Transvolt Mobility

Name

Transvolt Mobility

Legal name

Transvolt Mobility Private Limited

Website

https://transvolt.in

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Commercial Electric Mobility Services

NAICS

Bus and Other Motor Vehicle Transit Systems (485113), Transit and Ground Passenger Transportation (485), Other Support Activities for Transportation (4889)

SIC

Trucking (No Local) (4213), Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Corporate Mobility & Car Sharing / Pool Fleet Management (TLABAHAO)

akta.pro secondary industries

Vehicle Diagnostics, Predictive Maintenance & Remote Monitoring (TLAEAFAE), Fleet Tracking, Mapping & Real-Time Location Services (RTLS) (TLAEAFAD), Dry Van (General Freight) TL Carriers (TLADADAA)

Keywords

• Electric bus services
• Electric truck deployment
• Fleet management software
• Public transport operations
• Commercial EV logistics

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Technology or R&D, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Public Transport Operations: Transvolt operates electric buses for municipal corporations under Gross Cost Contract (GCC) models, providing intra-city and inter-city public transport services with end-to-end fleet management.
2. Freight/E-Truck Operations: Transvolt deploys electric trucks (EV Trucks, EV Tippers, EV Trailers) for heavy-duty industries including cement, steel, mining, and ports, providing sustainable logistics and haulage solutions.
3. Employee Transportation: Eco-friendly EV bus services for corporate employee transportation with fleet management, real-time tracking, route optimization, and automated scheduling.
4. Fleet Management as a Service: Comprehensive fleet management services including vehicle selection, route planning, charging schedules, maintenance forecasting, and integration with existing systems.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Transvolt Mobility operates as an OEM-agnostic electric vehicle platform that owns, deploys, and manages electric buses and trucks for public transport, corporate employee transportation, and industrial freight (cement, steel, mining, ports, general cargo). The company supplements vehicle operations with an AI-powered web-based fleet management platform providing real-time monitoring, route optimization, predictive maintenance, battery health tracking, and charging schedule management.

Product overview

Transvolt Mobility operates as an OEM-agnostic EV platform that owns and operates electric vehicles across multiple segments. Their portfolio includes EV Buses (for public and employee transport), EV Trucks (for cement, steel, mining, ports, and general cargo), EV Tippers, and EV Trailers. The company supplements its vehicle fleet with proprietary Fleet Monitoring Applications and Fleet Management Solutions, which are AI-powered web-based platforms and mobile applications enabling real-time tracking, route optimization, predictive maintenance, and automated scheduling. The platform is designed to serve diverse customers in both government and private sectors across India's infrastructure and logistics value chain.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Transport (E-Bus Operations)
• Employee Transportation Services
• Cement Industry EV Truck Services
• Steel Industry EV Truck Services
• Mining EV Truck Services
• Port Logistics EV Truck Services
• General Cargo EV Truck and Tempo Services
• Fleet Management as a Service
• Pune Airport EV Shuttle Service
• UltraTech Cement EV Truck Deployment
• Ulhasnagar E-Bus Operations
• Port Operations Heavy-Duty EV Truck Deployment

Quantifiable outcome

• 13,251 tonnes CO2 emissions avoided (Oct 2023 - Mar 2026)
• +6 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and flagship.

