India's Magenta Mobility rakes in $22m from bp, Morgan Stanley India Infra

India's Magenta Mobility rakes in $22m from bp, Morgan Stanley India Infra

Photo by Josh Appel on Unsplash

Magenta, India’s homegrown EV charging and mobility solutions company, has amassed $22 million in equity investment its Series A1 funding round from the UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund, as it looks to expand its operations and ramp up technology.

Edited by: Joymitra Rai