GreenCell Mobility raises Rs330 cr from Danish fund to scale electric bus fleet

GreenCell Mobility has raised Rs 330 crore in equity funding from Impact Fund Denmark to help deploy around 4,500 electric buses across India over the next six to eight quarters. The expansion will take its fleet past 5,000 buses across 105 cities, strengthening the Eversource Capital-backed company’s position in India’s growing electric public transport market.