Urja Mobility Appoints Parveen Sabharwal As Director
Urja Mobility appointed Parveen Sabharwal as Director. Sabharwal, with extensive experience in banking and finance, will guide the company's growth and innovation in the e-mobility sector. His expertise aligns with Urja Mobility's mission to revolutionize energy consumption. This appointment follows successful Pre-Series A funding, enabling expansion of EV battery leasing operations and infrastructure. Urja Mobility aims to raise an additional Rs 250 crore by early 2025 to further its market presence.=po
Urja Mobility Appoints Parveen Sabharwal As Director
Urja Mobility announced the appointment of Parveen Sabharwal as Director. With more than four decades of experience in banking and finance, Sabharwal’s leadership is set to play a pivotal role in the company’s growth trajectory and innovation in the e-mobility landscape.
Recognised for his expertise in credit underwriting, policy formulation, and team building, Sabharwal has a track record of cultivating strong business relationships and delivering results. His understanding of the green energy ecosystem aligns with Urja Mobility's mission to revolutionise energy consumption and supply chain management for the e-mobility sector.
Currently serving as Vice President of Corporate Strategies at a leading NBFC in EV, Sabharwal oversees approvals for credit proposals and loans and coordinates with senior management to drive acquisitions and diversify the product portfolio. Additionally, as the former CEO of Mufin Green Finance, he spearheaded initiatives in sustainable finance.
Pankaj Chopra, founder, Urja Mobility, stated, “Sabharwal’s expertise and strategic insights will be instrumental in guiding us through our next phase of growth. His appointment reinforces our commitment to building a robust and sustainable e-mobility ecosystem in India.”
The leadership enhancement comes on the heels of Urja Mobility's successful Pre-Series A funding, led by Mufin Green Finance Limited and Hindon Mercantile Limited. The capital infusion will drive the expansion of Urja Mobility’s EV battery leasing operations and fortify its infrastructure. With a target to raise an additional Rs 250 crore by early 2025, the company aims to further its footprint in the e-mobility landscape.
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