EKA Mobility Bags INR 200 Cr in Funding

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SUMMARY

EKA Mobility has closed the funding from Enam Holdings

The fundraise will elevate the Pune-based EV maker to unicorn status based on achievements of internal targets

The fresh capital will be deployed to expand EKA’s existing e-bus manufacturing in Pune and set up a third manufacturing facility in Pithampur, Madhya Pradesh

Pune-based electric vehicle manufacturer EKA Mobility has raised INR 200 Cr (around $23 Mn) in a fresh funding round from Enam Holdings to expand its manufacturing capacity.

Sudhir Mehta,…



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EKA Mobility Bags INR 200 Cr in Funding


SUMMARY

EKA Mobility has closed the funding from Enam Holdings

The fundraise will elevate the Pune-based EV maker to unicorn status based on achievements of internal targets

The fresh capital will be deployed to expand EKA’s existing e-bus manufacturing in Pune and set up a third manufacturing facility in Pithampur, Madhya Pradesh

Pune-based electric vehicle manufacturer EKA Mobility has raised INR 200 Cr (around $23 Mn) in a fresh funding round from Enam Holdings to expand its manufacturing capacity.

Sudhir Mehta,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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