KKR invests $310 million in PMI Electro's e-bus platform
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- ₹2
- $310 million
KKR will invest $310 million (₹2,865 cr) in PMI Electro's e-bus platform, Allfleet India. This investment will secure a majority stake in Allfleet and a minority stake in PMI Electro, facilitating the expansion of e-bus fleets in collaboration with public transport authorities across key cities. PMI Electro recently won orders for 5,210 electric buses under the PM E DRIVE scheme.
Not investment advice. For informational purposes only.