Eka Mobility, a Pune-based electric vehicle maker, is raising ₹200–300 crore from Enam Holdings to fund expansion, potentially valuing it near $1 billion if performance targets are met. Previously backed by Pinnacle Industries, Mitsui, and VDL Groep, Eka has a manufacturing capacity of 2,500 e-buses and 20,000 light vehicles annually.
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