About BillionE Mobility
BillionE Mobility is a Transportation, Automotive & Logistics company based in Vadodara (India) founded in 2021 by Kartikey Hariyani. It operates as a multi-category electric two-wheeler rentals are provided via an online platform. It operates on a Mobility-as-a-Service and Product-as-a-Service model. BillionE Mobility has raised $11.72 million across 4 funding rounds from investors including Transition VC, Challenge Advisory and Urmin Group. Its Indian entity Billion Electric Mobility Private Limited reported revenue of ₹4.22 Cr. BillionE Mobility offers products and services including Electric Vehicles, Charging Infrastructure, and Smart Telematics. Its focus areas include Transportation, Electric Mobility and Electric Vehicles. Its competitors include ElectricFeel; 1 of its 1 listed competitors has raised funding.
Company details
BillionE Mobility is engaged in providing electric mobility as a service in India. Comprehensive solutions are offered, including electric vehicles, charging infrastructure, and smart telematics. The company operates in the commercial and public transportation sectors, targeting zero-emission mobility for buses and trucks. Advanced technologies like AI-based routing and asset tracking are integrated into their offerings. Sustainability is emphasized through renewable energy use and battery recycling initiatives. Urban environments are improved by delivering cleaner and quieter transportation options.
- Headquarters Vadodara, India
- Founders Kartikey Hariyani
- SectorsTransportation, Automotive & Logistics
- Website billionmobility.com
- Social LinkedIn Facebook Instagram
- Legal Name Tecso Chargezone (P) Ltd.
- Date of Incorporation 09 Nov, 2016
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹4.22 Cr
FY 2025 · -41% YoY
- Net Loss-₹6.19 Cr
FY 2025 · -147% margin
- EBITDA-₹21.7 Lakh
FY 2025 · -5% margin
- Total Equity Funding$11.72M (USD)
in 4 rounds
- Latest Funding Round$561.35K (USD), Seed
Jun 2025
- InvestorsTransition VC
& 50 more
Associated legal entities of BillionE Mobility
BillionE Mobility operates through Billion Electric Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Billion Electric Mobility Private Limited CIN U74110GJ2016PTC094316 | Active | 09 Nov 2016 | Vadodara, Gujarat | ₹4.2 Cr | – | 6 | View details |
Products & Services of BillionE Mobility
BillionE Mobility offers a comprehensive portfolio of products and services, including Electric Vehicles, Charging Infrastructure, and Smart Telematics.
Electric vehicles are provided for sustainable, zero-emission transportation.
Charging stations are developed for electric vehicle support systems.
Telematics systems are offered for advanced vehicle tracking solutions.
Funding Insights of BillionE Mobility
BillionE Mobility has successfully raised a total of $11.72M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $561.35 thousand completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.72M
- Total Rounds 4
- Last Round Seed — $561,346
- First Round $10M
(Jun 2023)
- Investors Count 51
All 4 funding rounds of BillionE Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $561,346 | Seed | – | Artek | |
| Nov 2024 | $21,349 | Angel Round | – | Ambika Jain | – |
| May 2024 | $1.13M | Seed | – | Saascorp | |
| Jun 2023 | $10M | Seed | – | – |
51 investors in total: 19 institutional and 32 angel.
