GreenCell Mobility Raises ₹330 Cr To Expand Electric Bus Fleet

Everstone Capital-backed EV startup GreenCell Mobility has raised ₹330 Cr ($34.6 Mn) in an equity funding round led by Impact Fund Denmark to support the rollout of about 4,500 electric buses currently under deployment. The Mumbai-based startup is eyeing expanding its fleet to more than 5,000 e-buses across 105 cities across India. “Our focus is on executing our order book with rigour, strengthening service delivery and ensuring that the organisation keeps pace with the size and complexity of ou