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Al-Abdullah Group Invests $50 Million in Kabira Mobility, an Electric Vehicle Start-up

Al-Abdullah Group (Qatar) invests USD 50 Million in Kabira Mobility, an Electric Vehicle Start-up

New Delhi [India], March 20 (ANI/PRNewswire): Kabira Mobility, a prominent electric bike manufacturer in India renowned for its KM3000 and KM4000 models, announced today that it has secured a USD 50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undisclosed valuation to accelerate its Pan-India growth and ramp up the production of its Highly Popular Electric Bike Models KM3000 and KM4000.

Kabira Mobility Raises $50 Mn To Ramp Up Production

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.

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