Urja Mobility, a leader in the EV battery leasing sector, has announced the appointment of Parveen Sabharwal as its new Director. Bringing over four decades of experience in banking and finance, Mr. Sabharwal is set to lead the company’s expansion and innovation in the e-mobility landscape.
With expertise in credit underwriting, policy formulation, and team building, Mr. Sabharwal has a proven record of fostering strong business relationships and delivering impactful results. His extensive knowledge of the green energy ecosystem aligns with Urja Mobility’s mission to revolutionize energy consumption and supply chain management in the EV sector.
Currently serving as Vice President of Corporate Strategies at a leading NBFC in EV, Mr. Sabharwal manages credit approvals, strategic acquisitions, and product diversification. Previously, as CEO of Mufin Green Finance, he spearheaded significant advancements in sustainable finance.
Commenting on his appointment, Parveen Sabharwal said:
“I am thrilled to join Urja Mobility during this exciting phase of growth. I look forward to leveraging my experience to accelerate sustainable innovations and contribute to the company’s vision of transforming the e-mobility space.”
Pankaj Chopra, Founder of Urja Mobility, remarked:
“Mr. Sabharwal’s expertise and strategic insights will be instrumental in guiding us through our next phase of growth. His appointment reinforces our commitment to building a robust and sustainable e-mobility ecosystem in India.”
This leadership appointment follows Urja Mobility’s successful Pre-Series A funding, led by Mufin Green Finance Limited and Hindon Mercantile Limited. The funds will support the expansion of Urja Mobility’s EV battery leasing operations and infrastructure development. The company has also announced plans to raise an additional ₹250 crores by early 2025, aiming to strengthen its position in the e-mobility sector.
