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October 13,2026

GreenCell Mobility Secures Rs 330 Crore from Danish Fund for 4500 E-Bus Expansion in India

GreenCell Mobility, India's largest electric bus platform, has secured Rs 330 crore equity funding from Impact Fund Denmark (IFDK), formerly IFU, to deploy ∼4,500 electric buses, MD & CEO Devndra Chawla told ET.  The Eversource Capital-backed company currently operates 1,600+ buses and plans to scale to over 5,000-6,000 buses across 105 cities in next 6-8 quarters.

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