Top
Investment Team
SECTOR
Electric Mobility
SECTOR
Electric Mobility
Invested on
Jan 2023
Transaction Type
Minority
Magenta is one of India’s largest electric mobility providers for three wheel electric vehicles (EVs) across seven cities providing electrified last mile delivery logistics. The Company also operates 20+ charging and parking hubs in these cities. Magenta is working on an eco-system approach to provide solutions to all the stakeholders – customers, driver partners, original equipment manufacturers (OEMs) and financiers. The Company enters into B2B contracts with customers which include some of the large e-commerce, food and online delivery companies.
As of February 22, 2024. The above is provided for informational and educational purposes only. There is no guarantee that the investment mentioned resulted in positive performance (for realized holdings), or will perform well in the future (for current holdings). The trademarks and service marks above are the property of their respective owners. The information on this website has not been authorized, sponsored, or otherwise approved by such owners. By clicking on any links shown here, you agree that you are navigating to a third party site. We are providing these hyperlinks to you only as a convenience and the inclusion of any hyperlink is not and does not imply any endorsement, approval, investigation, verification or monitoring by us of any information contained in any hyperlinked site. In no event shall we be responsible for the information contained on the site or your use of such site
