Tag: Dev Arora

ALT Mobility Launches Debt Aggregation Platform for Commercial Electric Vehicle Leasing, Plans on Investing USD 100mn in Next 12 Months

IIT Delhi based Alt Mobility, a commercial fleet leasing platform announced the launch of ‘Elektrowagen’ – a structured finance solution to mobilize low cost debt finance from domestic and international financing institutions for electrification of commercial fleets in India. Under this structure, the Company has signed MoUs with two non-banking financing institutions (NBFCs) focused on electric vehicle…