- No. of Employees125
- Founded Year 2018
- Company StagePrivate Limited Company
- Total Funding₹467.67 Cr
- Industry
- Headquarter
- Company StatusActive
Integrated electric mobility, EV charging, and technology platform Magenta aims to revolutionize and aggregate the urban freight & transportation segment both for employee transport and last-mile deliveries across the country with its state-of-the-art technology-enabled vehicles.
With an existing fleet of more than 200 3-wheeler and 4-wheeler vehicles on the streets of Bengaluru, plans are afoot to take these integrated services across the country from a long-term perspective. Magenta Mobility’s current list of customers includes all the major e-commerce businesses such as Amazon, Flipkart, Bigbasket, Porter, and Udaan & similar for last mile clean mobility, while it has a strong relationship with the electric vehicle manufacturers such as Tata Motors, Mahindra Electric, Omega Seiki & Euler Motors, to further establish the versatility of the platform as a trusted partner for businesses to ensure sustainability & cost-effectiveness.
Magenta is developing an electric ecosystem both for employee transport and last-mile deliveries, for the e-Commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics companies. Magenta grounds itself in unmatched full-stack software technology and has implemented a connected Fleet Management System for its EV delivery & logistics services.
Electric mobility solutions provider Magenta Mobility works with Amazon India to induct a fleet of electric vehicles including two and four-wheeler electric vehicles for its delivery partners in Hyderabad. It has a relationship with the electric-vehicle manufacturers including Tata Motors, Mahindra Electric, Omega Seiki and Euler Motors.
- BP Ventures, Kiran C Patel, Morgan Stanley