Electric mobility platform Bijliride announced a significant growth milestone, achieving a monthly rental revenue of INR 3.8 crore, inclusive of revenue from its franchise network, and successfully scaling its Annual Recurring Revenue (ARR) to INR 45.6 crore. The company also reported strong profitability metrics at the operational level, maintaining a healthy 30 percent EBITDA margin across its expanding 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.
