PMI Electro Mobility Solutions secures Rs 250 crore investment from Piramal Alternatives
Electric bus maker PMI Electro Mobility Solutions announced raising funds in the form of strategic investment to the tune of Rs 250 crore from Piramal Alternatives, the fund management business of the Piramal Group.
The investment has been made through the Piramal Alternatives' Performing Credit Fund (PCF), a sector-agnostic fund that caters to the capital needs of mid-market companies, PMI Electro Mobility said. Pic: Pixabay