SmartE secured $15 mn series B funding from Mitsui

  • SmartE, which is an electric vehicle startup, has secured INR 100 crore as a part of the funding round of Series B from the Japanese company Mitsui & Co. With the help of this fundraises, the company is now even looking to rapidly increase its fleet size within the Delhi-NCR as well as some other cities across the globe.
  • In early 2017, SmartE has secured its lasts funding of $5 Million from the Singapore Based EcoTransit Investments International Pvt Ltd. Speaking on the fundraise, Goldie Srivastava, Co-Founder, and CEO, SmartE, said, ” We are honored and excited to welcome on board a global conglomerate like mitsui as our strategic partner.
  • With the help of its fleet of more than 1000 electric three wheelers in the Delhi-NCR, as it moves around 100000 commuters on a day to day basis.

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