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JBM Ecolife raises Rs 900 crore from Motilal Oswal Fund for biz expansion
JBM Ecolife Mobility, JBM Auto's electric mobility arm, secured ₹900 crore from Motilal Oswal Private Credit via debt and equity. This funding will bolster its electric bus expansion, enabling participation in tenders and execution of contracts. The capital infusion is projected to scale the platform to nearly 5,000 buses from its current 2,000.
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economictimes.indiatimes.com
JBM Ecolife raises Rs 900 crore from Motilal Oswal Fund for biz expansion
JBM Ecolife Mobility, JBM Auto's electric mobility arm, secured ₹900 crore from Motilal Oswal Private Credit via debt and equity. This funding will bolster its electric bus…
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JBM Auto secures Rs 750 crore investment for e-bus deployment
JBM Auto's unit has secured a significant Rs 750 crore long-term investment from Motilal Oswal to deploy 2,000 e-buses and bolster India's sustainable public transit. This…
