Astranova Moblity
Astranova Mobility (formerly Electrifi Mobility) is a Gurugram-based full-stack EV asset management and leasing platform that supplies electric 2W, 3W, LCVs, passenger cars, charging, and batteries to commercial fleet operators in India, complemented by financing, maintenance, refurbishment, and energy services.
- Company typePrivate
- Founded2023
- HeadquartersGurugram, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Astranova Moblity does
Astranova Mobility (formerly Electrifi Mobility) is a Gurugram-based full-stack EV asset management and leasing company that helps commercial fleet operators in India transition to electric vehicles. The company operates a unified platform spanning six asset categories (electric 2-wheelers, 3-wheelers, light commercial vehicles, passenger cars, charging infrastructure, and batteries) and six integrated service modules: discovery and distribution, financing and leasing, annual maintenance contracts (AMC), refurbishment and redeployment, a proprietary tech and data stack, and energy solutions via partner charging and swap networks. The proprietary testing and assessment methodology, combined with state-of-the-art refurbishment capabilities allowing certified renewed vehicles with warranty on lease, forms the technical core of the platform.
The business model is asset-light in origination but capital-intensive in deployment. Astranova partners with OEMs (notably OSM) to source vehicles, lease partners and financial institutions (10+ finance partners) to underwrite the fleet, and charging/swap operators (Statiq, VoltUp, TriEv) to deliver energy solutions. Revenue streams are predominantly recurring/subscription: customized operating leases, financing solutions, AMC plans across multiple tiers, refurbished asset leasing, and energy packages. Pricing is quote-based and not publicly disclosed, with solutions tailored per fleet operator through a consultative B2B sales motion.
The company reports ₹350Cr+ in assets under management, 25,000+ assets deployed, and 60+ fleets transformed across logistics and delivery (Shadowfax), e-commerce (Udaan, Zypp), food delivery (Blue Tokai, SleepyOwl, Mukunda), furniture (Furlenco), fashion/retail (FabAlley), and energy (Sheru, Magenta). It is privately held and backed by IVY Cap Ventures, AdvantEdge, ADB Ventures, and Trucks.vc. The company operates exclusively in India.
Astranova Moblity firmographics
Firmographics- Name
- Astranova Moblity
- Legal name
- Astranova Mobility
- Website
- https://astranovamobility.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Astranova Mobility (formerly Electrifi Mobility) is a Gurugram-based full-stack EV asset management and leasing platform that supplies electric 2W, 3W, LCVs, passenger cars, charging, and batteries to commercial fleet operators in India, complemented by financing, maintenance, refurbishment, and energy services.
- Ownership category
- akta.pro rank
Astranova Moblity industry classification
Industry- Product category
- Commercial EV Fleet Leasing and Asset Management
- NAICS
- Automotive Equipment Rental and Leasing (5321), Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (53212), Passenger Car Rental (532111)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- EV Fleet Leasing & Fleet Management (EV-Focused) (THADANAI)
- akta.pro secondary industry
- EV Passenger Vehicle Leasing (Cars/SUVs) (TLABAAAH)
Keywords
Where Astranova Moblity is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Astranova Moblity business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Operating Leases: Customized operating leases for EV assets enabling fleet operators to lease vehicles rather than purchase
- Financing Solutions: Customized financing and leasing solutions enabling fleet businesses to build operations
- Annual Maintenance Contracts (AMC): AMC plans with multiple packages including premium offerings with guaranteed TAT and uptime
- Refurbished Asset Leasing: Lease of certified renewed vehicles with warranty to increase customer ROI
- Energy Solutions: Customized energy packages through partner swapping networks and CPO networks
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Astranova Moblity product offering
Product offeringCore offering
Astranova Mobility is a full-stack EV asset management and leasing company that provides commercial fleet operators with electric vehicles (2-wheelers, 3-wheelers, LCVs, passenger cars, charging infrastructure, batteries) on customised operating leases and financing solutions. It bundles these assets with Annual Maintenance Contracts, certified refurbished vehicle leasing, a proprietary tech and data platform, and partner-enabled energy (battery swap and CPO) packages to enable end-to-end fleet electrification.
Product overview
Astranova Mobility (formerly Electrifi Mobility) is a full-stack EV asset management and leasing company that helps commercial fleets electrify. The company operates a unified platform approach with six electric vehicle asset categories (Electric 2 Wheelers, Electric 3 Wheelers, Electric LCVs, EV Passenger Cars, Charging Infrastructure, and Batteries) complemented by six integrated service modules (Discovery and Distribution, Financing and Leasing Solutions, Maintenance and Service/AMC Plans, Refurbishment and Redeployment, Tech and Data Platforms, and Energy Solutions). The ecosystem enables end-to-end fleet electrification from asset procurement through financing, maintenance, refurbishment, and lifecycle management.
Differentiator
Problem solved
Functional benefit
Products and services
- Financing and Leasing Solutions Customised operating leases and financing solutions that enable commercial fleet operators to deploy EV assets without upfront capital outlay and build their EV business the way they want to. Targeted at commercial fleet operators in India.
- Maintenance and Service (AMC Plans) Annual Maintenance Contract plans with multiple package tiers, including premium offerings with guaranteed turnaround time and uptime, to keep fleet EVs running every day. Targeted at commercial fleet operators.
- Refurbishment and Redeployment State-of-the-art refurbishment service that produces certified renewed vehicles with warranty, available on lease, enabling fleet operators to run their business more profitably using refurbished EV assets.
- Energy Solutions Customised energy packages with best-in-class rates delivered through partner battery swapping networks and CPO (Charging Point Operator) networks, enabling fleet operators to manage fleet energy needs.
