EKA Mobility Raises INR 500 Cr To Boost EV Manufacturing Capacity

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SUMMARY

EKA Mobility, a Pune-based OEM, raised funds from NIIF’s India-Japan Fund in a strategic investment

The capital will be used to expand manufacturing, accelerate R&D, grow the product portfolio, and enable both domestic and international market entry

Eka Mobility last raised INR 200 Cr from Enam Holdings to expand its manufacturing capacity in June

EV manufacturer EKA Mobility has raised a strategic investment of INR 500 Cr (about $57 Mn) from National Investment and Infrastructure Fund Limited’s (NIIF)…



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EKA Mobility Raises INR 500 Cr To Boost EV Manufacturing Capacity


SUMMARY

EKA Mobility, a Pune-based OEM, raised funds from NIIF’s India-Japan Fund in a strategic investment

The capital will be used to expand manufacturing, accelerate R&D, grow the product portfolio, and enable both domestic and international market entry

Eka Mobility last raised INR 200 Cr from Enam Holdings to expand its manufacturing capacity in June

EV manufacturer EKA Mobility has raised a strategic investment of INR 500 Cr (about $57 Mn) from National Investment and Infrastructure Fund Limited’s (NIIF)…



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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