Other Private Equity/Strategic Investments

E-cycle maker Motovolt Mobility in talks to raise Rs.100-Cr

Economic Times  

Electric-cycle maker Motovolt Mobility Pvt Ltd is in talks with domestic and foreign private equity investors to raise INR 100 crore to foray into e-scooter and e-bike segments, to ramp up its manufacturing capacity and for expansion of retail network. The company manufactures e-cycles at its Taratola plant near Kolkata.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.