EKA Mobility raises $57M to boost EV production & global reach

EKA Mobility raised $57M in Series A funding led by the India-Japan Fund (IJF) to expand manufacturing, R&D, and marketing globally. IJF supports climate tech and India-Japan collaboration. Dr. Sudhir Mehta called the funding pivotal for scaling EV operations. EKA plans a ₹800 Cr investment to boost electric bus production, underscoring its commitment to sustainable transport and India’s growing EV ecosystem.