Choose a language
Shortpedia Categories
Company
Download App




Ratan Tata-owned Electra EV raises $25 Mn from GEF Capital

Shortpedia
Content Team
Image Credit: shortpedia

Electra EV, a startup owned and promoted by veteran industrialist Ratan Tata, has raised about $25 Mn from GEF Capital’s South Asia Growth Fund II. With this investment, GEF Capital has acquired a minority stake in the startup which provides powertrain solutions for electric vehicles (EVs). Electra will use the fresh funds to expand its product offerings in three-wheelers, four-wheelers, agriculture and other allied segments.


SMART CONTENT APP Hand picked content everyday

Shortpedia is a short news app which provide latest news in 70 words in Hindi or English Language. Read Breaking News on our Mobile App which is available on Google Play Store & Apple App Store.

Download App


Copyright © 2019 ShortPedia. All Rights Reserved.