Mahindra Last Mile Mobility hits unicorn valuation after ₹322 crore Lightrock-led round

Mahindra Last Mile Mobility has raised ₹322 crore in a Lightrock-led funding round, taking its valuation to ₹10,822 crore and making the Mahindra Group electric three-wheeler business a unicorn.

— Filed Fri, 31 Jul, 2026, 06:47 IST · Source The Hindu BusinessLine · Updated

Mahindra Last Mile Mobility raised ₹322 crore in a Lightrock-led funding round, reaching unicorn status at a valuation of ₹10,822 crore.

Why this matters

The round follows recent signals reporting Mahindra Last Mile Mobility's ₹322 crore raise and ₹10,822 crore unicorn valuation, reinforcing the electric three-wheeler business's funding milestone.

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