Angel Investments
E-commerce focused EV startup Hala Mobility attracts Rs.51-Cr
Hyderabad-based EV startup Hala Mobility has attracted INR 51 crore in a pre-Series A funding round from Previa Health founder Phani Ramineni, with participation from Rohan Bajaj syndicate via Invstt, Sarthy Angels, Bestvantage, and a network of HNIs (high-net-worth individuals) and family offices. The newly raised funds will be used to expand to new cities such as Bengaluru, Chennai, Vizag, Vijayawada, and Guntur.Founded in 2020 by Srikanth Reddy, Snehith Reddy Meda, Anand Pareek, Hala Mobility provides an EV-as-a-service platform for e-commerce companies and gig workers, with an app for EV, battery, and driver management.
In May 2022, Hala Mobility had raised about USD 1 M from Magnifiq.
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