Kabira Mobility secures USD 50 mn funding

Updated: Mar 17 2023 4:55PM

New Delhi, Mar 17 (PTI) Electric two-wheeler maker Kabira Mobility on Friday said it has secured USD 50 million (around Rs 412 crore) funding from Qatar-based Al-Abdulla Group.

The Panjim-based company plans to utilise the capital to fund its future growth in the country.

The company plans to ramp up production capacity of its electric bikes KM3000, KM4000, introduce new products and enhance sales infrastructure across the country.