- Discovery and Distribution Services Proprietary testing and assessment approach combined with consultative advisory to help fleet operators select the right EV products from quality OEMs at the right price, with an option for refurbished assets with guaranteed uptime.
- Electric 2 Wheelers Electric two-wheeler assets supplied to fleet operators, primarily for last-mile delivery and urban mobility electrification in India.
- Electric 3 Wheelers Electric three-wheeler assets supplied to fleet operators for cargo and passenger transport in urban Indian environments.
- Electric LCVs Electric Light Commercial Vehicle assets supplied to fleet operators for intra-city logistics and distribution.
- EV Passenger Cars Electric passenger vehicle assets supplied for commercial fleet deployment, supporting employee transportation and ride-hailing operations.
- Charging Infrastructure Assets EV charging infrastructure assets, including battery swapping networks and CPO networks, supplied as part of fleet energy solutions.
- Battery Assets Battery assets supplied for electric vehicles, supporting fleet operations with energy storage solutions.
Quantifiable outcome
- 25,000+ assets deployed
- +4 more outcomes
Companies that use Astranova Moblity
Customer profileNamed customers10 records
Segments2 records
Ideal customer profiles3 records
Astranova Moblity technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Astranova Moblity partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- OSMcoreElectric vehicle OEM partner providing vehicles for fleet operations
- ShadowfaxcoreFleet operator partner using EV assets for logistics and delivery operations
- Tyres N MoreminorService partner for vehicle maintenance and tyres
- ZyppcoreFleet operator partner using EV assets for e-commerce delivery operations
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Astranova Moblity competitors and assessment
Company assessmentDirect peers
- Yulu: Provides electric two-wheeler shared mobility and micro-mobility services for delivery and commuters in India. Comparable in EV fleet asset management and last-mile use cases.
- Lithium Urban Technologies: India's largest corporate EV fleet operator, providing end-to-end electric mobility services to enterprises. Direct competitor in B2B fleet electrification with similar customer profile.
- Sun Mobility: India's leading EV battery swapping and energy infrastructure provider, serving commercial fleets with asset-light energy solutions. Highly comparable to Astranova's energy solutions layer and overall EV fleet electrification focus.
- RevFin: Digital financing platform for EV three-wheelers and commercial vehicles in India, offering lease and loan products. Directly competes with Astranova's financing and leasing solutions.
- SmartE: Operates electric mobility services for last-mile delivery in Indian cities, managing EV fleets on behalf of operators. Directly competes with Astranova's commercial fleet electrification offering.
- Bounce Infinity: India-based EV scooter rental and battery swapping platform targeting consumers and delivery riders. Overlaps with Astranova's electric two-wheeler asset category and commercial fleet focus.
Broad incumbents
- Piaggio Vehicles: Established Indian manufacturer of three-wheelers and small commercial vehicles (including EVs). Comparable in EV 3W/LCV asset category and serves overlapping fleet customers, though as an OEM rather than lessor.
Emerging players
- BluWheelz: Provides electric vehicle logistics and fleet management solutions for e-commerce and last-mile delivery in India. Comparable target customer and use case to Astranova's logistics fleets.
- Euler Motors: Electric three-wheeler and light commercial vehicle manufacturer serving commercial fleets in India. Comparable asset category (EV 3W/LCV) and customer base; potentially an OEM partner competing for fleet wallet share.
- Chargeup: Provides battery swapping and charging infrastructure for electric two- and three-wheelers in India. Comparable in EV energy solutions and fleet electrification ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Astranova Moblity social profiles
Digital presenceAstranova Moblity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Astranova Moblity leadership team
Management profileNumber of profiles
Astranova Moblity funding detail
Funding detailFunding overview
Funding rounds3 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Astranova Moblity 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 Astranova Moblity
What does Astranova Moblity do?
Astranova Mobility is a full-stack EV asset management and leasing company that provides commercial fleet operators with electric vehicles (2-wheelers, 3-wheelers, LCVs, passenger cars, charging infrastructure, batteries) on customised operating leases and financing solutions. It bundles these assets with Annual Maintenance Contracts, certified refurbished vehicle leasing, a proprietary tech and data platform, and partner-enabled energy (battery swap and CPO) packages to enable end-to-end fleet electrification.
Is Astranova Moblity a public or private company?
Astranova Moblity is a private company. It is classified as venture growth investor backed and is currently operating.
When was Astranova Moblity founded?
Astranova Moblity was founded in 2023. It employs 11 to 50 people.
Where is Astranova Moblity based?
Astranova Moblity is headquartered in Gurugram, India, in the Asia region.
How does Astranova Moblity make money?
Five revenue lines are on record. Operating Leases are the primary driver. The others are financing Solutions, annual Maintenance Contracts (AMC), refurbished Asset Leasing and energy Solutions.
Who are Astranova Moblity's main competitors?
Direct peers on record are Yulu, Lithium Urban Technologies, Sun Mobility, RevFin, SmartE and Bounce Infinity. Piaggio Vehicles is listed as a broad incumbent. Emerging players are BluWheelz, Euler Motors and Chargeup.
Does Astranova Moblity have an API?
No public API is recorded for Astranova Moblity.
What industry is Astranova Moblity in?
Astranova Moblity's product category is Commercial EV Fleet Leasing and Asset Management. Its primary akta.pro industry code is THADANAI, EV Fleet Leasing & Fleet Management (EV-Focused), with a secondary code of TLABAAAH, EV Passenger Vehicle Leasing (Cars/SUVs). Its NAICS code is 5321 and its SIC code is 7510.