Company Intelligence Profile
Mooving Smart Mobility and Energy Private Limited
Mooving operates India's smart battery-swapping and battery-subscription (Battery-as-a-Service) network for electric two-wheelers and three-wheelers, and increasingly cargo EVs.
Last updated 4 September 2026
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Company Identity
| Registered name | MOOVING SMART MOBILITY AND ENERGY PRIVATE LIMITED |
|---|---|
| CIN | U31100DL2010PTC198278 |
| PAN | Not available in the public sources reviewed. |
| Status | Active, Compliant |
| Listing | Unlisted |
| Incorporated | 21 January 2010 |
| ROC | RoC-Delhi |
| Sector (NIC) |
|
| Registered address | WZ-106/101, Rajouri Garden Extension, West Delhi, New Delhi, Delhi, India – 110027 |
| Authorized capital | ₹10.00 Crore |
| Paid-up capital | ₹7.90 Crore |
Business Overview
- Mooving operates India's smart battery-swapping and battery-subscription (Battery-as-a-Service) network for electric two-wheelers and three-wheelers, and increasingly cargo EVs
- Per the company's own site (mooving.com), it runs 900+ automated swap stations across 35+ cities; per third-party company-data sources, its network serves 10,000+ vehicles across 25 cities since 2020 (figures differ by source/date — company site is more recent)
- Co-founded by Rakesh Malhotra (Founder, SAR Group) and Tanvir Singh (ex-founder, Solar Cube India)
- The company partnered with Hindustan Petroleum Corporation Limited (HPCL) in 2024 to deploy automated swap stations at 22,000+ HPCL retail outlets
- DPIIT-recognized startup
- Tagline: "EV Made Easy."
Directors
Board per TheCompanyCheck (DINs not obtained — not provided by any source checked): Paresh Chandra Pradhan (appointed 30 Jul 2021), Navneet Kapoor (appointed 20 Mar 2017), Tanvir Singh (appointed 30 Jul 2021, co-founder), Kamakshi Malhotra (appointed 30 Mar 2023), Ajay Kumar Goswami (appointed 04 May 2010). A separate search result also named Vinod Abrol among leadership/KMP, unconfirmed as a formal director. DINs: not obtained.
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 07AAACW9492K1ZN | Delhi | Not obtained directly, but GSTIN 07AAACW9492K1ZN implies PAN AAACW9492K (Source: KnowYourGST/Piceapp — inferred, not independently confirmed) | Active |
| 06AAACW9492K3ZN | Haryana | Not obtained directly, but GSTIN 07AAACW9492K1ZN implies PAN AAACW9492K (Source: KnowYourGST/Piceapp — inferred, not independently confirmed) | - |
Primary GSTIN (Delhi): 07AAACW9492K1ZN, active, registered 28/09/2018 (Source: KnowYourGST, Piceapp). Additional GSTIN (Haryana): 06AAACW9492K3ZN, registered 13/07/2021 (Source: Microvistatech). Company reported to hold GST registrations in 11 states total (Source: KnowYourGST search summary) — not independently verified state-by-state, treat as partial. Implied PAN from GSTIN: AAACW9492K.
Financials
- Revenue ₹11.53 Crore, up ~108% YoY. EBITDA, PAT, net worth, and borrowings figures are behind TheCompanyCheck's paywall — not obtained. A separate summarized figure (from an earlier search pass) indicated FY2023 revenue grew ~99.87% YoY with profit up ~71%, and FY2024 showed a net sales revenue drop of ~70.41% and total assets down ~40.31% — these are secondary/derived figures from aggregator commentary, not confirmed against a primary filing, so treat as partial/unverified. Standalone financials (no indication of consolidated reporting; no subsidiaries disclosed). Auditor: Gupta Nayar & Co.. Last AGM: 30 September 2025; balance sheet filed to 31 March 2025 though other text on the same source cites 31 March 2024 for an earlier balance sheet filing date — minor internal inconsistency in the source, noted as a gap
Funding
Press coverage (ANI/Business Standard, 2022) states the company's technology and products had been developed with investments of up to $15 million (equity + debt) through Pre-Series A. No further funding-round names, investors, or amounts confirmed — not obtained from Tracxn in this pass.
Charges & Borrowings
- 3 total charge records — ₹2 Lakh in open charges and ₹3 Crore in satisfied charges
- Lender identities and charge-holder names not obtained
Competitors
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