Hala Mobility - About the company
Hala Mobility is a series A company based in Hyderabad (India), founded in 2020 by Srikanth Reddy Kalakonda and Anand Pareek. It operates as a Provider of electric vehicle subscription leasing and financing service options. Hala Mobility has raised $12.5M in funding from investors like Sarffin Financial Advisors, FTA HSRP Solutions and Recur Club, with a current valuation of $*****. The company has 102 active competitors, including 11 funded and 1 that has exited. Its top competitors include companies like TIER, Vogo and Blive.
Company Details
Provider of electric vehicle subscription leasing and financing service options. This business offers electric two-wheelers through daily, weekly, and monthly subscription models. Customers may also choose to lease vehicles for extended periods or utilize financing arrangements to purchase electric bikes. The service includes access to charging stations and maintenance support for the provided vehicles.
- Website
- halamobility.in
- Social
- Email ID
- *****@halamobility.in
- Phone Number
- +91 **********
- Registered Address
- Plot No.18/2, 3rd Floor, Sector III, Huda Techno Enclave, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081
Key Metrics
Founded Year
2020
Location
Hyderabad, India
Stage
Series A
Total Funding
$12.5M in 10 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 06, 2025
Investors
Ranked
3rd among 102 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
24 as on Feb 28, 2025
Legal entities associated with Hala Mobility
Hala Mobility is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HALA MOBILITY INDIA PRIVATE LIMITED CIN: U63030TG2019PTC136678 , India, Active | Nov 07, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 173 (As on Apr 01, 2026) |
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Hala Mobility's funding and investors
Hala Mobility has raised a total funding of $12.5M over 10 rounds. Its first funding round was on May 19, 2022. Its latest funding round was a Conventional Debt round on Jan 20, 2026 for $*****. 6 investors participated in its latest round. Hala Mobility has 11 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of Hala Mobility:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2026 | 2992770 | Conventional Debt | 3665489 | 7632683 | 4421214 | 8106089 |
Jan 20, 2026 | 6014740 | Series A | 1268425 | 6971488 | 8034339 | |
Oct 09, 2025 | 9985966 | Series A | 1938039 | 5409007 | 1976621 | 9569042 |
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Hala Mobility's founders and board of directors
Founder? Claim ProfileThe founders of Hala Mobility are Srikanth Reddy Kalakonda and Anand Pareek. Nick Talken, Srikanth Reddy and Srikanth Reddy Kalakonda are the CEOs of Hala Mobility.
Here are the details of Hala Mobility's key team members:
- Srikanth Reddy Kalakonda: Co-Founder & CEO of Hala Mobility. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Anand Pareek: Co-Founder of Hala Mobility. Contact Info: 1 email address and 2 phone numbers
Hala Mobility's Board of Directors
Hala Mobility's board has 2 active members. Srikanth Reddy Kalakonda and Snehith Reddy Meda are part of team.Here is the list of Hala Mobility's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 9m | |
Team | - | Current | 5y 1m |
View details of Hala Mobility's Founder profiles and Board Members
Hala Mobility's employee count trend
Hala Mobility has 24 employees as of Feb 25. Here is Hala Mobility's employee count trend over the years:
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Hala Mobility's Competitors and alternates
Top competitors of Hala Mobility include TIER, Vogo and Blive. Here is the list of Top 10 competitors of Hala Mobility, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of shared electric scooters and bicycles for urban transit | $660M | 67/100 | ||
2nd | App-based scooter rental service | $159M | 65/100 | ||
3rd |  Hala Mobility 2020, Hyderabad (India), Series A | Provider of electric vehicle subscription leasing and financing service options | $12.5M | 63/100 | |
4th | Provider of electric vehicle fleet rentals, charging, and management solutions | $3.04M | 53/100 | ||
5th | Platform offering on-demand two-wheeler rentals and rent-to-own options | $7.49M | 49/100 | ||
6th |  Ghoom Bike 2018, Delhi (India), Unfunded | Operator of a platform for rental and sharing of bicycles | - | - | 48/100 |
7th | Online platform that offers a range of electric scooters and mobility solutions, leveraging AI-enabled technology to provide sustainable and convenient transportation options | - | - | 41/100 | |
8th | Chartered Bike 2017, Ahmedabad (India), Funding Raised | Electric vehicle subscription and leasing provider for personal and commercial use | - | 37/100 | |
9th | Online e-scooter rental service | - | - | 34/100 | |
10th | Enfield Riders 2012, Mumbai (India), Seed | Online portal to rent motorcycle and accessories | $500K | - | 34/100 |
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Hala Mobility's Latest cap tables and shareholding
Founders (largest shareholder) own 72.77%, Funds own 11.05%, Enterprises own 4.06% and Angels own 7.97%. The net worth of Hala Mobility's founders is INR 76.1Cr as of Jun 06, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 72.77% | 76.1Cr | 4610850 | 6702864 | 9743214 | 1646714 |
2037823 | 7644410 | 8108781 | 3529242 | 3993766 | 3826282 | |
8284658 | 7751124 | 8128182 | 4372220 | 8908853 | 2242939 | |
Fund | 11.05% | 11.6Cr | 3667850 | 4173302 | 6662481 | 5530689 |
Enterprise | 4.06% | 4.25Cr | 3517 | 8285 | 7046 | 7046 |
Angel | 7.97% | 8.34Cr | 4342207 | 9795021 | 8299148 | 3969932 |
1 | 6 | 6 | 6 | 2 | 4 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 4.14% | 4.33Cr | 1519 | 8200 | 1216 | 3964 |
Total | 100.00% | 105Cr | 1005063 | 1581752 | 5950371 | 3237248 |
To unlock detailed Cap Table of Hala 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 Hala Mobility's Shareholding
Hala Mobility's Investments and acquisitions
Hala Mobility has made no investments or acquisitions yet.
Reports related to Hala Mobility
Here is the latest report on Hala Mobility's sector:
News related to Hala Mobility
Filter this listMedia has covered Hala Mobility for a total of 3 events in the last 1 year.
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Hala Mobility raises Rs 30 crore to deploy 6,000 EVs via Hala+ FOCO modelIndian Startup News•Oct 09, 2025•Visitmt, Hala Mobility, Energix, Zuora
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iGoWise Mobility Secures Rs 8.2 Cr in Pre-Seed Funding RoundStartupNews•Sep 29, 2025•888vc, Guptaji invests, iGoWise, DLabs and 5 others
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Rilox EV and Hala Mobility Partner to Deploy 20,000 EVs in IndiaBusinessnewsthisweek•May 09, 2025•Rilox, Hala Mobility
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Hala Mobility Raises Rs 51 Crore to Accelerate EV Fleet Expansion in IndiaBestvantage Investments•Nov 04, 2024•Bestvantage Investments, Hala Mobility, Sarthy
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Hala Mobility secures INR 1 crore debt funding from Perpetuity CapitalEVreporter•Feb 29, 2024•Hala Mobility, Perpetuity Capital
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Log9 Materials And Hala Mobility Join Forces For Cleaner CitiesDriveSpark•Aug 18, 2023•Hala Mobility, Log9
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RAMP partners with Hala Mobility for the upkeep of large EV fleetsIndiatimes•Jun 07, 2023•RAMP Global, Hala Mobility, Ramp Global
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