EV maker EKA Mobility raises Rs 200 crore from ENAM Holdings

Here’s a structured summary based on the provided content regarding EKA Mobility:
Fundraising Details:
- Startup: EKA Mobility
- Founders: Sudhir Mehta
- Investor: ENAM Holdings
- Funding Amount: Rs 200 crore
- Funding Series: Convertible preference shares
- Date of Fundraise: [Date not specified in text]
Key Information:
- Headquarters: Pune, India
- Current Operations: Two operational plants (Pune, Chakan) and a third under construction in Madhya Pradesh.
- Future Production Capacity: Expected to reach up to 5,000 vehicles monthly.
- Order Book: 3,000 buses
- Planned Deliveries: 2,000 – 2,500 buses in the current financial year
- Target Production Rate: 1,000 buses per month by next year
Strategic Focus:
- EKA plans to develop a range of electric vehicles (EVs), catering to both passenger and goods transportation.
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2025-06-28 08:33:19