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Bengaluru-based electric mobility and EV charging solutions startup Magenta Mobility has raised debt financing for about 350 electric vehicles (EVs) under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). According to the company’s statement, The capital would be utilized for scaling up the deployment of Cargo Electric Vehicles for last-mile […]
The post Electric mobility startup Magenta Mobility raises debt financing from SIDBI for 350 EVs appeared first on Startup Reporter.
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