GreenLine Partners with Shriram Finance to Scale Up Green Logistics

Enters next phase of growth in green mobility Mumbai | Chakan, Pune | May 07th, 2025: GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, today flagged off a new fleet of LNG-powered trucks at Chakan, Pune. The deployment is supported by Shriram Finance […]

Black Box earmarks Rs 100 crore to ramp up India presence

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Essar Group firm Black Box, a global digital infrastructure integrator, has earmarked about Rs 100 crore to fuel its India expansion, as it looks to more than double its India business in the next few years. A huge chunk of this investment — which represents about a quarter of Black Box’s recent Rs 410 crore […]

Black Box targets doubling India revenue as digital demand surges

Black Box Limited : EBITDA for the quarter grew by 62% YoY to Rs. 116 crores while profit after tax for Q3FY24 stood at Rs. 41 crore

Black Box Ltd, a digital infrastructure firm listed on the Bombay Stock Exchange, is aiming to double its India revenue within the next three to four years, as the country ramps up modernisation and demand for advanced digital infrastructure intensifies, a top executive said. “This is a comprehensive digital infrastructure overhaul in India,” said Sanjeev […]

GreenLine flags off LNG truck fleet for Bekaert to drive sustainable logistics

Mumbai, April 24, 2024: GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, has partnered with Bekaert, a global leader in tire reinforcement technology, to decarbonise road logistics and support India’s vision of a gas-based economy. The partnership was flagged off with the deployment […]

We Plan to Scale our EV, LNG truck fleet to 10,000 Vehicles: GreenLine CEO Anand Mimani

At present, we operate a fleet of 650 LNG trucks, which forms the backbone of our sustainable logistics strategy, said Anand Mimani, CEO, GreenLine Mobility Solutions in an interview with Abha Rustagi, Associate Editor, Energetica India. Que: Can you share the vision behind GreenLine Mobility Solutions and its role decarbonising India’s road logistics sector? Ans: GreenLine Mobility Solutions envisions […]

GreenLine invests $275m in Green Logistics; Nikhil Kamath invests $20m

Mumbai, 10th April 2025: GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, has announced a $275 million equity investment to accelerate the decarbonisation of heavy trucking in India. This includes a $20 million investment from Nikhil Kamath, marking a significant boost to India’s […]

Black Box Appoints Jai Venkat as Chief Revenue Officer Americas

New Leader Set to Bolster Growth and Revenue PLANO, Texas, and MUMBAI — April 8, 2025 — Black Box®, a leading digital infrastructure solution provider, today announced the appointment of Jai Venkat as the company’s chief revenue officer in the Americas. Venkat will lead revenue strategy and execution, driving growth, bolstering account management and accelerating […]

GreenLine lines up additional $1 billion to expand green fleet

EYEING ECO-FRIENDLY FUTURE GreenLine Mobility Solutions, a logistics firm backed by the Essar Group, is raising $275 million in equity from promoters and investors, including Nikhil Kamath, cofounder of online stock-trading platform Zerodha, at an undisclosed valuation. This is part of a $1 billion fresh investment, including equity, reflects GreenLine’s ambition to offer greener logistics […]