Kabira Mobility Secures $50 Million Funding
03/17/23, 12:24 PM
Location
mumbaiMoney raised
$50 million
Industry
automotive
Electric two-wheeler maker Kabira Mobility on Friday said it has secured $50 million (around Rs 412 crore) funding from Qatar-based Al-Abdulla Group. The Panjim-based company plans to utilise the capital to fund its future growth in the country. The company plans to ramp up production capacity of its electric bikes KM3000, KM4000, introduce new products and enhance sales infrastructure across the country. The company currently has an installed production capacity of 40,000 units a month at its Dharwad-based plant in Karnataka
Company Info
Location
mumbai, maharashtra, india
Additional Info
Kabira Mobility is an Electric 02 Wheeler Start-up based out at Verna Goa, at KM we build a Smart, Connected and Affordable Mobility Experience for our Customers. We have launched KM3000 & KM4000, India's Fastest and Longest Riding Electric Bikes.