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GreenCell raises ₹330 crore from Danish Fund for 4,500 bus expansion

The Danish investment adds to existing capital commitments, including ₹1,080 crore from Green Growth Equity Fund and ₹800 crore in mezzanine financing

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GreenCell raises ₹330 crore from Danish Fund for 4,500 bus expansion

The Danish investment adds to existing capital commitments, including ₹1,080 crore from Green Growth Equity Fund and ₹800 crore in mezzanine financing

GreenCell Mobility, backed by Eversource Capital, has raised 330 crore in equity from Impact Fund Denmark to support the rollout of around 4,500 electric buses, even as execution delays, battery-perf…

Originally published by BusinessLine. Read the full article →

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