Shakti EV Mobility Private Limited announced that it expects to receive INR 1.1429 billion in funding from Shakti Pumps Limited

Shakti EV Mobility Private Limited announced that it will raise INR 1142.9 million in a round of funding on October 11, 2023. The transaction included participation from returning investor, Shakti Pumps (India) Limited. The transaction will be close in one or more tranches, in the next five years.