Funding · Mobility & Logistics
ZeroMobIt raises Rs 1.5 crore pre-seed funding
By Startup Enthusiast ·
- 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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