Gurugram, Haryana, India – Indus Motors Green Pvt Ltd (“Indus Green”), a leading sustainable logistics infrastructure company, has successful completed its follow-on financing from Singapore based En Capital through its subsidiary NEWENRG Pte Ltd (NEWENRG) an existing shareholder in the Company. This will accelerate Indus Green’s mission to expand the tech-enabled adoption of electric vehicles in the logistics and creation of its charging & parking infrastructure. The proceeds of this financing will be used for fleet expansion, tech development and de-leveraging Indus Green’s balance sheet.
“We are thrilled to partner with NEWENRG and En Capital for this exciting phase of our growth to reach our goal of setting up new standards service quality, economy and sustainability for the E-mobility based logistics industry “,” said Ketan Ray, COO of Indus Motors Green Pvt Ltd.
Jayant Yadav, CEO of Indus Green, added, “This expanded partnership with significant milestone for us. It will not only help us scale our operations but also reinforce our dedication to reducing carbon emissions and promoting sustainable transportation solutions.”
Surender Singh, Chairman of En Capital, commented, “We are pleased to invest in the industry leading team of Indus Green led by Jayant and Ketan and look forward to developing it into a leading E-mobility platform driving the energy transition in the transport sector”
About En Capital
En Capital is a Singapore headquartered renewable energy, e-Mobility and Warehousing development and investment holding company with presence in Southeast Asia and India.
En Capital, through NEWENRG Pte Ltd., owns equity interest in Nexif Energy Pte Ltd – leading renewable energy company having portfolio of 378MW of operating, under construction and contracted assets and a development pipeline of over 3GW and investments in E-mobility startups in Southeast Asia and India . In addition, En Capital, through National Warehousing Corporation Pvt. Ltd., is developing a platform for warehousing and agriculture commodities markets in India.
En Capital aims at long term value creation for its shareholders and partners through ground project development and friendly acquisitions working with industry leading management teams.
To learn more about En Capital, visit https://en.capital/
About Indus Green
Indus Motors Green Pvt Ltd is a leading sustainable transportation company focused on revolutionizing last-mile cargo deliveries through electric vehicles. Founded in 2022, Indus Green’s services include a fleet of electric vehicles, advanced telematics, and integrated charging and parking infrastructure. The company is dedicated to reducing carbon emissions, improving air quality, and delivering a cost-effective logistics solution to its customers.
For more information about Indus Green, visit https://imgreen.in/.
Contact: Jayant Yadav CEO, Indus Motors Green Pvt Ltd
Email: jayant@imgreen.in
Phone: +91 95609 74555
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