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PMI Electro Mobility

PMI Electro Mobility

Private
IndiaMobility, Transportation & Logisticshttps://pmielectro.com/

Last Round

Strategic

Mar 18, 2026

Total Funding Raised

$60.22M

Company Overview

PMI Electro Mobility is an automotive company that manufactures and operates electric buses for public transportation in India.

Sector

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Public Transit, EV Charging, Clean Transportation, Energy Storage

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

electric buse-busEV charging infrastructuregross cost contractGCCelectric vehicle OEMpublic transportstate transport undertakingSTUturnkey mobility solutionsbus body buildingelectric vehicle componentsfleet maintenancesustainable transportB2G

Historical Pricing

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PMI Electro Mobility Comps

Public and private peers based on sector, stage, and business model.

PMI Electro Mobility comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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PMI Electro Mobility Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicMar 18, 2026
Private EquityFeb 14, 2025
Convertible DebtOct 25, 2023

Key People

Founding team and executive leadership

Aanchal Jain

Chief Executive Officer

Executive Team

Satish Jain

Chief Executive Officer

Executive Team

PMI Electro Mobility Investors

Notable investors and investment history

PMI Electro Mobility investors
InvestorRounds
Piramal AlternativesConvertible Debt
GruhasPrivate Equity
KKRStrategic

Market signals

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  • Oct 22, 2025

    Investing $136 million to establish a new e-bus manufacturing facility.

PMI Electro Mobility Filings

SEC and related filings with document metadata.

Data table
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PMI Electro Mobility Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersIndia
Employee Range478
Year Founded2017
Last FundingMar 18, 2026

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