GreenLine Mobility Solutions has secured a $275 million equity investment, including $20 million from Nikhil Kamath. The funding will be used to deploy clean-energy trucks and build LNG refuelling stations in India.
Apr 11, 2025•6 months ago
Amount Raised
$275 Million
Investors
Nikhil Kamath
Description
GreenLine Mobility Solutions, an Essar Group venture, has raised $275 million in equity funding. The investment will be used to deploy over 10,000 clean-energy trucks and establish 100 LNG refuelling stations and EV charging points in India. Among the investors is Nikhil Kamath, who contributed $20 million. This initiative aims to accelerate the decarbonisation of the heavy trucking industry.
Funding Insights
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Tech investment trends
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