Hala Mobility raised Rs 51 crore in a pre-Series A round led by founders Srikanth Reddy and Snehith Reddy to expand its EV fleet and enter six new cities in India.
Amount Raised
₹510 Million
Round Type
Pre-Series A
HyderabadTransportationAutomotiveInvestors
Description
Hala Mobility has raised Rs 51 crore (around $6 million) in its pre-Series A round to ramp up its EV fleet. The funds will help the firm expand its footprint across six additional cities in India, aiming for 10,000 new electric vehicles by December next year.
Quick answer
Hala Mobility raised ₹510 Million in a Pre-Series A round, dated November 4, 2024. Investors: Phani Ramineni, Rohan Bajaj Syndicate, Sarthy Angels, Bestvantage, Network Of High Net Worth Individuals, Srikanth Reddy and Snehith Reddy. Hala Mobility is based in Hyderabad, Telangana, India.
- How much did Hala Mobility raise?
- Hala Mobility raised ₹510 Million in a Pre-Series A round on November 4, 2024.
- Who invested in Hala Mobility?
- Phani Ramineni, Rohan Bajaj Syndicate, Sarthy Angels, Bestvantage, Network Of High Net Worth Individuals, Srikanth Reddy and Snehith Reddy are named as investors in this round.
- What does Hala Mobility do?
- Hala Mobility is an EV-as-a-Service platform that helps e-commerce companies and gig workers by providing a comprehensive fleet management app.
- Where is Hala Mobility based and how big is it?
- Hala Mobility is based in Hyderabad, Telangana, India.
- Who are the decision-makers at Hala Mobility?
- Fundz holds 1 contact at Hala Mobility. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Hala Mobility that raised within 45 days of this round, from Fundz verified event records.
- JetCharge raised $72M (Funding Round) on December 19, 2024.
- Azio AI Holdings, Inc. raised $4.4M (Seed) on December 18, 2024.
- Zeno raised $2M on December 13, 2024.
- Zelos Technology raised $100M (Funding Round) on November 11, 2024.
- ZoomCar raised $9.2M on November 7, 2024.
- ZoomCar raised $200K (Post-IPO Equity) on November 7, 2024.
Who to call at Hala Mobility, and when
A new round usually means Hala Mobility is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Hala Mobility raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hala Mobility, from your own LinkedIn network
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Hala Mobility raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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