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GreenCell Mobility raises Rs 330 crore (USD 34.6M) led by Impact Fund Denmark to deploy 4,500 electric buses across India.
Amount Raised
$34.6 Million
Round Type
Venture
Investors
Description
GreenCell Mobility, an electric mobility startup, has raised Rs 330 crore (USD 34.6 million) in an equity funding round led by Impact Fund Denmark. The capital will support the deployment of approximately 4,500 electric buses and expand the company's fleet to over 5,000 buses across 105 Indian cities. The funds will strengthen operational capabilities and support execution of existing deployment plans. GreenCell Mobility operates over 1,200 electric buses and 270 charging stations under the NueGo brand.
Fundz sees it the moment GreenCell Mobility raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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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