JBM Ecolife secures Rs 750 crore strategic investment from MO Alternates
India, June 22 -- JBM ECOLIFE Mobility (P) Ltd. India, (JBM Ecolife), part of JBM Auto, has successfully secured a Rs 750 crore long term strategic investment from Motilal Oswal Alternates (MO Alternates), the alternative investment arm of Motilal Oswal Group. MO Alternates is leading this investment, providing growth capital to scale JBM Ecolife's electric bus deployment and advance sustainable public transit infrastructure across India.The transaction represents a core milestone for MO Alternates' sustainability-focused investment allocation, mirroring scaled global private equity models by backing dominant green mobility platforms. The growth capital will enable the operation and rolling deployment of advanced, zero-emission public trans...
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