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EKA Mobility raises Rs 200 crore from ENAM Holdings through convertible preference shares to scale manufacturing and aim for unicorn status.

Jun 28, 2025about 1 month ago

Amount Raised

₹2 Billion

PuneAutomotiveTransportationManufacturing

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.

Company Information

Company

EKA Mobility

Location

Pune, Maharashtra, India

About

EKA, a subsidiary of Pinnacle Industries Ltd, is an automotive & technology company, introducing, sustainable, profitable & efficient new energy commercial vehicles & solutions to accelerate mass adaptation

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers