In a significant development for India’s rapidly evolving electric mobility ecosystem, Astranova Mobility has raised ₹60 crore in a fresh funding round aimed at strengthening its electric vehicle (EV) financing and asset management capabilities. The capital infusion is expected to accelerate the company’s expansion across key urban and semi-urban markets while addressing one of the most critical bottlenecks in EV adoption—access to structured financing.
The funding round saw participation from a mix of institutional investors and strategic backers focused on clean mobility and financial innovation. While the company has not publicly disclosed its valuation, industry analysts suggest that th
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