Investors in BillionE Mobility
BillionE Mobility has secured backing from 51 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Transition VC, Challenge Advisory and Urmin Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy transition investments and carbon offset initiatives in India. | 2022 | transitionventurecapital.com | Bengaluru, India | |
Startups across sectors are accelerated through dedicated programs. | – | thecapitalonelab.com | New York, United States | |
Private equity investments are focused on multiple sectors. | – | cconeventurelabs.tcc.mode | Ahmedabad, India | |
- | – | saascorp.in | - | |
Packaging products for food and beverage industry are manufactured. | – | urmingroup.com | Ahmedabad, India | |
- | – | hpsgases.tcc.mode | - | |
It serves as a tarak chemicals limited. | – | tarakchemicals.com | India | |
- | – | skyacetylene.tcc.mode | - | |
- | – | dnpprivatetrust.tcc.mode | - | |
- | – | maptrust.org | - |
Investor details for BillionE Mobility
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Board of directors of Billion Electric Mobility Private Limited (BillionE Mobility)
Billion Electric Mobility Private Limited is the primary company behind BillionE Mobility. The board of Billion Electric Mobility Private Limited currently have 4 directors; the longest-serving is Kartikey Babubhai Hariyani, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kartikey Babubhai Hariyani DIN 01172197 | Director | 09 Nov 2016 | 9 yrs 11 mo | Billion Electric Mobility Private Limited |
| Kinnari Kartikey Hariyani DIN 01172210 | Director | 09 Nov 2016 | 9 yrs 11 mo | Billion Electric Mobility Private Limited |
| Ramkisan Amirchand Devidayal DIN 00238853 | Additional Director | 17 Nov 2025 | 10 mo | Billion Electric Mobility Private Limited |
| Sanjeev Ramachandra Kulkarni DIN 09120484 | Additional Director | 17 Nov 2025 | 10 mo | Billion Electric Mobility Private Limited |
People of BillionE Mobility
1 people are tracked at BillionE Mobility (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for BillionE Mobility
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Financials of BillionE Mobility
Figures of Billion Electric Mobility Private Limited, the primary company behind BillionE Mobility, for FY 2025. Revenue was ₹4.22 Cr (-41% year on year). Net loss was -₹6.19 Cr (-147% margin). EBITDA was -₹21.7 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +75% over three years.
- ₹4.22 CrRevenue · FY 2025 · -41% YoY
- -₹6.19 CrNet loss · -147% margin
- -₹21.7 LakhEBITDA · -5% margin
- ₹19.76 CrPaid-up capital
- +75%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Billion Electric Mobility Private Limited are on its company page.
Detailed financial statements for BillionE Mobility
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Timeline of BillionE Mobility
3 dated milestones of BillionE Mobility across 4 years, from founding to its latest funding, stage changes and deals.
- Founded BillionE Mobility is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Seed, of $561K.
Competitors of BillionE Mobility
BillionE Mobility has 1 listed competitor in our database, 1 of them funded. They include ElectricFeel, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| electricfeel.com | 2012 | Zurich, Switzerland | $32,100 | – | End-to-end solutions for shared electric mobility services are managed. |
Detailed competitors of BillionE Mobility
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Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as BillionE Mobility (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Related news about Billione Mobility
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Frequently Asked Questions about BillionE Mobility
BillionE Mobility was founded in 2021 and raised its 1st funding round 2 years after it was founded.
BillionE Mobility is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
BillionE Mobility is a funded company, having raised a total of $11.72M across 4 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Jun 2023.
The primary company behind BillionE Mobility, Billion Electric Mobility Private Limited, reported revenue of ₹4.22 Cr for FY 2025, down 41% year on year.
BillionE Mobility is engaged in providing electric mobility as a service in India. Comprehensive solutions are offered, including electric vehicles, charging infrastructure, and smart telematics. The company operates in the commercial and public transportation sectors, targeting zero-emission mobility for buses and trucks. Advanced technologies like AI-based routing and asset tracking are integrated into their offerings. Sustainability is emphasized through renewable energy use and battery recycling initiatives. Urban environments are improved by delivering cleaner and quieter transportation options.
BillionE Mobility's top competitors include ElectricFeel.
BillionE Mobility offers Electric Vehicles, Charging Infrastructure, and Smart Telematics.
BillionE Mobility has 51 investors. Key investors include Transition VC, Challenge Advisory, Urmin Group, Hpsgases, and Tarak Chemicals.
BillionE Mobility operates through Billion Electric Mobility Private Limited.
The legal entities of BillionE Mobility currently have 5 directors, including Kartikey Babubhai Hariyani, Kinnari Kartikey Hariyani, Asadali Vohra and others.