Bijliride (Electric mobility platform) has reported monthly rental revenue of ₹3.8 crore, including contributions from its franchise network, taking its Annual Recurring Revenue (ARR) to ₹45.6 crore. The company also maintained an EBITDA margin of 30%, reflecting its operational profitability as it expands its network.
Central to this accelerated financial momentum is the company’s highly scalable franchise business model. Bijliride currently manages 20 fully operational franchises, a decentralized structure that is already generating INR 1 crore in total revenue per month for its regional franchise partners. This asset-light operational approach allows the company to penetrate new geographic markets efficiently while empowering local micro-entrepreneurs to build profitable businesses within the commercial EV transition.
“Scaling a mobility startup requires an absolute focus on unit economics rather than just aggressive cash burn,” stated Shivam Sisodiya, Co-Founder and CEO of Bijliride. “Hitting an ARR of INR 45.6 crore while maintaining a 30 percent EBITDA margin proves that our operational framework is fundamentally resilient. By generating INR 1 crore in revenue per month for our franchise partners, we are demonstrating that sustainable growth is achieved by building a profitable ecosystem that directly benefits the people operating on the ground.”
This revenue milestone aligns directly with massive on-ground deployment and infrastructure scaling. Bijliride currently manages an active fleet of over 6,000 electric vehicles dedicated to the last-mile logistics sector. With strong revenue foundations, the company is positioned to further consolidate its presence in the Northern Indian mobility market, focusing on improving daily earnings for delivery executives through reliable, zero-emission vehicles.
Founded in 2021, Bijliride is India’s leading SaaS-powered electric two-wheeler rental platform, tackling urban challenges of pollution and rising commuting costs. With a fleet of 4,000+ EVs across major cities, it serves both individuals and enterprises through 24/7 battery swapping, on-road support, and enterprise fleet management. Backed by strong tech integration, franchise-led expansion, and a vision to enable one million users by 2030, Bijliride is driving the shift toward sustainable and cost-effective urban mobility.
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
