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dailyexcelsior.com - 6 days ago

EVage raises USD 28 mn from RedBlue Capital

New Delhi, Jan 14: Electric commercial vehicle startup EVage on Friday said it has raised USD 28 million (over Rs 205 crore) from US-based venture capital firm RedBlue Capital. The funding will allow EVage to complete its factory outside of Delhi in FY 2022-23 and scale up production, the company said. EVage supplies EV trucks to major delivery fleets, such as Amazon India s delivery service partner. The money would be essentially used for ironing out and developing the supply chain [ ] The post EVage raises USD 28 mn from RedBlue Capital appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J K.


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