PMI Electro funding, investors and company details

PMI Electro is an emerging Automobile - EV startup from New Delhi, working in the space of Offers e-mobility solutions. Founded by Satish Kumar Jain, Anurag Agarwal, Aanchal Jain.

Company: PMI Electro Mobility Solutions Private Limited
Sector: Automobile - EV
Location: New Delhi
Founders: Satish Kumar Jain, Anurag Agarwal, Aanchal Jain
Total funding raised: ₹250 Cr

Company overview

PMI Electro Mobility Solutions Private Limited was established in June 2017 with the vision of promoting emission-free passenger e-mobility solutions in India. The company was founded in response to the growing concerns over deteriorating air quality and the increasing levels of harmful emissions such as hydrocarbons and carbon monoxide in the environment. Recognizing the urgent need for cleaner and more sustainable transportation alternatives, PMI Electro Mobility focuses on developing and deploying electric mobility solutions for passenger transportation. The company aims to support the transition from conventional fuel-based vehicles to environmentally friendly electric vehicles, particularly in the public transportation sector.

Funding rounds

Latest round: ₹250.00 Cr. ($ 30.03 Mn), 2023-10-26. Investors: Piramal Alternatives