Urja Mobility has announced the appointment of Mr. Parveen Sabharwal as Director. With over four decades of distinguished experience in banking and finance, Mr. Sabharwal’s leadership is set to play a pivotal role in the company’s growth trajectory and innovation in the e-mobility landscape.
Recognized for his expertise in credit underwriting, policy formulation, and team building, Mr. Sabharwal has a proven track record of cultivating strong business relationships and delivering impactful results. His deep understanding of the green energy ecosystem aligns seamlessly with Urja Mobility’s mission to revolutionize energy consumption and supply chain management for the e-mobility sector.
Currently serving as Vice President of Corporate Strategies at one of India’s leading NBFC in EV, Mr. Sabharwal oversees approvals for credit proposals and loans and coordinates with senior management to drive acquisitions and diversify the product portfolio. Additionally, as the former CEO of Mufin Green Finance, he spearheaded groundbreaking initiatives in sustainable finance.
Pankaj Chopra, Founder, Urja Mobility, said, “Mr. Sabharwal’s expertise and strategic insights will be instrumental in guiding us through our next phase of growth. His appointment reinforces our commitment to building a robust and sustainable e-mobility ecosystem in India.”
This leadership enhancement comes on the heels of Urja Mobility’s successful Pre-Series A funding, led by Mufin Green Finance Limited and Hindon Mercantile Limited. The capital infusion will drive the expansion of Urja Mobility’s EV battery leasing operations and fortify its infrastructure. With an ambitious target to raise an additional ₹250 crores by early 2025, the company aims to further its footprint in the e-mobility landscape.