BillionElectric Deploys Electric Tarmac Buses At Bengaluru Airport
BillionElectric, an e-mobility as a Service (eMaaS) platform, has forayed into the Indian market, securing $10 million in a seed round of equity and asset lease funding.
The company will allocate the funds raised into two key initiatives: firstly, the deployment of electric tarmac buses at the Bengaluru international airport; and secondly, the development of a mid-mile heavy EV trucks platform.
The Company has already inked a contract to expand its services to 10 additional airports across India, following the initial launch in Bengaluru in collaboration with Veera Vahana. The funds raised will play a vital role in supporting and accelerating the expansion of operations.
As part of its comprehensive E-MaaS offering, BillionElectric will provide a wide range of services, including electric vehicles and charging infrastructure in collaboration with Charge+Zone.
Additionally, the platform will extend its support to commercial electric vehicles, facilitating zero emissions driven & efficient transportation of goods for large corporates.
Kartikey Hariyani, Co-Founder and Chief Platform Architect at BillionElectric, said, “Over the last 2 years of product development and software innovation, this is our significant investment as it serves as a powerful catalyst in our mission to reshape the transportation landscape and offer cutting-edge, cost-effective, and sustainable mobility solutions to businesses and individuals alike."
