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.

If you have further information or a specific date, let me know!

Source link

2025-06-28 08:33:19