GreenLine - About the company
GreenLine is a series A company based in Mumbai (India), founded in 2021. It operates as a Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines. GreenLine has raised $32M in funding from Golden Merchandisers and Nk Enterprises Holding, with a current valuation of $*****. The company has 24 active competitors, including 1 that is funded. Its top competitors include companies like E-Fill Electric, EVOLET and Zuwix.
Company Details
Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines. It offers clean freight transportation services,decarbonizing heavy trucking logistics for corporate clients. They provide access to natural gas to off grid locations enabling esg compliance. Its solutions aim to reduce emissions from road logistics and improve esg performance for industries.
- Website
- greenline.in
- Social
- Email ID
- *****@greenline.in
- Phone Number
- +91 **********
- Registered Address
- Office No. 14 & 15, Ground Floor, I.T. Tower -1, Infocity Complex, Near Indroda Circle, Gandhinagar, Indroda, Gandhi Nagar, Gandhinagar, Gujarat, India, 382007
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Series A
Total Funding
$32M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 28, 2025
Investors
Ranked
1st among 24 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
374 as on Jul 31, 2026
Legal entities associated with GreenLine
GreenLine is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Greenline Mobility Solutions Limited CIN: U60300GJ2021PLC120557 , India, Active | Feb 24, 2021 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
GREEN PLANET TRANSPORTATION PRIVATE LIMITED CIN: U52290MH2023PTC401850 , India, Active | Apr 28, 2023 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - |
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GreenLine's funding and investors
GreenLine has raised a total funding of $32M over 2 rounds. Its first funding round was on Jan 02, 2024. Its latest funding round was a Series A round on Mar 28, 2025 for $*****. 2 investors participated in its latest round. GreenLine has 5 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of GreenLine:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 28, 2025 | 1746171 | Series A | 2370066 | 9313914 | 2298418 | 1380732 |
Jan 02, 2024 | 9725893 | Seed | 4935739 | 3469531 |
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GreenLine's founders and board of directors
Founder? Claim ProfileHere are the details of GreenLine's key team members:
- Madhur Taneja: CEO of GreenLine. Contact Info: 1 email address
GreenLine's Board of Directors
GreenLine's board has 6 active members. Kaizad Pesi Palia is part of team and Nitin Gordhandas Dossa, Satish chand Chand Mathur, Sharvari Kishore Kulkarni, Bhuwan Chandra Tripathi and Anshuman Shashikant Ruia are independent board members.Here is the list of GreenLine's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
xzjcenh | Team | - | Current | 5y 3m |
Independent board member | - | Current | 2y 5m | |
dkseelg | Independent board member | - | Current | 4y 5m |
twggos{ | Independent board member | - | Current | 1y 6m |
y{wi{sg | Independent board member | - | Current | 9y 8m |
l{dxa{r | Independent board member | - | Past | 4y 7m |
View details of GreenLine's Founder profiles and Board Members
GreenLine's employee count trend
GreenLine has 374 employees as of Jul 26. Here is GreenLine's employee count trend over the years:
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GreenLine's Competitors and alternates
Top competitors of GreenLine include E-Fill Electric, EVOLET and Zuwix. Here is the list of Top 10 competitors of GreenLine, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines | $32M | 66/100 | ||
2nd |  E-Fill Electric 2019, Sonipat (India), Funding Raised | Manufacturer of electric vehicle chargers and electric three-wheeled vehicles | - | - | 38/100 |
3rd | Electric vehicle manufacturer | - | - | 34/100 | |
4th | Online electric two-wheeler subscription platform | - | - | 34/100 | |
5th | Provider of battery swapping services for electric two-wheelers | - | - | 33/100 | |
6th | Developer of electric scooters | - | - | 32/100 | |
7th | Manufacturer of electric rickshaws | - | - | 31/100 | |
8th | Developer of electric bicycles | - | - | 28/100 | |
9th | Preusse Powertrain 2019, Bengaluru (India), Unfunded | Manufacturing startup specializing in next-generation powertrain technology | - | - | 28/100 |
10th | Envirosmart 2018, Hyderabad (India), Unfunded | Developer of electric conversion kits for rickshaws | - | - | 28/100 |
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GreenLine's Latest cap tables and shareholding
Funds own 5.44%, Parent Entities (largest shareholder) own 69.70%, Enterprises own 20.38% and Angels own 4.05%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Fund | 5.44% | 222Cr | 57894 | 14517 | 26657 | 97805 |
Parent Entity | 69.70% | 2,850Cr | 6915863 | 5956552 | 2091033 | 5873937 |
Enterprise | 20.38% | 833Cr | 7928463 | 2937699 | 6642764 | 9908517 |
Angel | 4.05% | 166Cr | 4321 | 1836 | 7938 | 3241 |
8050 | 4060 | 5079 | 7583 | 2854 | 4117 | |
ESOP Pool | 0.43% | 17.6Cr | 0 | 0 | 0 | 0 |
Total | 100.00% | 4,090Cr | 3130667 | 5883376 | 4512665 | 8369676 |
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DisclaimerView more details of GreenLine's Shareholding
GreenLine's Investments and acquisitions
GreenLine has made no investments or acquisitions yet.
Reports related to GreenLine
Here is the latest report on GreenLine's sector:
News related to GreenLine
Filter this listMedia has covered GreenLine for a total of 11 events in the last 1 year, 9 of them have been about company updates and 1 about people movement.
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GreenLine Partners with Dabur India to Deploy LNG Trucks for Greener LogisticsThe Hindu•Jul 23, 2026•GreenLine, Dabur
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GreenLine to invest Rs 1,500 cr in LNG trucking push, sees major diesel savingsNewsDrum•May 22, 2026•GreenLine
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Tech funding cools in Maharashtra and Karnataka as large rounds dry upFortune India•Nov 26, 2025•Venture Catalysts, Antler, GreenLine
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India’s Startup Ecosystem Retains Global No. 3 Spot Despite 23% Funding Drops in 2025Times Now News•Sep 26, 2025•Erisha E Mobility, GreenLine, Infra.Market, Access Healthcare and 1 other
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Tech startup funding in India slips 23% to $7.7 billion in Jan–Sep 2025 YoYNew Indian Express•Sep 25, 2025•Erisha E Mobility, GreenLine, Infra.Market, Access Healthcare and 1 other
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India overtakes Germany, France to become world’s 3rd-largest tech startup hubStoryboard18•Sep 25, 2025•Erisha E Mobility, GreenLine, Infra.Market, Access Healthcare and 1 other
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Greenlines’ Mobility Carbon Engine (MCE™) Debuts in Moovit’s Mobility App, Unlocking Carbon MarketsBusiness Wire•Aug 20, 2025•GreenLine, Moovit
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