The 12 closest competitors and alternatives to Mahindra Last Mile Mobility among automotive companies — ranked by similarity to what Mahindra Last Mile Mobility actually does, not by market-cap band.
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Mahindra Last Mile Mobility Limited is an electric small commercial vehicle manufacturer and subsidiary of Mahindra & Mahindra, headquartered in Mumbai, India.
Mahindra Last Mile Mobility is an automotive company headquartered in India. It has raised at least $110.6M across the 2 funding rounds on record. Its most recent funding round raised $38.6M in July 2026. Xcout tracks 3 named people at Mahindra Last Mile Mobility, including DR. ANISH SHAH (Group CEO & MD, Mahindra Group).
At least $110.6M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| — | $38.6M | 4 named | |
| Series A | $72M | 3 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Mahindra Last Mile Mobility by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Automotive Manufacturing
SML Mahindra Limited is an enterprise primarily engaged in the global manufacturing and distribution of commercial vehicles and their associated components, serving markets both within India and internationally. Its extensive product range includes various types of transport solutions such as trucks, buses, and specialized vehicles designed for cargo, passenger conveyance, and particular applications. The company makes these products accessible to customers through its established network of distributors and dealers. Founded in 1983, the firm's main operational base is located in Chandigarh, India. It was historically known as SML Isuzu Limited, adopting its current name, SML Mahindra Limited, in October 2025. This rebranding followed its integration into Mahindra & Mahindra Limited, under which it began operating as a subsidiary on August 1, 2025 (while still known as SML Isuzu Limited).
Similar automotive company
Mahindra Automotive (Mahindra and Mahindra) is an Indian automobile manufacturing company headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest SUV manufacturers by production in India and the Mahindra Tractors subsidiary is the largest manufacturer of tractors in the world by volume. It was ranked 18th on a list of top companies in India by Fortune India 500 in 2025. Its major competitors in the Indian vehicular market include Maruti Suzuki and Tata Motors. Anish Shah is the curre
Similar automotive company
MLR Auto Limited is an Indian motor vehicle manufacturing company founded in 2009 and based in Telangana. The company specializes in producing electric three-wheelers, including L5 category vehicles for passenger and commercial use.
Similar automotive company
Mahindra Truck and Bus manufactures heavy and light commercial trucks and buses in India, providing a portal for dealer management and digital app support.
Similar automotive company
BGauss is an automotive brand under RR Global headquartered in Mumbai, Maharashtra, India, that designs and manufactures electric two-wheelers tailored for modern urban mobility.
Automotive Manufacturing
Force Motors Limited manufactures a wide range of commercial and passenger vehicles, including light commercial vehicles, multi-utility vehicles, passenger vans, school buses, ambulances, and off-road vehicles like the Gurkha. The company serves commercial transport sectors, schools, emergency services, and individual consumers with both traditional internal combustion engine vehicles and electric vehicle options.
Similar automotive company
Ola Electric Mobility Limited is an Indian electric vehicle manufacturer headquartered in Bengaluru, Karnataka. Founded in 2017, the company's mission is to transform mobility with smart, sustainable electric solutions.
Similar automotive company
Tata Motors Limited is a leading manufacturer specializing in commercial vehicles, offering a comprehensive range that includes utility vehicles, pickup trucks, heavy-duty trucks, and buses. The company's operations span India and South Korea, complemented by a substantial global footprint across Africa, the Middle East, Latin America, Southeast Asia, and the SAARC region. Established in 2024 and headquartered in Mumbai, India, the company was formerly recognized as TML Commercial Vehicles Limited before its rebranding to Tata Motors Limited in October 2025.
Automotive Manufacturing
Atul Auto Limited manufactures and supplies commercial three-wheeled vehicles for passenger and cargo transportation. The company designs vehicles to serve rural communities and global markets.
Similar automotive company
Azad India Mobility Limited manufactures electric buses and commercial vehicles, including luxury, school, airport tarmac, and special purpose buses for state transport units, OEMs, and private fleet operators. Additionally, the company provides EV ecosystem services such as workshop setup, charging infrastructure installation, maintenance, and technical documentation.
Similar automotive company
Wardwizard Innovations & Mobility Limited is India's first BSE-listed electric vehicle manufacturer, focused on building an innovative EV ancillary cluster and green ecosystem.
Similar automotive company
Revamp Moto is an Indian automotive and electric vehicle startup headquartered in Nashik, Maharashtra. The company specializes in building modular utility electric two-wheelers designed to empower micro-entrepreneurs, delivery workers, and commercial riders.
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