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#FundingAlert: EV tech startup Cell Propulsion raises $2 mn from existing investors Cell Propulsion website Bengaluru-based mobility and EV technology startup, Cell Propulsion has raised $2 million (over Rs 14 crore) from existing investors, the company said on Thursday. The fresh capital has been raised to expand operations, cater to the growing demand for its solutions as well as successfully execute the company's ''go-to-market strategy,'' besides development of the integrated ecosystem to accelerate the adoption of eCVs, Cell Propulsion said in a release. "Cell Propulsion (has) recently r...

The startup will use the funding to expand operations, cater to the growing demand for its solutions, as well as to execute the company's 'go-to-market strategy,' besides the development of the integrated ecosystem to accelerate the adoption of eCVs.

MUMBAI, June 10: Bengaluru-based mobility and EV technology startup, Cell Propulsion has raised USD 2 million (over Rs 14 crore) from existing investors,