PE-VC Fund Investments
Intercity electric bus operator LeafyBus raises $4.1 M
New Delhi-based intercity electric bus operator LeafyBus has raised USD 4.1 million (INR 36 crore), led by Enetra India, with participation from Singapore-based Impact Capital Asia Management (ICAM).The fresh funding will be used by the 2023-founded company to scale to more than 100 buses (from the current 10) over the next 18-24 months across major intercity corridors in India. The company also plans to deploy its expanded fleet across high-demand routes connecting Agra, Lucknow, Chandigarh, Amritsar, and Patna.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
