US EditionEKA Mobility secures ₹200 Cr from ENAM Holdings – Telematics Wire
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EKA Mobility secures ₹200 Cr from ENAM Holdings – Telematics Wire
Electric commercial vehicle manufacturer EKA Mobility has successfully raised ₹200 crore (approximately $24 million USD) from ENAM Holdings through convertible preference shares. This significant capital infusion will help in EKA’s growth, as stated by founder Sudhir Mehta. EKA Mobility intends to use the new capital to boost its manufacturing capacity at its three production sites. The company’s Pune bus plant is in its initial operational phas…
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