Other Private Equity/Strategic Investments
Enterprise mobility platform Lithium Urban Tech raises funding from JSW Green
Business Line Lithium Urban Technologies
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.
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.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