• NHEV (National Highway for Electric Vehicles)coreStrategic or Co-development Partner · 10 September 2024NHEV and Transvolt collaborated on World EV Day 2024 to deploy 1,000 electric trucks, supported by a ₹500 Crores climate financing scheme.
• EKA Mobility (Pune Airport)coreOEM/ Whitelabel/ Licensing Partner · 1 July 2024EKA partnered with Transvolt to deploy 9-meter AC shuttle bus at Pune International Airport Aeromall for passenger transfers.
• IFC (Techno-commercial Evaluation)flagshipStrategic or Co-development Partner · 1 April 2024Transvolt signed Collaboration Agreement with IFC for techno-commercial evaluation of EV projects covering capex outlay of over $600 million across India and 8,000 Electric Vehicles.
• EKA MobilitycoreOEM/ Whitelabel/ Licensing PartnerEKA Mobility is an OEM bus supplier and JV partner for Mira Bhayandar and Ulhasnagar municipal projects. Supplied 9m and 12m AC/Non-AC electric buses with capacity for 35-43 passengers.
• VE Commercial Vehicles Ltd. (VECV)coreOEM/ Whitelabel/ Licensing PartnerVECV is an OEM bus supplier for Transvolt's operations, providing 9m and 12m AC electric buses for public transport and employee transportation.
• Propel EVcoreOEM/ Whitelabel/ Licensing PartnerPropel is an OEM supplier of EV Dumper Trucks (8x4 470 HEV) for mining and heavy-duty operations with gross vehicle weight up to 65,000 kg off-road.
• Montra Electric / IPL TechcoreOEM/ Whitelabel/ Licensing PartnerMontra Electric (IPL Tech) is OEM manufacturer of electric trucks and mobility solutions. Supplied Montra 6x4TT electric trucks with 37,000 kg rated payload for cement and freight operations.
• Mira Bhayandar Municipal CorporationcoreStrategic or Co-development PartnerMBMC is the concessioning authority for Transvolt's e-bus operations. Transvolt deployed 57 electric buses under GCC model for municipal public transport.
• Ulhasnagar Municipal CorporationcoreStrategic or Co-development PartnerUMC partnered with Transvolt for e-bus operations in the city, showcasing commitment to sustainable transportation for Mumbai's satellite towns.
• Energy In Motion (EIM)coreStrategic or Co-development PartnerEnergy In Motion secured an order to supply 66 battery-swappable electric heavy-duty trucks manufactured by Foton to Transvolt for port operations in Gujarat and Maharashtra.

Scale indicators20 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• BluSmart Mobility: India's largest EV-only ride-hailing and fleet operator, operating a captive fleet of electric cars with proprietary charging and fleet management. Directly comparable to Transvolt as an Indian EV fleet-as-a-service operator, though focused on passenger ride-hailing rather than buses and freight.
• PMI Electro Mobility: Indian electric bus operator running large municipal e-bus fleets under GCC and OPEX models across multiple states. Direct competitor in the same municipal e-bus tender space that Transvolt targets.
• EKA Mobility: Indian electric bus OEM and emerging fleet services provider; both an OEM partner of Transvolt and a competitor in municipal e-bus deployments. Comparable business model combining bus manufacturing with service delivery.
• Montra Electric (TI Clean Mobility): Indian electric truck OEM and emerging fleet operator focused on last-mile and mid-mile logistics; an OEM partner of Transvolt and a competitor in electric commercial vehicle deployments.

Broad incumbents

• Switch Mobility (Ashok Leyland): Subsidiary of Ashok Leyland focused on electric buses and light commercial vehicles globally. A large, established incumbent competing with Transvolt in Indian municipal e-bus tenders, with deeper manufacturing scale and balance sheet.
• JBM Auto: Diversified Indian automotive manufacturer with a growing electric bus business (JBM Ecolife) competing in municipal e-bus tenders. Comparable end-market exposure to Transvolt's public transport segment.
• Tata Motors (Commercial EV): India's largest commercial vehicle OEM with significant electric bus (Starbus EV) and electric truck offerings. Competes with Transvolt across both freight and public transport segments, with vastly greater scale and brand.
• VE Commercial Vehicles (VECV): Volvo-Eicher joint venture manufacturing trucks and buses in India, including electric variants; an OEM partner of Transvolt and a competitor in the broader Indian commercial EV space.
• Ola Electric: India's largest electric two-wheeler company now expanding into electric commercial vehicles and fleet services. Comparable as a large Indian EV platform, though currently focused on smaller vehicle segments.

Emerging players

• Greenergy (Greencell Mobility): India-focused electric bus and charging infrastructure operator pursuing municipal e-bus contracts. Comparable emerging-stage platform competing in similar GCC tenders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/transvolt-mobility-pvt-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transvolt Mobility