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