Electric mobility startup Bijliride has announced an investment of ₹2.1 crore over the past six months to accelerate the growth of its electric vehicle (EV) fleet and expand operations across India. The funding, raised in January 2025 from a group of high-net-worth individuals, values the company at ₹21 crore (post-money).
The investment is expected to drive threefold growth in fleet size and revenues during FY 2025–26. Bijliride has set its sights on entering major Tier-1 cities, including Hyderabad, Bengaluru, Delhi, Mumbai, and Chennai, as part of its nationwide expansion strategy.
Alongside scaling its consumer EV rental services, the company is focusing on its enterprise offerings, which include fleet management solutions for logistics, e-commerce, and last-mile delivery companies. By combining cost-effective and reliable EVs with flexible rental plans, 24/7 battery swapping, on-road support, and fleet leasing options, Bijliride aims to strengthen its position in India’s green mobility sector.
The startup has recorded 25% month-on-month growth since its inception, underlining strong demand for its EV services. To fuel the next phase of growth, Bijliride is preparing a follow-on funding round of USD 2–3 million (₹16–24 crore). The proceeds will be used to expand its fleet to over 10,000 vehicles and extend operations to more than 10 cities nationwide.
With India’s EV adoption gaining momentum, Bijliride’s strategic investments position it as a key player in shaping the future of urban and commercial green mobility.
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