When you step onto a bustling street in Chennai or Bangalore, you might spot a silent, electric vehicle weaving through the traffic, carrying packages for Amazon, Flipkart, or Blue Dart. Behind the wheel is not just a driver, but a participant in India’s electric mobility revolution-one that Fyn Mobility is determined to lead.
A Startup with a Vision
Fyn Mobility, born in Chennai and now rapidly expanding, is not your average tech startup. It’s an EV-as-a-Service (EVaaS) company, meaning it provides electric vehicles and the technology to power logistics and delivery fleets for some of the country’s biggest names. But for Fyn’s founders and team, it’s about much more than vehicles and data. It’s about transforming how cities move, breathe, and grow.
A Fresh Boost: $2.5 Million and Big Dreams
On May 17, 2025, Fyn Mobility announced a $2.5 million funding round led by renowned investor Vijay Kedia, Lloyd Balajadia of Lloyd Laboratories, and Swiggy CFO Rahul Bothra. This isn’t just a financial milestone-it’s a validation of Fyn’s mission and a springboard for their next chapter: global expansion.
With this capital, Fyn plans to:
- Expand its electric vehicle fleet (already over 1,000 strong, aiming for 10,000)
- Strengthen its technology stack for smarter, more efficient fleet management
- Enter new international markets, with Southeast Asia as the first stop
Changing Lives, One Ride at a Time
For Fyn’s team, every new vehicle on the road means a step closer to cleaner air and more sustainable cities. Their clients-drivers, logistics companies, and end customers-feel the impact in tangible ways:
- Drivers get access to reliable, fast-charging EVs, often running for up to 20 hours a day thanks to Fyn’s tech innovations.
- Logistics companies benefit from up to 20% lower costs, seamless fleet deployment, and real-time data insights that make operations smoother and more predictable.
- Communities witness quieter streets and less pollution, as each EV replaces a fossil-fueled vehicle.
A Human Touch in a Tech World
Visakh Sasikumar, Fyn’s founder and CEO, puts it simply: “We want to overcome the challenges arising from subsidy reductions and ensure better unit economics for our clients. By offering an EV in the ₹65,000 to ₹70,000 range, we believe we can provide a game-changing solution in the logistics market”.
This isn’t just about numbers. It’s about the delivery rider who spends less on fuel, the small business that can now afford a green fleet, and the city dweller who breathes a little easier.
On the Road to Global Impact
Fyn is already in talks for a $10 million funding round to fuel its international ambitions. The company’s approach-deploying fewer vehicles but maximizing their usage with smart scheduling and rapid charging-has set it apart in India’s crowded EV sector.
Their next goal: take this Indian innovation to the world, starting with Southeast Asia, where the need for affordable, sustainable logistics solutions is just as urgent.
A Brighter, Greener Tomorrow
Fyn Mobility’s journey is a reminder that innovation isn’t just about technology-it’s about people. It’s about the driver who gets home earlier, the entrepreneur who grows her business, and the city that becomes a little more livable.
With $2.5 million in fresh backing and a mission to make green mobility accessible globally, Fyn Mobility is not just moving vehicles. It’s moving lives, one electric mile at a time.
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Junior Glenn
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