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Transvolt Mobility secures USD 20 million in a funding round led by IFC to expand its electric vehicle fleet in India.

PRIVATEJul 18, 2025

Amount Raised

$20 Million

Round Type

Funding Round

MumbaiTransportationAutomotive

Investors

Ifc

Description

IFC has made its first-ever equity investment in Transvolt Mobility, investing USD 20 million. This investment is part of a larger USD 50 million funding round aimed at scaling the company's commercial EV fleet. The initiative marks a significant step in promoting electric vehicle adoption in India. Transvolt Mobility aims to enhance its operational capacity with this new funding.

Quick answer

Transvolt Mobility raised $20 Million in a Funding Round round, dated July 18, 2025. Investors: Ifc. Transvolt Mobility is based in Mumbai, Maharashtra, India.

How much did Transvolt Mobility raise?
Transvolt Mobility raised $20 Million in a Funding Round round on July 18, 2025.
Who invested in Transvolt Mobility?
Ifc is named as investors in this round.
What does Transvolt Mobility do?
Transvolt Mobility is an electric vehicle platform based in India, focusing on scaling its commercial EV fleet.
Where is Transvolt Mobility based and how big is it?
Transvolt Mobility is based in Mumbai, Maharashtra, India. Fundz records about 52 employees.
Who are the decision-makers at Transvolt Mobility?
Fundz holds 1 contact at Transvolt 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 Transvolt Mobility that raised within 45 days of this round, from Fundz verified event records.

  • Blitz Electric Mobility raised an undisclosed amount (Pre-Series A) on August 25, 2025.
  • EVeez raised $5.4M (Series A) on July 24, 2025.
  • Empery Digital Inc. raised $500M (Post-IPO Equity) on July 21, 2025.
  • Empery Digital Inc. raised $501M on July 17, 2025.
  • NRG2fly raised an undisclosed amount (Angel) on July 9, 2025.
  • Cariqa raised $4.7M (Seed) on July 8, 2025.

Who to call at Transvolt Mobility, and when

A new round usually means Transvolt Mobility is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Transvolt Mobility raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Transvolt Mobility, from your own LinkedIn network

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Company Information

Company

Transvolt Mobility

Location

Mumbai, Maharashtra, India

About

Transvolt Mobility is an electric vehicle platform based in India, focusing on scaling its commercial EV fleet. The company aims to enhance sustainable mobility solutions in the region.

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Transvolt 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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