[ad_1]
Bengaluru-based EV bus startup FreshBus on Thursday mentioned it has raised Rs 26 crore in a funding spherical from journey tech platform ixigo.
The fund raised within the seed funding spherical will assist the launch of the corporate’s premium inter-city electrical bus companies throughout India, FreshBus mentioned in a press release.
The corporate will start its companies concurrently from Hyderabad and Bengaluru with the launch of 24 electrical buses. It plans to scale up operations to over 1,000 buses pan-India within the subsequent 2-3 years.
Click on Right here For Newest Updates On Inventory Market | Zee Enterprise Dwell
“We are going to provide a extra environment-friendly and reasonably priced different to current inter-city public transport which is at present dominated by fossil-fuel buses,” FreshBus Founder and CEO Sudhakar Reddy Chirra mentioned.
Ixigo Co-Founder & Group CEO Aloke Bajpai and Co-Founder & Group CPTO Rajnish Kumar mentioned the corporate has invested in FreshBus with a joint imaginative and prescient of a future the place all inter-city buses in India will run on clear gasoline as the present diesel-based buses are a serious supply of city air air pollution.
Additionally read-Â What’s bank card steadiness switch? The way it will help you get monetary savings – Know particulars
[ad_2]
Source link
