BillionE Mobility raises $25 million (₹207 crore) in mixed equity-debt from State Bank of India, HNIs, family offices, and institutions. The eMaaS platform targets commercial-scale electric truck deployments across India. Funds fuel transition from pilots to large operations in freight mobility.
Deployment and Pipeline Plans
BillionE plans over 500 electric trucks in FY 2026-27, building a 1,500+ unit pipeline over two-three years tied to customer demand. Fleet serves high-utilization sectors: cement, automotive, 3PL, metals, FMCG, chemicals, e-commerce, pharma, minerals on fixed routes. Pan-India rollout leverages ChargeZone for electrified corridors.
Infrastructure and Tech Investments
Capital deploys phased fleets, charging networks, fleet management systems, and tech platforms. Achieves diesel-parity TCO in 19T/55T segments, cutting tailpipe emissions. Strengthens OEM and ecosystem partnerships for execution.
Market Impact on Logistics
Expanded operations decarbonize industrial logistics, aligning with India’s EV freight goals. CEO Sanjeev Kulkarni highlights acceleration of customer decarbonization; Founder Kartikey Hariyani notes 120% YoY growth momentum.
