Hindon Mercantile
201-202, 2nd Floor, Best Sky Tower, Plot No. F-5, Netaji Subhash Place, New Delhi, Delhi, 110034, India
Overview
Hindon Mercantile is a company that provides customers with seamless access to funding.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
Investment portfolio
- Urja Mobility
Led · Series A · Oct 2024
UrjaMobility operates a pay-per-use, per-kilometre EV battery leasing model serving B2B and retail customers. The company manages battery deployment and energy capacity, currently at 45 MWh per day with plans to scale to 300 MWh per day. It will use recent funding to scale operations and extend its leasing model across its e-mobility segment. UrjaMobility plans to expand its retail footprint by opening new urban centres, especially in Tier II and Tier III cities. The company highlights supply chain capability and sustainability as core strengths in supporting India’s clean-energy transition. Founder and CEO Pankaj Chopra described the round as a major milestone to make e-mobility more accessible.
Team
No current team members are available.