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GreenCell Mobility Secures Rs 330 Crore Equity Investment from Impact Fund Denmark

News18•13-10-2026, 14:45

•GreenCell Mobility has secured a Rs 330 crore equity investment from Impact Fund Denmark to fund its expansion.
•The new funding will help roll out an additional 4,500 electric buses over the next 6 to 8 quarters.
•The company currently operates over 1,600 e-buses pan-India, with the new addition bringing the total fleet to over 6,000 across 105 cities.
•Devndra Chawla, MD and CEO of GreenCell Mobility, stated that the equity investment provides greater headroom to accelerate their growth plans.
•The investment highlights the growing confidence of international institutional capital in India's electric public mobility sector.

GreenCell Mobility secured an equity investment of Rs 330 crore from Impact Fund Denmark.

The company plans to roll out an additional 4,500 electric buses over the next 6-8 quarters.

The induction of the new buses will increase GreenCell Mobility's total fleet to over 6,000 e-buses operating across 105 cities in India.