Private Equity Other Private Equity/Strategic Investments
Enterprise mobility platform Lithium Urban Tech raises funding from JSW Green
Source Lithium Urban Technologies (opens in a new tab)Business Line (opens in a new tab)
Bengaluru-based Lithium Urban Technologies , an integrated enterprise mobility platform, has raised an investment from JSW Green Mobility.Founded in 2015 by Ashwin Mahesh and Sanjay Krishnan, Lithium Urban Technologies delivers end-to-end transportation solutions that combine electric fleets, supports all form factors, charging infrastructure, intelligent fleet management, driver ecosystems, and enterprise-grade operational excellence.The investment is intended to help the firm expand its electric fleet, strengthen charging infrastructure, and enhance its mobility technology platform.
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Between Apr 2018 and Mar 2022, Lithium Urban Technologies had attracted about $66-M from EverSource Capital, IFC, Lightrock India.For FY25, Lithium Urban Technologies had reported about INR 186 crore in Operating Income and about INR 63 crore in Net Loss.