EKA Mobility raises Rs 200 crore from ENAM Holdings through convertible preference shares to scale manufacturing and aim for unicorn status.
Jun 28, 2025•about 1 month ago
Amount Raised
₹2 Billion
Investors
Enam Holdings
Description
EKA Mobility raised Rs 200 crore in funding from ENAM Holdings, marking a step towards becoming a unicorn. The raised capital will enhance EKA's manufacturing infrastructure. The company is expanding its production capabilities with plans for three facilities. EKA aims to build the largest commercial EV portfolio in India.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers