Report
GreenCell Mobility raises Rs 330 crore from Impact Fund Denmark to expand electric bus fleet
The Economic Times reported in October 2026 that GreenCell planned to deploy about 4,500 buses over six to eight quarters.
TLDR
The Economic Times reported on October 13, 2026, that GreenCell Mobility raised Rs 330 crore in equity funding from Impact Fund Denmark. CEO Devndra Chawla said the company hoped to deploy approximately 4,500 electric buses over the following six to eight quarters. The expansion would bring its fleet to more than 5,000 buses across 105 cities. Chawla did not disclose the company's valuation or the fund's resulting stake.
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