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Final tranche of investment is expected to be completed by March 31, 2025
BII, led by MD Abhinav Sinha, eyes substantial investment in India's EV sector over three years.
The company has established a presence in Tier 1, 2, and 3 cities nationwide.
BII and FMO offer $50 Mn financing to BECIS.
The joint financing facility will support BECIS' expansion.
BII and other global investors to provide funding
BII to allocate nearly $18.7 million or 25% of the capital to India
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