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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

Momentum

Top 10%

of companies Caplight tracks

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

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Caplight Momentum Score

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PMI Electro Mobility Comparables

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PMI Electro Mobility comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Olectra Greentech Limited
88%
Tata Motors Ltd
85%
EKA Mobility
82%

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
Authum Investment and InfrastructurePrivate Equity
GruhasPrivate Equity
KKRStrategic

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 24, 2026

    Monthly visitors increased 94% MoM, reaching 12.2K.

  • Mar 18, 2026

    $310M round led by KKR.

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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