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SUMMARY
The startup has raised INR 50 Cr from its existing investors BP Tech Ventures and Morgan Stanley India Infrastructure
The remaining INR 50 Cr was raised via debt funding, the sources added
Magenta Mobility is also eyeing launching a Series B round of INR 400 Cr to INR 500 Cr in the coming months
Mumbai-based electric mobility startup Magenta Mobility
has raised INR 100 Cr (about $11.5 Mn) in a mix of equity and debt in its pre-Series B round, sources told Inc42.
The startup has raised INR 50 Cr from its existing…
