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Funding · Mobility & Logistics

ZeroMobIt raises Rs 1.5 crore pre-seed funding

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Date
Company
ZeroMobIt
What it does
Student transport logistics platform
Kind
Funding
Amount
Rs 1.5 crore
Stage
pre-seed
Based in
Hyderabad
Founded
April 2024
Sector
Mobility & Logistics

What they do

ZeroMobIt provides safe and compliant student transport services using AI technology

What happened

The company raised Rs 1.5 crore led by JioMart CEO Sandeep Varaganti

Why it matters

Funds will expand operations to six major Indian cities starting from Hyderabad

The details

  • ZeroMobIt has raised Rs 1.5 crore in a pre-seed round of funding.
  • The investment was led by Sandeep Varaganti, who is the CEO of JioMart.
  • Dr. Ashok Agrawal, SVP at Axis Bank, participated in this funding round.
  • High-net-worth individuals also joined as participants in this initial investment.
  • The startup plans to use the funds for AI-native tech development.
  • Money will support operational expansion and infrastructure roadmap building across India.
  • Founders aim to build decentralised intelligence layers using Edge AI technology.
  • The company targets expansion into six major educational hubs across the country.

The bigger picture

  • The funding highlights investor confidence in compliant student mobility solutions.
  • Edge AI focus addresses critical needs for real-time safety monitoring.
  • Expansion targets include key cities like Bengaluru and Mumbai.

About the business

  • ZeroMobIt operates as a student mobility startup focused on transport.
  • The platform ensures compliant, safe, and reliable student transport services.
  • It uses an AI-native architecture for structured operations and ecosystem design.
  • The business model prioritizes compliance-first student mobility management.
  • Features include mobility logistics, safety tracking, and subscription services.
  • The app supports discovery, tracking, and subscription for students.
  • ZeroMobIt has completed 3.4 lakh trips since its inception.
  • It maintains a 100% compliance rate across its operations.
  • The fleet supply currently numbers over 3,000 vehicles.

What happens next

  • Accelerate AI-native tech development and core architecture systems.
  • Expand operations to major educational hubs across India.
  • Deploy Edge AI for real-time safety and route optimization.
  • Build interoperable Digital Public Infrastructure for student life.
  • Target cities including Hyderabad, Bengaluru, Vijayawada, Vishakhapatnam, Chennai, and Mumbai.

The deal

Type
pre-seed

Investors

  • Sandeep Varaganti (lead) — CEO of JioMart.
  • Dr. Ashok Agrawal (co-lead) — SVP at Axis Bank.

Founders

  • Vijay Ganagam, CEO and Co-Founder
  • Alfred Lazarus, CVO and Co-Founder

About ZeroMobIt

Product
Student mobility platform with logistics, safety, discovery, tracking, and subscription services
Customers
Educational institutions and students requiring compliant, safe, and reliable mobility
How it makes money
B2B2C subscription model with educational institution partnerships
What sets it apart
AI-native architecture with edge AI for real-time safety monitoring and route optimization

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