Fresh Bus Raises Additional INR 43.9 Cr Funding, Closes Series A Round At INR 87.5 Cr

Fresh Bus Raises Additional INR 43.9 Cr Funding, Closes Series A Round At INR 87.5 Cr

SUMMARY

The round saw participation from Maniv Mobility, Shell Ventures, Alteria Capital and existing investor Riverwalk Holdings. 

The startup plans to use the fresh capital to scale up its bus fleet by launching 150 e-buses and expand its route network by adding 15 new routes. 

Besides, it will use the funds to boost  its operations, enhance its technological capabilities and strengthen its strategic team to drive growt

Bengaluru-based inter-state electric bus service provider Fresh Bus has raised an additional INR 43.9 Cr (about $5.2 Mn) in its Series A funding round led by Maniv Mobility. 

The round also saw participation from Shell Ventures, Alteria Capital and existing investor Riverwalk Holdings. 

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