Fyn
- Company typePrivate
- Founded2013
- HeadquartersBengaluru, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
Fyn firmographics
Firmographics- Name
- Fyn
- Legal name
- Pi beam labs pvt. Ltd.
- Website
- https://fynmobility.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Fyn industry classification
Industry- Product category
- EV Last-Mile Logistics Services
- NAICS
- Automotive Equipment Rental and Leasing (5321), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Couriers and Express Delivery Services (4921)
- SIC
- Transportation Services (4700), Services-Auto Rental & Leasing (No Drivers) (7510), Trucking & Courier Services (No Air) (4210)
- akta.pro primary industry
- Last-Mile & Delivery Fleet Rental/Leasing (Vans, Box Trucks, Cargo Bikes) (TLABAHAG)
- akta.pro secondary industries
- Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles) (TLABAHAI), Managed EV Charging Software (Residential, Fleet, Workplace) (EUAFAMAA)
Keywords
Where Fyn is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Fyn business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- EV-as-a-Service Leasing: Fyn leases EVs along with drivers and tech support to businesses, providing end-to-end solutions where businesses don't need to worry about maintenance, charging, or drivers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom B2B EV-as-a-Service solutions tailored to specific requirements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Fyn product offering
Product offeringCore offering
Fyn provides EV-as-a-Service to businesses, leasing a fleet of electric vehicles (high-speed and mid-speed two-wheelers, high-speed three-wheelers, and L5 three-wheelers) along with drivers and tech support for last-mile delivery operations. The company manufactures its own EVs and bundles them with proprietary data-driven analytics, 15-minute fast-charging technology, and EV financing under multi-year B2B contracts, primarily serving e-commerce, food delivery, and logistics enterprises across Indian cities.
Product overview
Fyn is a vertically integrated EV ecosystem platform for EV logistics, financing, manufacturing, and more. The core offering is EV-as-a-Service, an end-to-end solution that provides businesses with electric vehicles, drivers, and tech support. The product portfolio includes High Speed and Mid Speed Two-Wheelers for quick commerce and last-mile delivery, along with High Speed and L5 Three-Wheelers for bulk logistics operations. Supporting modules include data-driven analytics for operational optimization and EV financing services. All offerings are designed for the Indian market with a focus on sustainability and carbon footprint reduction.
Differentiator
Problem solved
Functional benefit
Products and services
- EV-as-a-Service End-to-end electric vehicle leasing solution that provides businesses with EVs, drivers, and tech support for last-mile logistics operations under multi-year B2B contracts.
- High Speed Two-Wheeler (EV) Electric two-wheeler designed for quick commerce and last-mile delivery with top speed of 45 kmph, range of 70-100 km, and payload of 160 kg, built for Indian operating conditions.
- Mid Speed Two-Wheeler (EV) Electric two-wheeler for last-mile delivery operations with top speed of 45 kmph, range of 70-100 km, and payload capacity of 160 kg.
- High Speed Three-Wheeler (EV) Electric three-wheeler logistics solution with top speed of 55 kmph, range of 100-150 km, and payload of 550 kg, designed for bulk deliveries in Indian conditions.
- L5 Three-Wheeler (EV) Electric L5-category three-wheeler designed for commercial logistics operations with specifications suited for Indian last-mile delivery conditions.
- EV Financing Financial solutions supporting the EV ecosystem for businesses adopting electric vehicles for logistics operations, offered alongside Fyn's EV-as-a-Service and vehicle offerings.
Quantifiable outcome
- 435,260 operational hours completed
- +3 more outcomes
Companies that use Fyn
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Fyn technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Fyn partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Euler MotorscorePartnership to deploy 2,000 fast-charging hiload electric three-wheelers. Euler Motors is a key EV technology partner for Fyn's fleet expansion.
- AltigreencoreTechnology partner providing EV components and solutions for Fyn's fleet
- Mahindra ElectriccoreMajor EV technology partner providing vehicle technology
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Fyn competitors and assessment
Company assessmentBroad incumbents
- Gogoro: Taiwan-based EV two-wheeler OEM and battery-swapping network operator with B2B fleet partnerships across Asia. Gogoro is comparable in business model (EV + battery-as-a-service) and in last-mile delivery use cases relevant to Fyn.
