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.
JBM Ecolife Mobility, JBM Auto's electric arm, successfully raised ₹900 crore from Motilal Oswal Private Credit via debt and equity. This significant funding is dedicated to accelerating its electric bus expansion. The capital infusion will enable the company to participate in…
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