Flomobility Pvt. Ltd.

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Flomobility Pvt. Ltd. - overview

Established

2020

Location

Bangalore, Karnataka, India

Primary Industry

Automobiles, Other Vehicles & Parts

About

Flo Mobility Pvt. Ltd. , based in Bangalore, India, specializes in robotics solutions for material handling and lawn maintenance, enhancing operational efficiency through automation and innovative technology. Founded in 2020, Flo Mobility Pvt.


Ltd. focuses on developing robotic solutions that automate logistics and lawn care. The company has successfully completed 2 deals, with the most recent funding round occurring in December 2024. The founders, Angad Singi, Manesh Jain, and Mohan Sivam, established the firm, and Manesh Jain currently serves as CEO.


The company raised INR 31. 880 mn in a Seed funding round from investors including Blume Ventures and Dev Accelerator, bringing the total amount raised to INR 31. 880 mn and achieving a current valuation of INR 247. 035 mn.


Flo Mobility specializes in innovative robotics solutions designed for material handling and lawn maintenance. Their flagship products include the Material Movement Bot, which automates logistics with advanced sensors and autonomous navigation, enhancing workflow efficiency. The lawn mowing robot serves as a user-friendly alternative to traditional lawn care, ensuring safety and precision. Additionally, their wall finishing robot performs sanding and putty tasks with high accuracy, catering to the construction and landscaping industries across North America, Europe, and select regions in Asia.


In the most recent fiscal year 2023, Flo Mobility reported a revenue of INR 26,463. 5 mn, with an EBITDA of -INR 153,498. 3 mn. Looking ahead, Flo Mobility plans to leverage its recent funding raised in December 2024 to enhance its product portfolio for construction automation and expand into international markets.


The company aims to hire additional talent to support these initiatives, targeting new geographic regions for growth. This strategic investment will facilitate the development and launch of new products aligned with their business objectives. In May 2026, Flomobility Pvt. Ltd.


raised USD 2. 5 million in pre-series A funding co-led by Arali Ventures and Mela Ventures. The company will use the funding to scale manufacturing, improve its artificial intelligence systems, expand deployments across construction sites, and enter new markets.


Current Investors

Blume Ventures, LVX, Venture Garage

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.flomobility.com

Verticals

Artificial Intelligence, Manufacturing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Flomobility Pvt. Ltd. - timeline of key events

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Flomobility Pvt. Ltd. - financials

Fiscal Year EndedMar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)(22,060)---
Operating Income (USD)(33,969)---
Operating Margin----
% EBITDA Margin----
NET Income (USD)(33,981)---
% Net Margin----

Flomobility Pvt. Ltd. - employee data

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