Tag: Indian logistics sector

Truck Rentals Hold Steady in February as CV and EV Segments Show Strong Year-on-Year Growth

News Desk

India’s mobility and logistics sector witnessed relatively stable trucking activity in February, with truck rentals across major trunk routes remaining largely rangebound month-on-month, according to the latest industry data. Despite the stable month-on-month trend, several key routes recorded notable year-on-year growth. The Delhi–Mumbai–Delhi corridor led the growth with an 8% increase in truck rentals, followed […]

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BillionE Mobility Raises $25 Million to Scale Electric Truck Operations in India

News Desk

BillionElectric Mobility (BillionE), India’s E-Mobility-as-a-Service platform focused on decarbonising mid-mile and long-haul freight movement, has raised $25 million in a growth capital round comprising a mix of equity and debt. The funding was backed by a consortium of ultra-high-net-worth individuals and family offices, with participation from established financial institutions and public sector banks, including State […]

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