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Astranova Mobility raised 24 crore Rs in a seed funding round led by Asian Development Bank (ADB) Ventures and AdvantEdge to expand its focus beyond electric vehicles.

Mar 06, 20254 months ago

Amount Raised

₹240 Million

Round Type

seed

GurugramInformation Technology

Investors

Advant EdgeAsian Development Bank (Adb) Ventures

Description

Astranova Mobility, formerly Electrifi Mobility, raised Rs 24 crore in a seed funding round to support its expansion beyond electric vehicles. The company plans to deploy $1 billion in sustainable transportation assets over the next five years.

Company Information

Company

Astranova Mobility

Location

Gurugram, Haryana, India

About

Astranova is a full-stack EV asset management and leasing provider, empowering commercial fleets to transition seamlessly to electric vehicles and achieve sustainable, future-ready transportation. We offer comprehensive solutions to electrify your fleet and accelerate your journey toward a greener tomorrow.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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