06 Apr 2026
Deal: Trilegal advised SUN Mobility on its fundraise led by Helios Climate and PIDG
06 Aug 2025
06 Aug 2025
Trilegal advised SUN Mobility on its fundraise from Helios Climate in partnership with the Private Infrastructure Development Group (PIDG).
SUN Mobility, a global leader in energy infrastructure and battery swapping solutions for electric vehicles, runs a network of more than 900 battery swapping stations, supporting a fleet of over 50,000 electric vehicles. Its open-architecture, globally interoperable battery technology—designed and manufactured in India—caters to a broad range of vehicle segments, including two, three, and four wheelers, as well as heavy electric vehicles, in collaboration with several leading global OEMs.
With this investment, the total capital raised by SUN Mobility over the past year stands at ~USD 135 million. The capital infusion will drive launch of SUN Mobility’s Africa operations by deployment of Africa’s largest battery swapping network and continue to fuel SUNM’s domestic growth. Through this investment, SUN Mobility aims to strengthen the e-mobility supply chain in Africa and South-East Asia, focusing on batteries and quick interchange stations, and is expected to contribute to emission reduction and improved air quality through accelerated EV adoption.
Trilegal advised SUN Mobility on all legal aspects of the fundraise, including deal structuring, documentation, and closing assistance.
The Trilegal team was led by Partners: Yogesh Singh, Kabeer Mathur, Jyotsna Jayaram, and Swarnima; and supported by Counsel: Rangam Sharma; Senior Associates: Chinmay Bilgi, Akanksha Ravi, Swetha Sethuraman, Ushashi Nan, and Madhav Thampi; and Associates: Praduta Singh and Rajdeep Mukherjee.
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About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With more than 140 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,100 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024, India Deal Firm of the Year at the Asian Legal Business (ALB) India Law Awards in 2023, and Best Law Firm to Work by Vahura in 2022.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
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