When was GreenLine founded?

GreenLine was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is GreenLine located?

GreenLine is headquartered in Mumbai, India. It is registered at Office No. 14 & 15, Ground Floor, I.T. Tower -1, Infocity Complex, Near Indroda Circle, Gandhinagar, Indroda, Gandhi Nagar, Gandhinagar, Gujarat, India, 382007.

Which legal entities is GreenLine associated with?

GreenLine is associated with Greenline Mobility Solutions Limited.

How many employees does GreenLine have?

As of Jun 30, 2026, the latest employee count at GreenLine is 371.

Is GreenLine a funded company?

GreenLine is a funded company, having raised a total of $32M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 02, 2024.

How much is GreenLine worth?

The latest valuation of GreenLine is $***** as of Mar 28, 2025.

When was the latest funding round of GreenLine?

GreenLine's latest funding was a $***** Series A round on Mar 28, 2025, with participation from 2 investors.

What is the annual revenue of GreenLine?

Annual revenue of GreenLine is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does GreenLine rank among its competitors?

GreenLine ranks 1st amongst 24 active competitors, only 1 of which is funded. GreenLine, which secured $20M in Mar, 2025.

Who are the top competitors of GreenLine?

GreenLine's top competitors include E-Fill Electric, EVOLET and Zuwix. Among them, GreenLine secured the most recent funding round in March, 2025.

GreenLine - 2026 Company Profile, Team, Funding, Competitors & Financials

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

Series A, Mar 28, 2025, $*****

Post Money Valuation

$***** as on Mar 28, 2025

Investors

Golden Merchandisers & 6 more

Ranked

1^st among 24 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

371 as on Jun 30, 2026

Similar Companies

Remora & 105 more

View GreenLine's full profile

GreenLine is associated with 1 legal entity 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)	-

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	9156119	Series A	1259930	5962375	7052144	1048718
Jan 02, 2024	2126348	Seed	8760877	9044631	Golden Merchandisers	Subodh Maskara & 1 more

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View details of GreenLine's funding rounds and investors

Here 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
kdysshm	Team	-	Current	8y 4m
Nitin Gordhandas Dossa	Independent board member	-	Current	2y 5m
fsvwvd{	Independent board member	-	Current	3y 1m
nncxfkg	Independent board member	-	Current	5y 4m
rdxdwpu	Independent board member	-	Current	2y 6m
eklxycj	Independent board member	-	Past	7y 7m

View details of GreenLine's Founder profiles and Board Members

GreenLine's employee count trend

GreenLine has 371 employees as of Jun 26. Here is GreenLine's employee count trend over the years:

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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:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GreenLine 2021, Mumbai (India), Series A	Provider of sustainable transportation solutions using lng powered trucks and natural gas pipelines	$32M	CITOC, Exponentia Ventures & 5 others	66/100
2nd	E-Fill Electric 2019, Sonipat (India), Funding Raised	Manufacturer of electric vehicle chargers and electric three-wheeled vehicles	-	-	38/100
3rd	EVOLET 2019, Gurugram (India), Unfunded	Electric vehicle manufacturer	-	-	34/100
4th	Zuwix 2023, Noida (India), Unfunded	Online electric two-wheeler subscription platform	-	-	34/100
5th	Exter 2019, Bengaluru (India), Unfunded	Provider of battery swapping services for electric two-wheelers	-	-	33/100
6th	Fujiyama 2021, Delhi (India), Unfunded	Developer of electric scooters	-	-	32/100
7th	Anikaa EV 2022, Gurugram (India), Unfunded	Manufacturer of electric rickshaws	-	-	31/100
8th	Voltrix 2019, Chennai (India), Unfunded	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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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	88023	95978	57037	72833
Parent Entity	69.70%	2,850Cr	5984826	2101733	9633352	4694008
Enterprise	20.38%	833Cr	2156932	2417104	3571671	8738028
Angel	4.05%	166Cr	8892	3753	2264	6683
Subodh Maskara	7780	5159	9882	1139	4269	5920
ESOP Pool	0.43%	17.6Cr	0	0	0	0
Total	100.00%	4,090Cr	1226180	6969294	8058268	4876750