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Company	Magenta Mobility
Short Description	Developer of integrated mobility and EV charging platform for freight, transport, and last mile delivery
Status	Private
Year Founded	2018
Industry Group	transportation & logistics
Sector	electric vehicle (ev) charging
TRL Range	9
Country	India
Nbr Employees	11-50
Revenue Range
Total Equity Capital Raised	$36M
Last Stage Capital Raised	Structured Debt round of $20M 2023
Investors	E4 Shell, BP Ventures, Morgan Stanley Infrastructure Partners

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Magenta Mobility

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Short description

Developer of integrated mobility and EV charging platform for freight, transport, and last mile delivery

Founded in 2018

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Company type Private Public ()

Company type

Industry Group transportation & logistics

Sector electric vehicle (ev) charging

TRL Range 9

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters India Navi Mumbai, India

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Updated by Darryl Dias at Magenta Power Private Limited on 09/29/2018

Edited by Cleantech Group on 10/25/2023

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Darryl Dias

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	E4 Shell E4 Shell View source Confirmed by E4 Shell	Incubation/Acceleration	Delete

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02/10/2023	BP Ventures BP Ventures , Morgan Stanley Infrastructure Partners Morgan Stanley Infrastructure Partners (2) Post-money valuation of Funding will be used to expand presence in cities across India (source)	Series B	$20,000,000	Delete

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Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	Solar based Electric Vehicle Charging Station	Wide Commercial Availability	Usage Fees	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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Solar based Electric Vehicle Charging Station

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Developer of integrated mobility and EV charging platform for freight, transport, and last mile delivery

IPO INFORMATION

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