Transvolt Mobility
Mumbai-based, OEM-agnostic electric vehicle platform that owns, operates and maintains electric buses and trucks for government and private-sector clients across India, spanning municipal bus concessions, corporate employee transport, and e-trucking for industrial clients such as cement manufacturers. A subsidiary of Elements Renewable Energy Private Limited.
Transvolt Mobility: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 20 Jan 2026 | Quasi-Equity | $15 Mn | Finnfund | source |
| 18 Jul 2025 | Quasi-Equity | $20 Mn | International Finance Corporation (IFC) | source |
Recent Signals
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18 Jul 2025 · growth-traction
Transvolt deploys 500+ heavy commercial EVs since FY2023 inception, targets 3,500 vehicle fleet source
News on Transvolt Mobility
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Start Free ValidationFAQs on Transvolt Mobility
Who founded Transvolt Mobility?
Transvolt Mobility was founded by Dheeraj Jhawar, Sandeep Agarwal, Debasis Mohanty in 2023.
How much funding has Transvolt Mobility raised?
Transvolt Mobility has raised $35 Mn across 2 tracked funding round(s), most recently on 2026-01-20. Figures are compiled from cited public sources.
Who are the investors in Transvolt Mobility?
Investors in Transvolt Mobility include Finnfund, International Finance Corporation (IFC).
What does Transvolt Mobility do?
Mumbai-based, OEM-agnostic electric vehicle platform that owns, operates and maintains electric buses and trucks for government and private-sector clients across India, spanning municipal bus concessions, corporate employee transport, and e-trucking for industrial clients such as cement manufacturers. A subsidiary of Elements Renewable Energy Private Limited.
Where is Transvolt Mobility headquartered?
Transvolt Mobility is headquartered in Mumbai, Maharashtra, India.
What is Transvolt Mobility's business model?
Transvolt Mobility's core value proposition centers on OEM-Agnostic, Owned-and-Operated EV Fleet Platform, Integrated Connected Ecosystem Across B2G/B2B/B2C, Zero-Emission, Sustainable Transport Alternative.
How does Transvolt Mobility make money?
Transvolt Mobility's cited revenue streams include Government Concession Agreements (GCC), Corporate Employee Transport Service (ETS) Contracts, E-Trucking / Logistics Haulage Contracts.