India, Aug. 13 -- Bengaluru-based inter-state electric bus service provider Fresh Bus has raised an additional INR 43.9 Cr (about $5.2 Mn) in its Series A funding round led by Maniv Mobility.

The round also saw participation from Shell Ventures, Alteria Capital and existing investor Riverwalk Holdings.

With this, the startup has closed its Series A round at INR 87.5 Cr (around $10.4 Mn). Last month, Inc42 reported Fresh Bus had raised INR 43.7 Cr in its ongoing Series A round.

The startup plans to use the fresh capital to scale up its bus fleet by launching 150 e-buses and expand its route network by adding 15 new routes.

Besides, it will use the funds to boost its operations, enhance its technological capabilities and strengthen its ...