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EKA Mobility raises $57 million in Series A round led by NIIF India-Japan Fund to boost manufacturing and expand its operations.

PRIVATEOct 17, 2025

Amount Raised

$57 Million

Round Type

Series A

PuneManufacturingTransportationAutomotive

Investors

Niif India Japan Fund

Description

EKA Mobility has successfully raised $57 million in a Series A funding round to enhance its manufacturing capacity and R&D capabilities. The investment, led by the NIIF India-Japan Fund, will also support marketing efforts domestically and internationally. The EV manufacturer aims to accelerate the adoption of electric mobility across India. This funding comes as the company is experiencing significant demand for electric buses with over 3,300 orders received.

Quick answer

EKA Mobility raised $57 Million in a Series A round, dated October 17, 2025. Investors: Niif India Japan Fund. EKA Mobility is based in Pune, Maharashtra, India.

How much did EKA Mobility raise?
EKA Mobility raised $57 Million in a Series A round on October 17, 2025.
Who invested in EKA Mobility?
Niif India Japan Fund is named as investors in this round.
What does EKA Mobility do?
EKA, a subsidiary of Pinnacle Industries Ltd, is an automotive & technology company, introducing, sustainable, profitable & efficient new energy commercial vehicles & solutions to accelerate mass adaptation
Where is EKA Mobility based and how big is it?
EKA Mobility is based in Pune, Maharashtra, India.
Who are the decision-makers at EKA Mobility?
Fundz holds 1 contact at EKA Mobility. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as EKA Mobility that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $300M (Funding Round) on September 4, 2025.
  • 3ev Industries raised $13M (Series A) on November 26, 2025.
  • General Motors (GM) raised $1B (Post-IPO Equity) on October 27, 2025.
  • Einride raised $100M (Funding Round) on October 1, 2025.
  • iGoWise Mobility raised $924K (Pre-Seed) on September 29, 2025.
  • FERNRIDE raised $21M (Series A) on September 4, 2025.

Who to call at EKA Mobility, and when

A new round usually means EKA Mobility is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day EKA Mobility raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at EKA Mobility, from your own LinkedIn network

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Company Information

Company

EKA Mobility

Location

Pune, Maharashtra, India

About

EKA, a subsidiary of Pinnacle Industries Ltd, is an automotive & technology company, introducing, sustainable, profitable & efficient new energy commercial vehicles & solutions to accelerate mass adaptation

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

EKA Mobility raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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