Private Equity Other Private Equity/Strategic Investments
NBFC StrideOne acquires stake in last-mile EV logistics platform MoEVing
Business Line StrideOne, a non-banking financial company (NBFC), has acquired a stake in Gurugram-based last-mile electric vehicle (EV) logistics platform, MoEVing . Under the deal, StrideOne will be taking over MoEVing's financing function.
StrideOne plans to deploy INR 1,000 crore in the next 12-18 months towards EV financing.