Cap Table of GreenCell 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 GreenCell Mobility's Shareholding
GreenCell Mobility's Investments and acquisitions
GreenCell Mobility has made no investments or acquisitions yet.
Reports related to GreenCell Mobility
Here is the latest report on GreenCell Mobility's sector:
News related to GreenCell Mobility
Filter this listMedia has covered GreenCell Mobility for a total of 8 events in the last 1 year, 6 of them have been about company updates.
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GreenCell Mobility Builds One of India’s Safest Public Transport NetworksBusinessnewsthisweek•Apr 28, 2026•GreenCell Mobility
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GreenCell-EKA Consortium Secures Order for 915 Electric Buses in TelanganaMercom India•Mar 24, 2026•EKA, GreenCell Mobility
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GreenCell Mobility to deploy 75 electric buses in Puducherryelectrive.com•Mar 02, 2026•GreenCell Mobility
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NueGo Expands Intercity E-Bus Services in Southern IndiaFinancial Express•Jan 17, 2026•NueGo, GreenCell Mobility
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EKA Mobility Wins 750 Electric Bus Order in Andhra PradeshMobility India•May 18, 2025•EKA, GreenCell Mobility
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GreenCell Mobility Commends Leadership, Appoints Manish Poddar as CFOMedia Bulletins•Feb 27, 2025•GreenCell Mobility
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