Alt Mobility, an Indian EV startup, secured $10M to expand its fleet and boost EV adoption.

Alt Mobility, an Indian EV leasing and asset management startup, secured $10 million in Series A funding, led by Eurazeo and including Shell Ventures and others. The funds will be used to expand its fleet to 30,000 vehicles and manage assets worth Rs 800 crore by March 2026. Alt Mobility offers integrated services including digital asset management and battery technology standardization to drive EV adoption.

November 27, 2024
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