- Mahindra Electric: Major Indian OEM with electric three- and four-wheeler offerings for commercial and last-mile applications. Mahindra is a technology partner of Fyn while also being a much larger incumbent that could expand into fleet leasing.
- Piaggio Vehicles (Piaggio Commercial): Indian subsidiary of Piaggio producing electric and ICE three-wheelers for cargo and last-mile commercial fleets. Piaggio competes with Fyn's fleet offerings via dealer/lease arrangements to the same enterprise customers.
Direct peers
- Bounce Infinity: India-based electric scooter rental and shared mobility platform with B2B fleet offerings for delivery use cases. Bounce overlaps directly with Fyn's micro-mobility fleet subscription business.
- Yulu: Indian shared electric mobility operator providing e-bikes and e-scooters for delivery and B2B logistics. Yulu competes with Fyn in EV-based last-mile mobility and fleet subscriptions.
- Zypp Electric: India's leading EV-as-a-Service last-mile delivery platform operating two- and three-wheeler fleets for e-commerce and food delivery customers. Zypp is Fyn's most direct competitor with a similar asset-light rental-plus-driver model.
- VOGO Automotive: India-based scooter rental and shared mobility provider with B2B fleet operations serving delivery and commute use cases. VOGO is comparable to Fyn in micro-mobility fleet subscription and last-mile mobility.
Emerging players
- Euler Motors: Indian electric three-wheeler manufacturer focused on commercial cargo vehicles. Euler is both a technology partner and supplier to Fyn's deployment of 2,000 hi-load EVs, and an adjacent emerging competitor in the same EV logistics segment.
- Sun Mobility: India-based provider of EV battery-swapping and energy infrastructure for two- and three-wheelers with B2B fleet customers. Sun Mobility is comparable to Fyn's EV-as-a-Service approach via its battery-as-a-Service layer.
- Altigreen Propulsion Labs: Indian manufacturer of electric cargo three-wheelers for last-mile delivery. Altigreen is a technology partner of Fyn but also sells competing EV fleet solutions into the same customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Fyn social profiles
Digital presenceFyn financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fyn leadership team
Management profileNumber of profiles
Profiles13 records
Fyn funding detail
Funding detailFunding overview
Funding rounds2 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fyn M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fyn
What does Fyn do?
Fyn provides EV-as-a-Service to businesses, leasing a fleet of electric vehicles (high-speed and mid-speed two-wheelers, high-speed three-wheelers, and L5 three-wheelers) along with drivers and tech support for last-mile delivery operations. The company manufactures its own EVs and bundles them with proprietary data-driven analytics, 15-minute fast-charging technology, and EV financing under multi-year B2B contracts, primarily serving e-commerce, food delivery, and logistics enterprises across Indian cities.
Is Fyn a public or private company?
Fyn is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fyn founded?
Fyn was founded in 2013. It employs 101 to 250 people.
Where is Fyn based?
Fyn is headquartered in Bengaluru, India, in the Asia region.
How does Fyn make money?
One revenue line is on record: EV-as-a-Service Leasing.
Who are Fyn's main competitors?
Broad incumbents on record are Gogoro, Mahindra Electric and Piaggio Vehicles (Piaggio Commercial). Direct peers are Bounce Infinity, Yulu, Zypp Electric and VOGO Automotive. Emerging players are Euler Motors, Sun Mobility and Altigreen Propulsion Labs.
Does Fyn have an API?
No public API is recorded for Fyn.
What industry is Fyn in?
Fyn's product category is EV Last-Mile Logistics Services. Its primary akta.pro industry code is TLABAHAG, Last-Mile & Delivery Fleet Rental/Leasing (Vans, Box Trucks, Cargo Bikes), with a secondary code of TLABAHAI, Micro-Mobility & Two-/Three-Wheeler Fleet Leasing/Subscription (E-bikes, E-scooters, E-motorcycles). Its NAICS code is 5321 and its SIC code is 4700.