[Funding News] UrjaMobility Raises $12 Mn pre-Series A Funding

A pre-Series A funding round including debt and equity funding has secured Rs 100 crore ($12 million) for UrjaMobility,. Hindon Mercantil and Mufin Green Finance co-led the round.

According to a press statement, the new funding will be utilised to expand operations, improve UrjaMobility’s distinctive cost-per-use leasing model, concentrate on the e-mobility industry, and extend the company’s solutions in consumption of energy and management of supply chains.

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Customers may now lease batteries according to the number of kilometers traveled via UrjaMobility’s innovative pay-per-use leasing model, which increases flexibility.

About UrjaMobility

Pankaj Chopra founded UrjaMobility in 2022. It provides battery leasing choices for a range of commercial EV classes.

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