# Zelio E-Mobility funding: rounds and investors

> Zelio E-Mobility has raised $18M across 1 round since 2026. Investors include Motilal Oswal Financial Services, Calliope Capital Advisors LLP and Deepak Arya.

Source: https://millionrounds.com/company/zelio-e-mobility (Millionrounds; every figure on the page links to its filing or article)

India · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Zelio E-Mobility*

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Cleantech

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$18M** raised across 1 round since 2026, from 1 source

- **Latest round:** Round, $18M Sept 2026
- **Investors:** 7

See who backed them

## The rounds

- **Sept 2026** Round **$18M** [Motilal Oswal Financial Services](https://millionrounds.com/fund/motilal-oswal-financial-services) [Calliope Capital Advisors LLP](https://millionrounds.com/fund/calliope-capital-advisors-llp) [Deepak Arya](https://millionrounds.com/fund/deepak-arya) [Hem Growth Opportunities Fund](https://millionrounds.com/fund/hem-growth-opportunities-fund) [Kunal Arya](https://millionrounds.com/fund/kunal-arya) [Niraj Arya](https://millionrounds.com/fund/niraj-arya) [Param Value Investments](https://millionrounds.com/fund/param-value-investments) Reported by Inc42

## Everyone who backed them

[Motilal Oswal Financial Services](https://millionrounds.com/fund/motilal-oswal-financial-services) Investment firm **1** round

[Calliope Capital Advisors LLP](https://millionrounds.com/fund/calliope-capital-advisors-llp) Investment firm **1** round

[Deepak Arya](https://millionrounds.com/fund/deepak-arya) Investment firm **1** round

[Hem Growth Opportunities Fund](https://millionrounds.com/fund/hem-growth-opportunities-fund) Investment firm **1** round

[Kunal Arya](https://millionrounds.com/fund/kunal-arya) Investment firm **1** round

[Niraj Arya](https://millionrounds.com/fund/niraj-arya) Investment firm **1** round

[Param Value Investments](https://millionrounds.com/fund/param-value-investments) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zelio-e-mobility).

## Quick answers about Zelio E-Mobility

### Who invested in Zelio E-Mobility?

Zelio E-Mobility's investors include Motilal Oswal Financial Services, Calliope Capital Advisors LLP, Deepak Arya, Hem Growth Opportunities Fund and Kunal Arya, and 2 more on record.

### How much has Zelio E-Mobility raised?

Zelio E-Mobility has raised $18M across 1 round since 2026.

### When did Zelio E-Mobility last raise?

Zelio E-Mobility's most recent round was an Undisclosed round of $18M in Sept 2026.

### What was Zelio E-Mobility's biggest round?

Its most recent round, $18M in Sept 2026, is also its largest on record.

### Who backed Zelio E-Mobility first?

Zelio E-Mobility's first round on record, in Sept 2026, was backed by Motilal Oswal Financial Services, Calliope Capital Advisors LLP and Deepak Arya and 4 others.

### What stage is Zelio E-Mobility at?

Zelio E-Mobility's latest named round is an Undisclosed round, in Sept 2026.

### Where is Zelio E-Mobility based?

Zelio E-Mobility is based in India.

## Companies like Zelio E-Mobility

In the same sector, and raised in the last eighteen months.

[**Greenzo Energy** $15M · Oct 2026](https://millionrounds.com/company/greenzo-energy)[**Onto** $125M · Oct 2026](https://millionrounds.com/company/onto)[**Navitas Solar** $20M · Oct 2026](https://millionrounds.com/company/navitas-solar)[**Battery Smart** $10M · Oct 2026](https://millionrounds.com/company/battery-smart)[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)[**Ionage** $1.3M · Oct 2026](https://millionrounds.com/company/ionage)

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