Transvolt Mobility, India secures USD 20 million funding from IFC for electric fleet expansion
On July 18, IFC, a member of the World Bank Group, announced a USD 20 million equity investment in Transvolt Mobility Private Limited (Transvolt) as part of a USD 50 million financing round. This marks IFC’s first equity investment in an electric vehicle platform in India and globally.
The investment is intended to h....
The investment is intended to h....
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