PE Fund Investments
EKA Mobility gets second tranche of investment from Mitsui & Co for EV expansion
Pune-headquartered EKA Mobility (Pinnacle Mobility Solutions) has received a second tranche of investment from Japan’s Mitsui & Co Ltd.Mitsui’s first investment in EKA had enabled the company to establish an R&D centre for electric commercial vehicles, driving new product development and expanding export footprints. The second tranche will bolster EKA Mobility’s manufacturing capabilities, accelerate new product development, extend market reach, and provide essential working capital.
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