GreenCell Mobility raises USD 89 million in a funding round led by IFC, BII, and Tata Capital to expand its electric bus fleet under India’s National E-Bus Programme.
Amount Raised
$89 Million
Round Type
Debt Financing
MumbaiTransportationAutomotiveInvestors
Description
GreenCell Mobility has announced the completion of a USD 89 million mezzanine funding round led by the International Finance Corporation, British International Investment, and Tata Capital. The funding will support India's clean mobility goals by expanding its fleet of electric buses to 3,700 vehicles. GCM currently operates over 1,200 electric buses and 270 charging stations across the country. This capital infusion demonstrates confidence in the initiative to improve public transportation and reduce carbon emissions.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as GreenCell Mobility that raised within 45 days of this round, from Fundz verified event records.
- Azio AI Holdings, Inc. raised $3.9M on March 6, 2026.
- KargoBot raised $100M (Series B) on March 2, 2026.
- Dat Bike raised $26M (Series B) on March 1, 2026.
- Einride raised $113M (Post-IPO Equity) on February 28, 2026.
- Pluto Mobility raised $2M (Seed) on February 19, 2026.
- SLEEK EV raised $8.5M (Series A) on February 5, 2026.
Who to call at GreenCell Mobility, and when
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- An alert the day GreenCell Mobility raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GreenCell Mobility, from your own LinkedIn network
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Related People
GreenCell 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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