{"id":568144,"date":"2023-04-05T11:50:12","date_gmt":"2023-04-05T06:20:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=568144"},"modified":"2023-04-05T11:50:12","modified_gmt":"2023-04-05T06:20:12","slug":"magenta-mobility-raises-usd-22-mn-from-bp-morgan-stanley-india-infra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/magenta-mobility-raises-usd-22-mn-from-bp-morgan-stanley-india-infra\/","title":{"rendered":"Magenta Mobility raises USD 22 mn from bp, Morgan Stanley India Infra"},"content":{"rendered":"<p>Electric mobility solutions provider Magenta on Wednesday said it has closed a Series A1 funding round with USD 22 million equity investment from the UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The company plans to deploy the freshly raised capital in fleet and geographical expansion besides investing a part of the funds in technology-build as it focuses on &#8220;sustainable and profitable&#8221; growth, Maxson Lewis, Founder and Managing Director, Magenta Mobility said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric mobility solutions provider Magenta on Wednesday said it has closed a Series A1 funding round with USD 22 million equity investment from the UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The company plans to deploy the freshly raised capital in fleet and geographical expansion besides investing a part of the funds in technology-build as it focuses on &#8220;sustainable and profitable&#8221; growth, Maxson Lewis, Founder and Managing Director, Magenta Mobility said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-568144","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/568144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=568144"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/568144\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=568144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=568144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=568144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}