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.
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.
04/11/25, 7:06 AM
Location
suratMoney raised
$275 million
Industry
logistics
transportation
Investors
Nikhil Kamath
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.
Company Info
Location
surat, gujarat, india
Additional Info
GreenLine Mobility is India's 1st Green Company Decarbonising road logistics by deploying LNG-powered heavy duty vehicles. An ESG compliant company making India Go Green with the reduction of Scope 3 emissions and driving Sustainability in the Mobility sector...