Magenta Mobility

India - Bengaluru, Karnataka

• 16/02/2023
• Series B
• $40,000,000

Integrated electric mobility, EV charging, and technology platform Magenta aims to revolutionize and aggregate the urban freight & transportation segment both for employee transport and last-mile deliveries across the country with its state-of-the-art technology-enabled vehicles.

With an existing fleet of more than 200 3-wheeler and 4-wheeler vehicles on the streets of Bengaluru, plans are afoot to take these integrated services across the country from a long-term perspective. Magenta Mobility’s current list of customers includes all the major e-commerce businesses such as Amazon, Flipkart, Bigbasket, Porter, and Udaan & similar for last mile clean mobility, while it has a strong relationship with the electric vehicle manufacturers such as Tata Motors, Mahindra Electric, Omega Seiki & Euler Motors, to further establish the versatility of the platform as a trusted partner for businesses to ensure sustainability & cost-effectiveness.

Magenta is developing an electric ecosystem both for employee transport and last-mile deliveries, for the e-Commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics companies. Magenta grounds itself in unmatched full-stack software technology and has implemented a connected Fleet Management System for its EV delivery & logistics services.

Magenta is a Series A funded company backed by HPCL and marquee investors such as JITO Angel Network, LetsVenture, and renowned Indian American philanthropist, Dr. Kiran Patel.

Related People

Maxson LewisFounder

India - Mumbai, Maharashtra

Frost & Sullivan 2019 Intelligent Mobility Solutions award.

Man of Innovation award 2019 by Electronics Maker.

Founder and Managing Director at Magenta

My professional experience of 20 years encompasses four areas - Automotive, Power Sector, Clean Energy Solutions and Management Consulting, which include the following:

Practice lead for Power & Project Management at Accenture Management Consulting. Led large and complex consulting assignments globally in capital projects, system design and implementation in the areas of power generation, transmission and distribution
Interacted and advised industry CXOs globally in the areas of power, utilities, mines, metals and infrastructure

Launched and set up the sales and distribution network for Bosch.

Product development and sales for Automotive industry at Saint Gobain

Coach to start ups and advisor to medium size enterprises

Author of several published research papers and articles in leading business newspapers

LinkedIn https://www.linkedin.com/in/maxsonlewis/?originalSubdomain=in