ARC Electric has announced that it has reached profitability for the financial year 2024–25, becoming the first B2B electric mobility startup in India to achieve this milestone. The company’s claim to sustainable growth comes at a time when many startups in the electric vehicle space are either downsizing or exiting the market due to unviable operations or funding constraints.
ARC Electric has gained traction in the enterprise segment by offering tailored EV infrastructure and fleet solutions to large corporates, including several Global Capability Centres (GCCs) and Fortune 500 companies. These partnerships, which have helped secure recurring business, are expected to contribute significantly to its future growth pipeline.
Abhinav Kalia, Founder and Chief Executive Officer, ARC Electric, stated that the challenge was not just to scale operations, but to do so in a cost-conscious and market-relevant manner. He emphasised that profitability signals long-term sustainability, rather than a short-term push to grow at any cost.
In addition to deploying charging infrastructure, the company has been working on integrated fleet solutions for logistics and staff mobility across large campuses. This operational diversity appears to have played a role in stabilising revenues and reducing dependence on any one vertical. By building local vendor alliances and reducing hardware imports, ARC Electric has further insulated itself from volatility in the global EV supply chain.
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