Bengaluru, Oct. 17 -- Electric vehicle (EV) manufacturer EKA Mobility has raised a $57 million Series A round led by the NIIF India-Japan Fund (IJF).

The EV maker will use the capital to enhance its manufacturing capacity, research and development capabilities, and supply-chain infrastructure, as well as to focus more on its marketing efforts, both domestically and in international markets.

"Our investment in EKA Mobility continues to reflect our confidence in India's electric mobility potential and the capability of homegrown OEMs (original equipment manufacturers) to drive meaningful change in the market. IJF is supporting enterprises that are shaping India's journey to a low-carbon economy and is committed to promoting India-Japan bu...