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India

Readily Mobility Solutions Crosses USD 6.5 Million ARR; Expands into Solar Vertical

New Delhi, India – August 29, 2025 – Readily Mobility Solutions Private Limited, India’s only clean energy focused aftersales service company and the nation’s largest EV aftersales network, today announced that it has successfully achieved an Annual Recurring Revenue (ARR) of USD 6.5 million.

This milestone underscores the company’s strong financial performance, operational scalability, and leadership in the electric mobility sector. The achievement reflects consistent growth driven by its partnerships with leading OEMs including Hero Electric, Greaves Ampere, Okinawa Electric, Ola Electric, Bounce, and several others.

Building on this momentum, Readily Mobility Solutions is strategically expanding into the Solar vertical, strengthening its vision to become a comprehensive clean energy solutions provider. The Solar business will focus on:
· Operations and maintenance services
· After-commissioning support for solar projects

This diversification aligns with India’s accelerating clean energy transition and creates a multi-sector platform for sustainable growth.

“Achieving USD 6.5 million ARR is a significant validation of our business model and execution capability,”
said Hiteshh Sharma, Founder & CEO of Readily Mobility Solutions. “Our expansion into the Solar vertical marks the next chapter of our journey, where we aim to replicate our EV aftersales success in another fastgrowing clean energy domain. The combination of EV and Solar positions us uniquely at the intersection of two transformative industries, and we are confident this will unlock long-term value for our stakeholders.”

With a rapidly growing client portfolio and strong EBITDA performance, Readily Mobility Solutions is poised to scale further as it integrates EV aftersales excellence with solar infrastructure services. The company’s clean energy focus continues to be at the core of its mission to enable a sustainable future.