What's the story

Blue Energy Motors, a green trucking company, has raised a total of $50 million in funding to expand its LNG and electric trucking business in India. The latest round, which raised $30 million, saw participation from Zerodha founder Nikhil Kamath and Omnitex Industries. The investment will help the Pune-based start-up accelerate India's transition to clean and sustainable freight transportation. Commenting on the investment, Kamath said, "The future of logistics in India will be built on clean, scalable technology."

Business operations

Manufacturing capabilities and strategic partnerships

Blue Energy, which has Essar Group and Iveco Group firm FPT as strategic investors and technology partners, can manufacture 10,000 trucks a year. The company has already sold around

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