Tailored e-mobility solutions

At Vertelo we’re helping to redefine transportation for a more sustainable India. Working across the e-mobility ecosystem, our mission is to transform transportation across India by helping to drive large-scale adoption of electric vehicles.

We provide bespoke electric mobility solutions tailored to our customers’ requirements and designed to make fleet electrification an easy transition.

Our flexible leasing and financing solutions help to reduce upfront costs, while our charging and fleet management services provide certainty around charging infrastructure and energy supply, EV technology performance and fleet digitisation.

Transportation is India’s third largest greenhouse gas emitting sector, producing around 13% of the country’s CO2 emissions.1 Decarbonising the sector represents a huge challenge and opportunity and is a key priority in India’s 2070 Net Zero Pledge.2

Our journey is rooted in the belief that the future of transportation in India can be more sustainable, efficient and beneficial to our communities. We are driven by a commitment to sustainability, health and safety and transforming the way India moves.

Our services

Leasing and financing solutions

Fleet management services

Charging infrastructure 
& energy solutions

End of vehicle life management

Working in partnership

Vertelo is backed by Green Climate Fund which has approved a commitment for up to $US200 million of equity, in partnership with Macquarie Asset Management, part of the Macquarie Group. We aim to mobilise $US1.5 billion over 10 years and deliver potential reduction of ~9.5MtCO2e of greenhouse gas emissions. More information can be found here.

Green Climate Fund

Green Climate Fund (GCF) is a fund established within the United Nations Framework Convention on Climate Change (UNFCCC). As the world’s largest climate fund, GCF accelerates transformative climate action in developing countries through a country-driven approach and use of flexible financing solutions and climate investment expertise. GCF operates through a network of over 200 Accredited Entities and delivery partners who work directly with developing countries for project design and implementation.

Its partners include international and national commercial banks, multilateral, regional and national development finance institutions, equity funds institutions, United Nations agencies, and civil society organizations.

This investment is GCF’s first private sector programme dedicated to the e-mobility sector.

Macquarie Asset Management

Macquarie Asset Management (MAM) is a global asset manager, integrated across public and private markets. MAM provides a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset.

MAM is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities.

1. International Energy Agency, India. Data downloaded 11/05/2023. Proportion of emissions attributed to the transport sector in 2020 (13%) was calculated by comparing the CO2 emissions from transport in India in 2020 (270 MtCO2) to the total CO2 emissions in India in 2020 (2075 MtCO2).