EKA Mobility, a subsidiary of Pinnacle Industries, develops and manufactures a full spectrum of electric commercial vehicles such as city buses, inter-city coaches, heavy-duty trucks, small commercial vehicles, and three-wheeler passenger and cargo models. The company positions itself as a vertically integrated OEM focused on accelerating India’s transition to zero-emission transportation. It has already secured confirmed orders for more than 3,300 electric buses from state transport undertakings, municipal corporations, and private fleet operators, underscoring meaningful commercial traction. Management plans to deploy new capital to expand manufacturing capacity, reinforce the supply chain, deepen research & development, and step up domestic and overseas marketing. Existing strategic investors include VDL Groep (Netherlands), Mitsui & Co. (Japan), and ENAM Holdings (India), providing both international partnerships and local market expertise. While no revenue figures were disclosed, the large order book and fresh funding highlight the company’s near-term growth runway and capital intensity. The broader mission is to make locally designed, cost-effective EV platforms that can compete globally.

Total raised

$57M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2025