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GreenLine Mobility Solutions has secured a $275 million equity investment, including $20 million from Nikhil Kamath. The funding will be used to deploy clean-energy trucks and build LNG refuelling stations in India.

Apr 11, 2025

Amount Raised

$275 Million

Round Type

Venture

SuratTransportationLogistics

Investors

Nikhil Kamath

Description

GreenLine Mobility Solutions, an Essar Group venture, has raised $275 million in equity funding. The investment will be used to deploy over 10,000 clean-energy trucks and establish 100 LNG refuelling stations and EV charging points in India. Among the investors is Nikhil Kamath, who contributed $20 million. This initiative aims to accelerate the decarbonisation of the heavy trucking industry.

Quick answer

GreenLine raised $275 Million in a funding round, dated April 11, 2025. Investors: Nikhil Kamath. GreenLine is based in Surat, Gujarat, India.

How much did GreenLine raise?
GreenLine raised $275 Million in a funding round on April 11, 2025.
Who invested in GreenLine?
Nikhil Kamath is named as investors in this round.
What does GreenLine do?
GreenLine Mobility is India's 1st Green Company Decarbonising road logistics by deploying LNG-powered heavy duty vehicles.
Where is GreenLine based and how big is it?
GreenLine is based in Surat, Gujarat, India. Fundz records about 243 employees.

Source: Fundz verified event record.

Who else raised in Transportation and Logistics around the same time

Companies in the same sectors as GreenLine that raised within 45 days of this round, from Fundz verified event records.

  • Stord raised $200M (Funding Round) on May 19, 2025.
  • Fyn Mobility raised $2.5M (Seed) on May 17, 2025.
  • Flock Freight raised $60M (Series E) on May 14, 2025.
  • Tobin Scientific raised $65M (Funding Round) on May 12, 2025.
  • Impulse Space raised $295M on May 9, 2025.
  • Routematic raised $40M (Series C) on May 7, 2025.

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Company Information

Company

GreenLine

Location

Surat, Gujarat, India

About

GreenLine Mobility is India's 1st Green Company Decarbonising road logistics by deploying LNG-powered heavy duty vehicles. An ESG compliant company making India Go Green with the reduction of Scope 3 emissions and driving Sustainability in the Mobility sector...

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