Hala Mobility’s ₹12.25 crore fundraise on Bharat ke Super Founders is more than a headline-grabbing television moment. It reflects a deeper shift underway in India’s mobility landscape, where electric vehicles, technology, and livelihoods are converging to build scalable, purpose-driven businesses.
Backed by investors including Nazara’s Nitish Mittersain, Anikarth Ventures, and Recur Club, the EV-as-a-service startup is now setting its sights on an ambitious growth plan. Hala aims to scale revenue from ₹22 crore to ₹92 crore while tripling its fleet to 9,000 vehicles, laying the groundwork for a longer-term vision of reaching 100,000 vehicles and beyond.
Founded by Srikanth Reddy, Snehith Reddy Meda, and Anand Pareek, Hala Mobility is solving a very Indian problem. Millions of gig workers depend on two- and three-wheelers for daily income, yet access to affordable, reliable vehicles remains a major barrier. Hala’s integrated EV ecosystem tackles this head-on by offering asset-light, subscription-based access to electric vehicles, bundled with technology, maintenance, and operational support.
What sets Hala apart is its focus on unit economics and capital discipline in a sector often criticised for subsidy dependence. Investors repeatedly pointed to the company’s financial clarity and execution mindset. As Recur Club’s Eklavya Gupta noted, this is a business being built for the long term, where the right capital choices matter as much as rapid scale.
There is also a strong climate and social narrative underpinning the model. Anikarth Ventures’ Dr Aarti Gupta highlighted how Hala represents climate-first infrastructure that does not trade off impact for profitability. By enabling gig workers to shift to EVs, the company delivers lower operating costs, reduced emissions, and more predictable incomes a rare alignment of environmental and economic value.
Nazara’s Nitish Mittersain framed the opportunity clearly: India’s gig economy is expanding fast, but its infrastructure has lagged behind. Hala’s ability to integrate technology with on-ground operations positions it as a critical enabler at the frontlines of the EV transition.
For digital marketers and startup watchers, Hala Mobility’s rise is a reminder that India’s next wave of high-growth companies will not be built on flashy apps alone. They will be built on deep operational execution, scalable infrastructure, and purpose-led models that serve Bharat at scale.
As EV adoption accelerates and gig platforms continue to expand, Hala Mobility is betting that the future of mobility in India will be electric, accessible, and dignity-driven and this latest funding round gives it the fuel to move faster toward that vision.
