Edelweiss Financial Services advised Magenta Mobility in the fundraise from private equity investors

Magenta Mobility is amongst the largest providers of electric mobility solutions for last mile delivery. The company specializes in the electrification of logistics and last-mile delivery – the journey from a distribution centre to a home or business. Magenta Mobility has a presence across seven major cities with 750+ fleet and 35 +charging hubs. The company applies an eco-system approach to provide solutions to all – customers, driver partners, OEMs and financiers. The company plans to expand their fleet to 4,000 3 & 4 wheelers EVs across the country over the next year.

Edelweiss Financial Services has successfully closed a transaction of INR 1,760 mn (c.US$ 22mn) as the Exclusive Sell-Side Advisor to Magenta Mobility for the Private Equity Fund Raise (Series A1).

Edelweiss Financial Services

Advised in the sale of

Magenta Mobility


Private equity investors

Transportation and Logistics

MidCap Alliance