Funding · 13 October 2026GreenCell Mobility₹330 CrElectric bus operator
GreenCell Mobility raises ₹330 crore for e-buses
By Abha Lohia ·
- GreenCell Mobility runs electric buses across India and already has more than 1,600 of them deployed in cities and on intercity routes
- Impact Fund Denmark put in ₹330 crore of equity, alongside existing backers Eversource, IFC, BII and Tata Capital
- The money funds another 4,500 e-buses over six to eight quarters, taking the fleet above 6,000 across 105 cities
What happened
- GreenCell got ₹330 crore equity.
- Investor is Impact Fund Denmark.
- 4,500 more e-buses planned.
Why it matters
- Fleet to pass 6,000 buses.
- Reach covers 105 cities.
The business
- Owns and runs electric buses.
- Serves intra-city and intercity travel.
Who put in money
- Impact Fund Denmark New investor
- Eversource Capital Existing investor
In numbers
1,600+E-buses deployed · 2026
What happens next
- Roll out 4,500 buses in 6-8 quarters.
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