Mumbai, Oct. 9 -- Hyderabad-based electric mobility aggregator platform Hala Mobility has raisedINR 300 million in just six monthsthrough its flagshipHala+ FOCO (Franchise Owned, Company Operated) business model, which it shared reflects a strong confidence from green investors, HNIs and institutional capital.

The company aims to deploy the funds to power 6,000 electric vehicles across multiple cities, of which 2,400 EVs have already been deployed.

Hala Mobility stated that the aim is totransform Self-Help Groups (SHGs) and micro-entrepreneurs into profitable EV operators. Through Hala+, participants get access to EVs, charging and swap infrastructure, financing, insurance, training and real-time analytics. Each SHG cluster functions as...