TI Clean Mobility Private Limited (TICMPL), a wholly owned subsidiary of Tube lnvestments of lndia Limited (TII), is pursuing its vision in the clean mobility, particularly in the electric vehicles industry. TICMPL, in line with its growth plan in the electric vehicle industry, has executed today a Share Purchase Agreement with the founders of Cellestial…
Tube Investments of India Limited announced the acquisition of 70% stake in Cellestial E-Mobility Private Limited (Cellestial) for Rs 161 crores. Cellestial is a start-up company engaged in design and manufacture of electric tractors, aviation ground support electric equipment and other electric machinery. According to the company’s exchange filing, “The proposed investment is in line…
Cellestial E-mobility, a city based maker of the first electric tractor in India, announced it has raised USD 500,000 million in funding. This round of strategic financing included the Co- founder of Electric Motor Company, Ashik Karim, Founder of UpCapital Investments, Canada”s leading EV financial advisory group who have not just invested but expressed a…