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GreenCell Mobility Secures $89 Million Funding Led by BII, IFC, and Tata Capital

The company plans to expand its fleet to 1,200 electric buses and over 170 charging stations

January 22, 2026

/ Rakesh Ranjan
/ Electric Vehicles, Grid
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Eversource Capital’s green mobility arm, GreenCell Mobility, has raised $89 million in a mezzanine financing round led by British International Investment (BII), IFC, and Tata Capital to accelerate the deployment of zero-emission public transport in India.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
BIIelectric busesEverSource CapitalFundingGreenCell Mobility
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