COMPANY PROFILE

SmartE

SmartE is India’s first and largest electric mobility service, offering first & last mile connectivity to tens of thousands of commuters every day

IndiaFounded 2015Transportation

Valuation $50–100M Last recorded · 2019

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About SmartE

SmartE, founded in 2015, is India's first and largest electric mobility service, providing environmentally sustainable solutions for first and last mile transportation in urban areas. The company serves tens of thousands of commuters daily, offering shared, affordable, and convenient rides in all-electric vehicles. SmartE leverages advanced technology and innovative solutions through its mobile platform to ensure the most convenient, transparent, and economical short-distance travel experience. The business model focuses on providing economical pricing starting at Rs. 10, making it accessible to a broad range of users. SmartE has completed over 65 million rides in the past five years and has introduced features like solo rides to enhance user safety during the COVID-19 pandemic. The company also offers a last-mile delivery service, utilizing an all-electric fleet and well-trained delivery professionals. SmartE generates revenue through ride fares and delivery service fees, positioning itself as a key player in the electric mobility market.

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At a glance

Status: Operational
Founded: 2015
Headquarters: India
Employees: 32
Open positions: None listed
Dealroom signal: 70.6/100
Industry: Energy, Transportation
Sector: Transportation, Hard Tech
Links: Website LinkedIn

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES B✓Equity / VC	Jul 2019	$15M	$58M	Mitsui Global Investment	—
SERIES AEquity / VC	Feb 2017	$5M	$20M	Undisclosed	—

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Growth signals

SmartE website traffic

Latest recorded traffic for SmartE is 1.1K monthly website visits, up 107.5% over the last three months. SmartE's team grew 0% over the past year.

Latest monthly visits1.1K 3-month web change+107.5% 1-year team growth0%

Monthly website visitsDec 2018–Jul 2026

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