PE-VC Fund Investments
Last-mile logistics-focused EV startup Pluto raises $2-M led by Version One Ventures
Gurugram-based Pluto Mobility has raised USD 2 million in a seed funding round led by Version One Ventures, with participation from Grad Capital, founders and senior executives of Delhivery, OfBusiness, Pixxel, and Boom Supersonic.Founded in 2024 by Akshat Bhatia and Himanshu Panda, Pluto Mobility is engaged in building electric vehicles designed for last-mile logistics. It is developing scooter-sized, fully covered electric delivery vehicles intended for operation in harsh weather and capable of carrying twice the number of orders compared to a standard two-wheeler.The fresh funding will be used by the company to strengthen engineering and product development, expand the team, and initiate pilot deployments in key urban markets.
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