New Delhi, 20th May 2025: Folks Motor, a prominent player in the xEV (retrofit) industry, a leading Indian automotive company, has launched “Folks Funds,” an Alternative Investment Fund (AIF) Category II, with an initial corpus of ₹500 crore. The brand has already secured ₹100 crore in its first close, with expectations to reach the full […]
The post Folks Motor Raises ₹100 Crore in First Close of ₹500 Crore EV Fund to Drive Green Mobility first appeared on Business News Week.