E-mobility platform BillionElectric raises $10M in seed round
The fresh capital will be used to deploy electric tarmac buses at the Bengaluru International Airport and develop a mid-mile heavy electric trucks platform.
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The fresh capital will be used to deploy electric tarmac buses at the Bengaluru International Airport and develop a mid-mile heavy electric trucks platform.
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E-Maas (electric mobility as-a-service) platform BillionElectric on Tuesday announced its entry into the domestic market and said it has secured USD 10 million in a seed round of funding.
The capital infusion, which is in the form of equity and lease funding, will be strategically allocated for the deployment of electric tarmac buses at the Bengaluru international airport; and development of a mid-mile heavy EV trucks platform, the company said in a statement.
Billionelectric: The fund will be used for the deployment of electric tarmac buses at the Bengaluru international airport and for the development of a mid-mile heavy EV trucks platform, the company said.