Alt Mobility: Revolutionizing Electric Vehicle Leasing in India
Alt Mobility, a leading full-stack electric vehicle leasing company based in New Delhi, India, has recently secured an investment from Beyond Capital Ventures. The exact amount of the investment remains undisclosed, with participation from BCV Shell Ventures, Eurazeo, and EV2 Ventures.
Under the leadership of CEO & Co-Founder Dev Arora, Alt Mobility is on a mission to transform the electric vehicle leasing landscape in India. The company specializes in integrated leasing and asset management of electric vehicles for commercial fleets, with a vision to expand its fleet to 30,000 vehicles and achieve an asset under management of approximately $100 million by March 2027. As part of its growth strategy, Alt Mobility will be focusing on enhancing its digital asset management platform and standardizing its battery technology.
Established in 2021, Alt Mobility currently operates a fleet of 13,000 vehicles and manages assets worth over $30 million across 30 cities in India. The company’s comprehensive solution includes leasing, servicing, charging infrastructure, real-time fleet monitoring, and data-driven insights to ensure cost-effective operations and maximum fleet uptime for fleet operators and drivers.
With a commitment to driving rapid EV adoption and sustainability, Alt Mobility is paving the way for a cleaner, greener future in India’s transportation sector. Stay tuned for more updates on Alt Mobility’s innovative solutions and industry impact.
FinSMEs
08/05/2025
