COMPANY INTELLIGENCE PROFILE
Hala Mobility India Private Limited
Hyderabad-based clean-tech mobility startup operating an EV-as-a-service platform for electric two-wheelers.
Business Overview
Hyderabad-based clean-tech mobility startup operating an EV-as-a-service platform for electric two-wheelers. Offers daily/weekly/monthly subscription rentals (from ~Rs 189/day), 3+ month leases, and financing-to-own for e-bikes, plus integrated EV, battery-swap and charging network and driver management. Serves gig/last-mile delivery fleets (partners named on site: Swiggy, Zomato, Zepto, Blinkit, BigBasket) and retail consumers. Operating cities: Hyderabad, Bengaluru, Chennai, Vizag, Vijayawada, Guntur. Reported fleet ~3,000 e-2Ws (Nov 2024), targeting 10,000 EVs. Founded 2019/2020. (Sources: halamobility.in, Inc42.)
Sector & Classification
Transport & logistics / mobility — EV two-wheeler rental, lease and subscription ("EV-as-a-service"). NIC 63030-class per CIN; described as ride-hailing/mobility. Exact NIC code not obtained.
Directors & Key Management
Directors — source notes
Registered directors (Falconebiz/Tofler): (1) Srikanth Reddy Kalakonda — DIN 08605753, director since incorporation 07 Nov 2019 (founder/CEO); (2) Snehith Reddy Meda — DIN 08527688, appointed 15 Jun 2021 (co-founder). Note: press (Inc42) also names Anand Pareek as a co-founder, but he is NOT listed as a registered director/DIN in registry sources — treat as founding team, not board. DINs sourced from Tofler; second-source confirmation partial.
GST Registrations
Company operates under PAN-based GSTINs (PAN AAFCH0996Q), reportedly 4 registrations across 4 states: Telangana/home 36AAFCH0996Q1ZT; Andhra Pradesh 37AAFCH0996Q1ZR; Karnataka 29AAFCH0996Q1ZO; Tamil Nadu 33AAFCH0996Q1ZZ (Tamil Nadu status ACTIVE per Pice). Home state Telangana (state code 36). Source: web search citing Pice/knowyourgst — single-source, individual GSTIN pages not directly opened; treat GSTIN digits as partial. Note trap: 36AAFCH0996Q1ZZ / 33AAFCH0996Q1ZZ suffix variants appear across sources; the AAFCH0996Q PAN root is consistent.
Financials
Standalone (MCA-filed, per Tofler/TheCompanyCheck). FY2024 (year ended 31 Mar 2024): Revenue Rs 11.85 Cr, up ~142% YoY (implies FY2023 revenue ~Rs 4.9 Cr). EBITDA, PAT/net profit, net worth and borrowings are paywalled — not obtained as exact figures. Tofler directional latest-year deltas (period to Mar 2025): Total Revenue +111.22%, EBITDA -8.98%, Net Profit +37.92%, Net worth +23.44%, Total Borrowings -2.35% (percentages only, absolute values locked). FY2023 EBITDA reportedly +2510% YoY (low base). Consolidated vs standalone: figures appear standalone. No audited absolute EBITDA/PAT/net worth obtained.
Funding History
Total raised ~$12.5M across ~10 rounds (Tracxn, per web search — round names/aggregate only). Latest: Nov 2024 Pre-Series A of Rs 51 Cr (~$6M), mix of debt and equity, to expand EV fleet and enter new cities. Investors named (Inc42): founders Srikanth Reddy & Snehith Reddy, Previa Health founder Phani Ramineni, Sarthy Angels, Bestvantage, plus HNIs/family offices. Recur Club also cited as a lender/investor (debt). Valuation not disclosed.
Loans & Charges
Secured borrowings via registered charges (TheCompanyCheck): Open charges total ~Rs 21.04 Cr; satisfied ~Rs 4.49 Cr. Named/dated charges: HDFC Bank Limited Rs 10.78 Cr (open, 10 Jun 2024); lender undisclosed Rs 7.10 Cr (open, 15 Oct 2025); Rs 1.12 Cr (open, 21 Jun 2025); Rs 2.05 Cr (open, 29 Jan 2025); Rs 0.50 Cr (satisfied, 14 Feb 2024). Single-source (TheCompanyCheck); lender names beyond HDFC not obtained.
Credit Ratings
None found — no CRISIL/ICRA/CARE rating disclosed on available sources.
Legal & Compliance
One matter found on Indian Kanoon: "Hala Mobility India Pvt Ltd vs Chief Managing Director, TSSPDCL" — Telangana High Court, 06 Feb 2024 (electricity/power distribution dispute, Justice Nagesh Bheemapaka). No other litigation obtained.
Competitive Landscape
EV two-wheeler rental / shared-mobility peers: Yulu (large, PE-backed, pan-India shared e-2W); Zypp Electric (large, delivery-focused EV fleet); Bounce Infinity (mid, e-scooter rental+OEM); Vogo (mid, scooter rental); Chargeup / Battery Smart (battery-swap adjacent); Freedo Rentals (Hero, mid). Hala sits small-to-mid scale, Hyderabad/South-India focused.
Frequently Asked Questions
What does Hala Mobility India Private Limited do?
Hyderabad-based clean-tech mobility startup operating an EV-as-a-service platform for electric two-wheelers.
What is the CIN of Hala Mobility India Private Limited?
Hala Mobility India Private Limited's Corporate Identification Number (CIN) is U63030TG2019PTC136678.
When was Hala Mobility India Private Limited incorporated?
Hala Mobility India Private Limited was incorporated on 07 November 2019 (Tofler + TheCompanyCheck agree). and is registered with RoC-Hyderabad (state: Telangana). TheCompanyCheck/Tofler..
Who are the directors of Hala Mobility India Private Limited?
Directors on record include Srikanth Reddy Kalakonda (DIN 08605753); Snehith Reddy Meda (DIN 08527688).
Where is Hala Mobility India Private Limited registered?
The registered office of Hala Mobility India Private Limited is at Plot No 32, Sy No 135, 1st Floor, Brindavan Colony, Gandipet Road, Narsingi, K.V. Rangareddy, Shankarpally, Telangana, India, 500075 (Tofler; TheCompanyCheck shows same, Hyderabad/Shankarpally)..
Information compiled from public registry and secondary sources (as of 2026-07-28). It may be incomplete or dated; verify independently before relying on it. Known gaps: Exact EBITDA/PAT/net worth/borrowings absolute figures (paywalled); shareholding percentages; exact NIC code; PAN not confirmed from a primary filing (derived from GSTIN); individual GSTIN pages not directly opened (single web-search source); charge lender names beyond HDFC; credit ratings.