ALT Mobility

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 25 November – 29 November 2024.

The company plans to grow its fleet to 30,000 vehicles by March 2026 and manage assets worth Rs 800 crores, aiming for a fourfold increase in its assets over the next 18 months.

Revfin, Greaves Finance, Ecofy, Mufin Green Finance, OTO, Rupyy, Credit Fair, Alt Mobility, and Ascend Capital are the Top 10 EV Financing Companies in India.

Alt Mobility, an EV leasing platform, has secured $6mn in funding co-led by Shell Ventures, Eurazeo, EV2 Ventures and Twynam. In addition, LetsVenture, Piper Serica, Pitchright, and UC Inclusive participated in the round with a combination of venture debt and equity.