Bijliride has reported a significant increase in revenue, rising from ₹10 crore in FY2024 to ₹18 crore in FY2025, reflecting growing demand for electric mobility solutions and improved operational efficiency.
The company has outlined plans to further scale its operations, targeting revenue of ₹44 crore and expanding its fleet to 10,000 vehicles by FY2026–27. It is also aiming to achieve over 20% EBITDA positivity as part of its long-term profitability strategy.
Bijliride’s growth has been driven by a focused approach to market expansion, prioritising high-utilisation regions over rapid geographic spread. The company reported a fleet utilisation rate of approximately 92%, supported by its hub-and-spoke (STAR) operational model designed to optimise asset productivity and demand coverage.
The rising adoption of electric two-wheelers in rental and last-mile delivery segments has also contributed to the company’s performance. Increased activity in e-commerce and quick commerce sectors, many of which are targeting full electric vehicle adoption by 2030, is creating sustained demand for such mobility solutions.
To support expansion, Bijliride is leveraging a franchise-led model aimed at enabling capital-efficient growth while maintaining operational oversight and service quality across markets.
The company continues to invest in its in-house technology platform to enhance operational efficiency. The platform supports functions such as booking management, real-time vehicle tracking, and fleet optimisation, contributing to improved uptime and reduced manual intervention.
According to Shivam Sisodiya, CEO and Co-Founder of Bijliride, the company’s growth strategy is centred on sustainability, efficiency, and profitability, with a focus on balancing expansion with operational discipline.
Bijliride’s financial performance is supported by factors including high fleet utilisation from gig economy workers and enterprise clients, economies of scale in procurement and servicing, and ongoing improvements in operational processes. The company is also exploring innovations such as battery swapping to enhance productivity and reduce downtime.
Strategic partnerships with OEMs and ecosystem stakeholders are expected to support the company’s expansion while enabling an asset-light growth approach.
Looking ahead, Bijliride plans to deepen its presence in existing markets, selectively enter new cities, and continue improving operational efficiency over the next 12 to 18 months.
The company indicated that it remains focused on long-term value creation and aims to strengthen its position in India’s evolving sustainable mobility sector.
