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Bijliride, a fast-growing mobility solutions provider, has reported strong financial performance, with revenue rising from 10 crore in FY24 to 18 crore in FY25. The growth reflects rising market demand for electric mobility solutions and improved operational efficiency across its fleet operations.
The company has set an ambitious target of achieving ₹44 crore in revenue and scaling its fleet to 10,000 vehicles by FY26–27. Alongside this expansion, Bijliride is also aiming to achieve over 20% EBITDA positivity, highlighting its focus on sustainable and profitable growth.
At the core of its strategy, Bijliride is following a disciplined, demand-driven expansion model. It is prioritising high-utilisation markets and leveraging a hub-and-spoke (STAR) network approach to improve fleet density, asset productivity, and service efficiency. The company currently reports a strong fleet utilisation rate of 92%.
A key growth driver for Bijliride is the increasing demand for electric two-wheelers in rental mobility and last-mile delivery services. The rapid expansion of e-commerce and quick commerce platforms—many of which are moving towards full EV adoption—has created a strong and consistent demand pipeline for the company’s offerings.
To capitalise on this opportunity, Bijliride is expanding through a franchise-led model that enables faster, capital-efficient growth while maintaining operational control and service quality. The company is also investing heavily in its in-house technology platform to streamline bookings, monitor real-time fleet performance, and optimise vehicle deployment.
In addition, Bijliride is focused on reducing vehicle downtime, improving battery efficiency, and adopting innovations such as battery swapping to enhance productivity and margins. Strategic partnerships with OEMs and ecosystem players are also supporting its asset-light expansion strategy and strengthening infrastructure utilisation.
Speaking on the company’s vision, CEO and Co-Founder Shivam Sisodiya said that Bijliride’s growth is driven by sustainability, efficiency, and profitability, with a clear focus on building a scalable and operationally strong business model.
Looking ahead, the company plans to deepen its presence in existing markets, selectively expand into new cities, and continue improving operational efficiency over the next 12–18 months. With a strong foundation and clear roadmap, Bijliride aims to play a leading role in India’s transition towards sustainable mobility.
