Transvolt Mobility Private Limited

Propel Trucks Transvolt

In brief

Transvolt is a pioneering force in India's electric vehicle (EV) revolution, owning and operating a diverse fleet of EV trucks tippers, trailers, and buses. With a strong presence in states like Maharashtra, Delhi, Madhya Pradesh, and beyond, Transvolt is driving the shift toward eco-friendly transportation solutions. The company's advanced EV fleet is designed to meet the demands of modern logistics, construction, and public transport, offering efficient, cost-effective, and emission-free alternatives to traditional vehicles. Transvolt's EV trucks and tippers cater to heavy-duty industries, while its EV buses provide clean, comfortable commuting options for urban and rural areas. Finnfund's financing helps Transvolt to grow.

Main development impact

Most important development effects include climate change mitigation, health benefits and employment for women (emerging 2X).

Investment details

Name: Transvolt Mobility Private Limited
Project number: 80000546
Region: Asia
Country: India
Sector: Transport and storage
Signing date (month/year): November 2025
Currency: USD
Finnfund's financing (commitment): 15,000,000
Instrument: Mezzanine
Jurisdiction of registration: India
Size of the project financing: 35,000,000
Share of Finnfund's financing (%): 43
Status: Active
Website: https://transvolt.in/

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Key facts

Name:

Transvolt Mobility Private Limited

Sector:

Transport and storage

Region:

Asia

Country:

India

Currency:

USD

Finnfund's financing (commitment):

15,000,000

Signing date (month/year):

November 2025

Last update:

February 2026