Debt financing
EV charging infra startup ThunderPlus raises Rs.3-Cr debt from SBI
Hyderabad-based ThunderPlus has raised INR 3 crore in structured institutional debt funding from the State Bank of India, under the government's CGTMSE framework.Founded in January 2024, ThunderPlus is an electric vehicle charging infrastructure company. The company will deploy the capital to expand its charging infrastructure along high-demand corridors, increase ultra-fast charging capacity, and optimise working capital cycles.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
