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UrjaMobility raised Rs 100 crore in a pre-Series A funding round led by Mufin Green Finance Limited and Hindon Mercantile Limited to scale its operations and extend its pay-per-use leasing model for electric vehicle batteries.

PRIVATEOct 09, 2024

Amount Raised

₹1 Billion

Round Type

Pre-Series A

New DelhiEnergyRenewable EnergyEnergy Storage

Investors

Mufin Green Finance LimitedHindon Mercantile Limited

Description

UrjaMobility has secured Rs 100 crore in pre-Series A funding to scale its operations. The funds will enhance their pay-per-use leasing model for electric vehicle batteries and expand their retail presence in India.

Quick answer

UrjaMobility raised ₹1 Billion in a Pre-Series A round, dated October 9, 2024. Investors: Mufin Green Finance Limited and Hindon Mercantile Limited. UrjaMobility is based in New Delhi, Delhi, India.

How much did UrjaMobility raise?
UrjaMobility raised ₹1 Billion in a Pre-Series A round on October 9, 2024.
Who invested in UrjaMobility?
Mufin Green Finance Limited and Hindon Mercantile Limited are named as investors in this round.
What does UrjaMobility do?
UrjaMobility is an EV battery leasing startup that focuses on renewable energy solutions for electric vehicles.
Where is UrjaMobility based and how big is it?
UrjaMobility is based in New Delhi, Delhi, India.
Who are the decision-makers at UrjaMobility?
Fundz holds 1 contact at UrjaMobility. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

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

  • iRasus Technologies raised $476K (Seed) on October 9, 2024.
  • Clean Electric raised $5.8M (Series A) on September 10, 2024.
  • Allegro Energy raised $18M (Series A) on September 9, 2024.
  • GEHECO raised an undisclosed amount (Funding Round) on November 22, 2024.
  • Solteo raised $1.6M (Seed) on November 21, 2024.
  • Pivot Energy raised $450M (Debt Financing) on November 21, 2024.

Who to call at UrjaMobility, and when

A new round usually means UrjaMobility is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

UrjaMobility

Location

New Delhi, Delhi, India

About

UrjaMobility is an EV battery leasing startup that focuses on renewable energy solutions for electric vehicles. The company offers a pay-per-use battery leasing model that allows customers to lease batteries based on mileage. UrjaMobility aims to scale its operations and enhance its energy capacity while expanding its presence across India, particularly in Tier II and Tier III cities. The company is committed to revolutionizing energy consumption in the e-mobility and energy storage sectors.

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UrjaMobility raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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