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EV financing startup Astranova Mobility raises Rs 60 crore to fuel AI driven growth
Startups
Published on 24 April 2026
Fresh funding targets AI and engineering, not just loans
Astranova Mobility, an EV financing platform, has raised Rs 60 crore from IvyCap, ADB and Trucks VC. CEO Mundra says the capital will largely bolster data, AI and engineering capabilities, positioning the company for more than five-fold growth over the next 18 months. The round signals intensified competition in India’s EV lending and fintech space.
- Astranova Mobility raises Rs 60 crore for EV financing
- Investors include IvyCap, ADB and Trucks VC
- Funds will strengthen data, AI and engineering capabilities
- Company targets over five-fold growth in 18 months
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times