3ev Industries Private Limited announced that it has received INR 1.2 billion in funding from Thackersey Group, Mahanagar Gas Limited, Equentis Wealth Advisory Services, Investment Arm and other investors
Published on 11/26/2025
at 07:36 am EST - Modified on 11/25/2025
3ev Industries Private Limited announced that it has received INR 1.2 billion in a round of funding led by returning investor, Mahanagar Gas Limited on November 26, 2025. The transaction including participation from new investors, Thackersey Group, Equentis Angel Fund, a fund managed by Equentis Wealth Advisory Services, Investment Arm and HNIs, UHNIs, family offices.
Mahanagar Gas Limited is an India-based natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad districts of Maharashtra. It operates through the selling of the natural gas segment. It offers PNG for domestic, commercial and industrial purposes. Its domestic PNG is used for various purposes like cooking and water heating. It is also used by hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship and others. It offers PNG for various industries, including metal, pharmaceuticals, food and beverages, printing and dyeing, oil mills, power generation and air conditioning. It supplies CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial vehicles (LCVs)/ tempos/ trucks/private buses. It also installs gas geysers.
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3ev Industries Private Limited announced that it has received INR 1.2 billion in funding from Thackersey Group, Mahanagar Gas Limited, Equentis Wealth Advisory Services, Investment Arm and other investors
