India, April 9 -- EV asset management and leasing startup Astranova Mobility (previously known as Electrifi Mobility) has secured Rs.60 Cr (about $6.4 Mn) in its Series A funding round led by IvyCap Ventures, with participation from Trucks Venture Capital.

The funding round also saw participation from existing investors Asian Development Bank and Advantedge Founders.

The startup plans to use the capital to invest in its engineering capabilities, data stack, and AI capabilities, and expand its team, Astranova cofounder and CEO Kunal Mundra told Inc42.

Founded in 2023 by ex-Cars24 CEO Mundra and Grip Invest cofounder Nikhil Aggarwal, Astranova Mobility offers leasing, maintenance, post-sales support, refurbishment, and redeployment of EV...