Pluto Mobility raises $2 million in a seed round led by Version One Ventures to strengthen engineering and product development, and begin pilot deployments.
Amount Raised
$2 Million
Round Type
Seed
IndiaManufacturingTransportationAutomotiveLogisticsElectric VehicleInvestors
Description
EV startup Pluto Mobility has raised $2 million in a seed funding round led by Version One Ventures, with participation from Grad Capital. The proceeds will be used to strengthen engineering and product development, expand its team and begin pilot deployments in key urban markets. Founded by Akshat Bhatia and Himanshu Panda, the Delhi-based startup is building electric vehicles designed specifically for last-mile logistics use cases. The startup aims to serve e-commerce and quick-commerce operators with its fully covered electric delivery vehicles.
Quick answer
Pluto Mobility raised $2 Million in a Seed round, dated February 19, 2026. Investors: Grad Capital, Pixxel, OfBusiness, Boom Supersonic, Delhivery and Version One Ventures. Pluto Mobility is based in India.
- How much did Pluto Mobility raise?
- Pluto Mobility raised $2 Million in a Seed round on February 19, 2026.
- Who invested in Pluto Mobility?
- Grad Capital, Pixxel, OfBusiness, Boom Supersonic, Delhivery and Version One Ventures are named as investors in this round.
- What does Pluto Mobility do?
- Pluto Mobility is a Delhi-based startup that develops electric vehicles specifically for last-mile logistics use cases.
- Where is Pluto Mobility based and how big is it?
- Pluto Mobility is based in India.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Pluto Mobility that raised within 45 days of this round, from Fundz verified event records.
- Azio AI Holdings, Inc. raised $3.9M on March 6, 2026.
- Einride raised $113M (Post-IPO Equity) on February 28, 2026.
- Applied EV raised $43M (Series B) on January 27, 2026.
- Beta Technologies raised $7.1M on April 2, 2026.
- Dat Bike raised $26M (Series B) on March 1, 2026.
- LEQI raised an undisclosed amount (Series B) on March 1, 2026.
Who to call at Pluto Mobility, and when
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Pluto 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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