Hala Mobility, an emerging Indian electric vehicle (EV) startup, has successfully raised ₹30 crore under its Hala+ FOCO model. This fresh funding will enable the company to expand its fleet, strengthen operations, and bring sustainable mobility solutions to more Indian cities. The Hala+ FOCO (Franchise Owned, Company Operated) model allows investors to fund EV assets while Hala Mobility professionally manages the fleet. This ensures high operational efficiency, transparency, and strong returns for investors.
How Hala+ FOCO Works
The Hala+ FOCO model is designed to make EV investment simple, transparent, and profitable. Investors contribute funds for vehicles, and Hala takes care of maintenance, scheduling, charging, and day-to-day operations. This professional management ensures that the fleet runs smoothly, delivers maximum utilization, and generates stable returns. According to Hala Mobility, the model offers an Internal Rate of Return (IRR) of 25.1%, making it an attractive option for investors seeking both profit and social impact.
Each ₹1 crore invested through Hala+ FOCO helps create employment for around 200 riders and reduces nearly 400 tonnes of carbon dioxide annually. Beyond financial benefits, the model also supports battery recycling, refurbishment, and sustainable operations. Hala Mobility’s transparent reporting allows investors to track the performance of their assets in real-time, giving confidence in the growth and impact of their investments.
Funding to Accelerate Green Mobility
The newly raised ₹30 crore will be used to deploy over 6,000 electric vehicles across multiple cities, including Kochi, Trivandrum, Chennai, Coimbatore, Mumbai, and Pune. Hala is also working closely with self-help groups and micro-entrepreneurs, particularly women-led teams, to operate these vehicles. The company provides comprehensive support, including vehicles, charging infrastructure, financing options, insurance, training, and data-driven tools. This approach makes it easier for local operators to start and manage EV businesses efficiently while earning a stable income.
In addition to Hala+, the company also runs a FOFO (Franchise Owned, Franchise Operated) model called Hala One, where franchise partners operate EVs while Hala provides operational support, training, and analytics. Both models are aimed at promoting sustainable urban mobility while generating employment and reducing the carbon footprint of cities.
Why This Expansion Matters
Hala Mobility’s expansion is a significant step toward a cleaner and more inclusive transportation ecosystem. By focusing on professional management and community-led operations, the startup not only helps cities reduce pollution but also empowers individuals and local communities. Every vehicle deployed under Hala+ FOCO contributes to lowering emissions, creating new jobs, and enabling micro-entrepreneurs to build sustainable livelihoods.
The startup’s vision combines profitability with social and environmental responsibility. Investors benefit from strong returns, operators gain secure jobs, and cities enjoy greener transport solutions. Hala Mobility’s innovative approach demonstrates that electric mobility can be both financially rewarding and environmentally impactful.
The Road Ahead
Looking forward, Hala Mobility plans to expand its fleet further, bringing 5,000 additional electric vehicles on Indian roads in the near future. The company aims to make electric mobility accessible, reliable, and profitable for everyone involved. By merging technology, community engagement, and sustainability, Hala Mobility is setting an example of how startups can lead India’s journey toward clean and inclusive urban transportation.