Magenta (Logistics) Overview
- Year Founded
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2017
- Status
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Private
- Employees
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370
- Latest Deal Type
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Later Stage VC
- Investors
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11
Magenta (Logistics) General Information
Description
Developer of an electric mobility platform focused on decarbonizing logistics and assisting delivery services. The company's platform offers AI-driven fleet management and IoT-enabled data analytics to optimize logistics, which reduces emissions and improves efficiency, enabling businesses to have sustainable and environmentally friendly transportation options.
Contact Information
Website
www.magentamobility.comCorporate Office
- Magenta House, Plot Number D-285, MIDC
- TTC Industrial Area, Turbhe, Near Unitech Motors
- Navi Mumbai, Maharashtra 400705
- India
Corporate Office
- Magenta House, Plot Number D-285, MIDC
- TTC Industrial Area, Turbhe, Near Unitech Motors
- Navi Mumbai, Maharashtra 400705
- India
Magenta (Logistics) Timeline
Magenta (Logistics) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC | 01-Feb-2026 | Completed | Generating Revenue | |||
| 10. Later Stage VC | 07-Mar-2025 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 8. Debt - General | 06-Sep-2023 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series A1) | 05-Apr-2023 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 18-Oct-2021 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 20-May-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 23-Apr-2021 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2019 | $155K | Completed | Generating Revenue | ||
| 2. Corporate | 01-Jan-2018 | $155K | Completed | Generating Revenue |
VC Exit Predictor
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Magenta (Logistics) Comparisons
Industry
Financing
Details
Magenta (Logistics) Competitors (3)
One of Magenta (Logistics)’s 3 competitors is Euler Motors, a Venture Capital-Backed company based in New Delhi, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Euler Motors | Venture Capital-Backed | New Delhi, India | ||||
| GT Get Taxi Systems | Private Equity-Backed | London, United Kingdom | ||||
| Altigreen | Venture Capital-Backed | Bengaluru, India |
Magenta (Logistics) Patents
Magenta (Logistics) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| FR-3163683-A1 | Opening monitoring system | Pending | 21-Jun-2024 | ||
| FR-3109872-A1 | Removable separation device for a table | Inactive | 07-May-2020 | ||
| FR-3077317-A1 | Modular habitable volume | Active | 01-Feb-2018 | ||
| EP-3746614-A1 | Modular inhabitable space | Active | 01-Feb-2018 | ||
| EP-3746614-B1 | Modular inhabitable space | Active | 01-Feb-2018 | E04H1/005 |
Magenta (Logistics) Signals
Magenta (Logistics) Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Drs Kiran & Pallavi Patel Family Foundation | Family Office | Minority | ||
| BP Ventures (London) | Corporate Venture Capital | Minority | ||
| Morgan Stanley Infrastructure Partners | Infrastructure | Minority | ||
| HP Udgam | Accelerator/Incubator | |||
| LVX | VC-Backed Company | Minority |
Magenta (Logistics) FAQs
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When was Magenta (Logistics) founded?
Magenta (Logistics) was founded in 2017.
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Where is Magenta (Logistics) headquartered?
Magenta (Logistics) is headquartered in Navi Mumbai, India.
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What is the size of Magenta (Logistics)?
Magenta (Logistics) has 370 total employees.
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What industry is Magenta (Logistics) in?
Magenta (Logistics)’s primary industry is Logistics.
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Is Magenta (Logistics) a private or public company?
Magenta (Logistics) is a Private company.
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What is Magenta (Logistics)’s current revenue?
The current revenue for Magenta (Logistics) is .
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How much funding has Magenta (Logistics) raised over time?
Magenta (Logistics) has raised $51.5M.
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Who are Magenta (Logistics)’s investors?
Drs Kiran & Pallavi Patel Family Foundation, BP Ventures (London), Morgan Stanley Infrastructure Partners, HP Udgam, and LVX are 5 of 11 investors who have invested in Magenta (Logistics).
-
Who are Magenta (Logistics)’s competitors?
Euler Motors, GT Get Taxi Systems, and Altigreen are competitors of Magenta (Logistics).
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