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§ Private Profile · Vadodara, Gujarat, India
Provides eMaaS solutions with electric trucks, buses, and EV charging infrastructure for zero-emission commercial fleets.
BillionE, also known as BillionElectric, is an electric mobility as a service platform based in Vadodara, Gujarat, India, that provides commercial electric vehicles and turnkey charging infrastructure. The company delivers integrated leasing and operational services for heavy commercial electric trucks and airport tarmac buses to facilitate zero-emission freight and passenger transport. The enterprise has raised $35 million, including a $10 million seed round comprising equity and lease financing, alongside an additional $25 million to scale its electric truck operations. BillionE operates a network of over 1,700 charging points with 600 megawatts of designed energy capacity, serving notable clients, investors, and partners such as Bengaluru International Airport, Urmin Group, and Charge+Zone. The business achieved profitability in fiscal year 2024 while electrifying 15,000 kilometers of transit routes. BillionE was founded in 2021 by Kartikey Hariyani and Mustafa Wajid.
BillionE (BillionElectric) has raised $32.9M across 2 funding rounds.
BillionE (BillionElectric) has raised $32.9M in total across 2 funding rounds.
BillionE (BillionElectric) has raised $32.9M in total across 2 funding rounds.
BillionE (BillionElectric)'s investors include State Bank of India.
BillionE (BillionElectric) has raised $32.9M across 2 funding rounds. Most recently, it raised $22.9M Other Equity in January 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 13, 2026 | $22.9M Venture Round | State Bank OF India | — | Announced |
| Jun 28, 2023 | $10M Seed | — | — | Announced |