LeafyBus, a company that runs electric buses between cities, has raised $4.1 million in a Pre-Series A funding round from Enetra EV, which is supported by Singapore-based Impact Capital Asia Management (ICAM).
Based in Delhi, LeafyBus plans to grow its electric bus fleet and operations. Founder Rohan Dewan said the startup will add 100 more buses in the next two years. Enetra, a company that provides financing solutions, helps businesses adopt electric vehicles like buses and trucks.
“Expanding electric bus services on intercity routes brings many challenges from planning routes and managing charging infrastructure to ensuring fleet reliability and earning passenger trust. With this funding, we can improve how we manage our fleet, communicate with passengers in real time, and predict maintenance needs more accurately,” LeafyBus Co-Founder Animesh Sharma said.
LeafyBus was started in 2023 by Rohan Dewan and Animesh Sharma. It is an online platform that runs electric buses for intercity travel within 300 km of Delhi.
Right now, LeafyBus operates on the Delhi-Dehradun and Delhi-Agra routes, and it plans to expand to cities like Chandigarh, Jaipur, and more. It competes with other bus operators like NueGo, Redbus, Fresh Bus, Yolobus, Zing Bus, and FlixBus.
LeafyBus says it is the only company running long-distance electric buses that use a 360 kW fast-charging station. Its buses come from manufacturers like JBM and Azad India Mobility, and it plans to work with Tata and Eicher to grow its fleet in the next two years.
The company uses a hybrid model—about 20–25% of the buses are owned, and the rest are leased. LeafyBus aims to make a revenue of INR 75–80 crore by FY26.
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