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Kabira Mobility raises $50 Mn to ramp up production

Shortpedia

Content Team
Image Credit: inc42

Panjim-based electric mobility startup Kabira Mobility said on Friday (March 17) that it has raised $50 Mn in its Series A funding round from Qatar-based Al-Abdulla Group. The startup plans to use the incoming capital to ramp up production capacity for its existing models – KM3000 and KM4000, to introduce new products and improve sales infrastructure throughout the country.