AIN
Micromobility India

Micromobility India

location_on Sweden

The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

Short Summary

Elmo builds campus-first shared micromobility in India. By starting in controlled environments like universities, we achieve predictable utilisation, faster payback, and a repeatable model that can scale across thousands of locations before cities.

Highlights

  • Signed pilot with a large university; talks ongoing with others
  • Campus-first wedge delivers predictable demand and faster payback
  • Large campuses function like mini cities with daily mobility needs
  • Repeatable 50–80 scooter unit scales across controlled environments
  • India’s strong GDP growth accelerates EV and clean mobility adoption

Overview

Target £275,000
Minimum £25,000
Investment Raised £45,000
Previous Rounds £0
Stage Pre-Startup/R&D
Investor Role Any

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This promotion is exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 on the communication of invitations or inducements to engage in investment activity on the grounds it is made exclusively to ‘investment professionals’ within the meaning of Article 19 of the Financial Services and Markets Act (Financial Promotion) Order 2005 (FinProm); persons believed on reasonable grounds to be ‘certified high net worth individuals’ within the meaning of Article 48 FinProm; persons who are ‘certified sophisticated investors’ within the meaning of Article 50 FinProm; and persons who are ‘self-certified sophisticated investors’ within the meaning of Article 50A FinProm.

If you are in any doubt about the investment to which this email relates, you are strongly recommended to consult an appropriately authorised financial adviser qualified to give advice in relation to investment. This investment opportunity will not necessarily be suitable for all recipients of this email. Applications to subscribe for shares will only be accepted at the company's discretion from persons eligible to invest.