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Mahindra Last Mile Mobility

Transportation · Bengaluru, India · Founded 1994

Leading electric three-wheeler manufacturer offering innovative, eco-friendly last mile mobility solutions MoreLess

Mahindra Last Mile Mobility Limited, a subsidiary of Mahindra & Mahindra, specializes in manufacturing a diverse range of last mile mobility solutions, including electric, CNG, petrol, and diesel three and four-wheeler passenger and cargo vehicles. The company operates primarily in India and serves a wide array of clients, from individual drivers to small businesses and logistics companies. Mahindra Last Mile Mobility's product portfolio includes the electric Treo, Zor Grand, and e Alfa range, as well as the ICE vehicles Alfa three-wheeler and Jeeto four-wheeler. The business model revolves around the sale of these vehicles, with a strong emphasis on sustainability and cost-efficiency. Revenue is generated through direct sales, after-sales services, and maintenance packages. The company is recognized for its innovative approach to green transportation, aiming to reduce carbon footprints while providing reliable and efficient mobility solutions. Keywords: electric vehicles, three-wheelers, last mile mobility, cargo vehicles, passenger vehicles, sustainability, Mahindra, CNG, petrol, diesel.

Company overview

Mahindra Last Mile Mobility company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
1994
Headquarters
Bengaluru, India
Employees
1,471
Open positions
None listed
Dealroom signal
87.6
client focusb2bclient focusb2csub industryVehicle Productionbusiness modelManufacturingsectorHard TechindustryTransportation

Valuation & funding

Mahindra Last Mile Mobility funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Jul 2026 $44M $1.5B Lightrock · International Finance Corporation
CONVERTIBLEOther financing May 2023 $73M International Finance Corporation
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 1,471
2025 1,326
2024 1,144
2023 925
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Growth signals

Mahindra Last Mile Mobility website traffic

Latest recorded traffic for Mahindra Last Mile Mobility is 34K monthly website visits, down 62.6% over the last three months. Mahindra Last Mile Mobility's team grew 10.9% over the past year.

Latest monthly visits34K 3-month web change-62.6% 1-year team growth+10.9%
Monthly website visits41 observations · Mar 2023–Jul 2026
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Comparisons

Mahindra Last Mile Mobility compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Mahindra Last Mile Mobility's talent

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Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

2 investors on Mahindra Last Mile Mobility's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 1 investor entered at this stage
Series B+ 1 investor entered at this stage
Lightrock

Global footprint

Where Mahindra Last Mile Mobility has talent and traffic

Workforce by country
🇮🇳 India · Bengaluru HQ
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In the news

Latest news about Mahindra Last Mile Mobility

Recent press, funding announcements, and product moves mentioning Mahindra Last Mile Mobility — open to read from the original sources.

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Market sentiment

What the market is saying about Mahindra Last Mile Mobility

An AI-synthesized read of the highest-engagement posts about Mahindra Last Mile Mobility on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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