Tech Company Financing Transactions
Magenta Mobility Funding Round
BP Ventures participated in a $11 million venture round for Magenta Mobility. This VC investment round was announced on 4/5/2023.
Transaction Overview
Company Name
Announced On
4/5/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
BP Ventures (Lead Investor)
Proceeds Purpose
This capital will support the company's market expansion into eight additional cities in the next two years. bp and Magenta Mobility will also collaborate on electric fleet management software.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Magenta House, D-285 TTC Industrial Area, Turbhe, Near Unite
Mumbai, Maharashtra, 400705
IN
Mumbai, Maharashtra, 400705
IN
Phone
Undisclosed
Website
Email Address
Overview
Magenta is an integrated clean energy and electric mobility solutions provider, specializing in building solutions that enables our clients to achieve sustainability goals
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maxson Lewis
Co-Founder
Darryl Dias
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We do our best to record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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