Global Mobility Service Inc. (GMS) is a Tokyo-based FinTech and mobility company that gives people locked out of traditional credit a path to vehicle ownership. By pairing its proprietary IoT device, MCCS, with a cloud platform called MSPF, GMS lets lenders remotely manage and, if payments stop, safely disable a financed vehicle - turning driving behavior and payment data into a new form of creditworthiness. The model has extended auto loans to gig drivers, taxi operators and delivery workers across Japan, the Philippines, Cambodia and Indonesia who would otherwise be rejected by conventional screening.
Oyika is a Singapore-based Battery-as-a-Service company that runs a network of automated battery-swapping stations for electric motorbikes across Southeast Asia. Riders subscribe to a plan and swap a depleted battery for a fully charged one in under a minute, removing the two biggest barriers to EV adoption: long charging times and the high upfront cost of a battery. Its bike-agnostic, IoT-connected batteries also double as portable power for off-grid communities. Backed by Banpu NEXT and Yinson, Oyika operates in Indonesia, Cambodia, Malaysia and Thailand.
Swap Energi is an Indonesian e-mobility startup that runs Southeast Asia's largest battery-swapping network for electric motorcycles. Instead of waiting to charge, riders exchange a depleted portable lithium-ion battery for a fully charged one at more than 1,500 stations - a process that takes roughly nine seconds. The company pairs this energy network with its own SMOOT smart electric motorcycles and a rider app, and has raised about US$29 million to electrify Indonesia's fleet of over 125 million two-wheelers.
Zeelo is a TransitTech company that runs an AI-powered smart bus platform for organizations. It designs, manages and optimizes group transport programs - corporate shuttles and school buses - connecting employees and students to work and education. Rather than owning vehicles, Zeelo pairs its software (rider, driver and client apps plus data-led route optimization) with a virtual fleet of 10,000+ vehicles from vetted operators, delivering managed, carbon-neutral shuttle services across the US, UK and Ireland for more than 1,000 organizations.
Fleet is a San Francisco-based commuter benefits management platform that helps employers set up, run, and stay compliant with pre-tax and subsidized transportation programs. It manages all mobility spend in one place - pre-tax transit and parking, employer subsidies, government grants, and rewards - across transit, parking, bikes, e-bikes, scooters, rideshare, and vanpools. By integrating with 180+ HR and payroll systems, Fleet lets HR teams roll out commuter benefits quickly, meet local mandates in cities like NYC, LA, and the Bay Area, and nudge employees toward lower-carbon commutes.
Euler Motors is a New Delhi-based electric commercial vehicle maker building cargo three-wheelers and light four-wheeler trucks for India's last-mile logistics. Founded in 2018 by Saurav Kumar, the company designs its own powertrains and batteries in-house, manufactures at a Palwal, Haryana facility, and sells flagship products like the HiLoad EV three-wheeler and the Storm EV light truck to e-commerce, hyperlocal delivery, and logistics fleets. Backed by Hero MotoCorp, GIC, British International Investment and Lightrock, it has put more than 15,000 vehicles on Indian roads.
Lucid Motors is an American luxury electric-vehicle maker based in Newark, California, building the longest-range production EVs in the world. Its in-house powertrain and battery engineering deliver class-leading efficiency in the Lucid Air sedan and the Gravity SUV, backed heavily by Saudi Arabia's Public Investment Fund.
Matter is an Ahmedabad-based deep-tech mobility and energy company best known for the Aera, India's first geared electric motorcycle. Founded in 2019 by Mohal Lalbhai and a team of engineers, Matter designs and manufactures connected electric two-wheelers with a four-speed manual gearbox and liquid-cooled lithium-ion battery packs, alongside a separate line of stationary and mobility energy-storage products. The company runs its own next-generation factory in the Ahmedabad region and has raised tens of millions in venture funding to scale production of vertically integrated, India-specific EVs.