Bijliride has reported an ARR of Rs 45.6 crore, supported by monthly rental revenue of Rs 3.8 crore, including revenue from its franchise network. The company has also maintained a 30 per cent EBITDA margin across its expanding operations.
The company’s growth is supported by its franchise business model, with 20 fully operational franchises currently generating a combined monthly revenue of Rs 1 crore for regional franchise partners. The asset-light model enables Bijliride to expand into new geographic markets while providing local micro-entrepreneurs with opportunities to build businesses in the commercial electric vehicle segment.
Commenting on the milestone, Shivam Sisodiya, Co-Founder and CEO of Bijliride, said, “Scaling a mobility startup requires an absolute focus on unit economics rather than just aggressive cash burn. Hitting an ARR of Rs 45.6 crore while maintaining a 30 per cent EBITDA margin proves that our operational framework is fundamentally resilient. By generating Rs 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.”
Bijliride currently manages an active fleet of more than 6,000 electric vehicles dedicated to the last-mile logistics sector. The company plans to further consolidate its presence in the Northern Indian mobility market, focusing on improving daily earnings for delivery executives through reliable, zero-emission vehicles.
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