Key Metrics
  • No. of Employees125
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹467.67 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Magenta Mobility

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.

Business Model

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.

Top Competitors
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NumocityU72900KA2018PTC119483
BA
BatterypoolU74999PN2018PTC174312
MO
MoevingU34300DL2021PTC375861
BS
Battery SmartU31904DL2019PTC357706
ZE
Zypp ElectricU63000HR2017PTC070227
Magenta Mobility Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹467.67 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • BP Ventures, Kiran C Patel, Morgan Stanley
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Magenta Mobility Financial Details
Financial Highlights
FY 2022-23 Revenue₹18.77 Cr
FY 2022-23 Expenses₹43.13 Cr
FY 2022-23 Profit/Loss-₹39.66 Cr
Net Cash Flow From Operations-₹24.72 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Magenta Mobility Key People
People Metrics
Current Core Team2
Board Members/Directors4

Core Team

DD
Darryl DiasCo-Founder
ML
Maxson LewisCo-Founder

Board Members/Directors

ML
Maxson LewisManaging Director
DD
Darryl DiasDirector
SU
Sujay Udaybabu ShahNominee Director
ST
Sarita Tufani VishwakarmaNominee Director
Magenta Mobility Documents

AY - 2018-19

Profit and Loss statement - Magenta Mobility - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Magenta Mobility for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Magenta Mobility - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Magenta Mobility for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Magenta Mobility - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Magenta Mobility for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Magenta Mobility - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Magenta Mobility for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Magenta Mobility - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Magenta Mobility for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Magenta Mobility - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Magenta Mobility for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Magenta Mobility - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Magenta Mobility for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Magenta Mobility - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Magenta Mobility for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Magenta Mobility - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Magenta Mobility for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Magenta Mobility - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Magenta Mobility for FY 2022-23
₹249.00 ₹498.00

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