Indus Green Secures Funding from Singapore’s En Capital

Indus Motors Green has secured follow-on funding from Singapore-based En Capital, via NEWENRG Pte Ltd., to accelerate EV adoption in logistics and expand its charging and parking infrastructure.

April 30, 2025. By Mrinmoy Dey

Indus Motors Green, a sustainable logistics infrastructure company, has successfully completed its follow-on financing from Singapore-based En Capital through its subsidiary NEWENRG Ptd Ltd., an existing shareholder in the company.

This will accelerate Indus Green's mission to expand the tech-enabled adoption of electric vehicles in the logistics and creation of its charging and parking infrastructure. The proceeds of this financing will be used for fleet expansion, tech development and de-leveraging Indus Green's balance sheet.

Commenting on the development, Ketan Ray, COO of Indus Motors Green, “We are thrilled to partner with NEWENRG and En Capital for this exciting phase of our growth to reach our goal of setting up new standards of service quality, economy and sustainability for the E-mobility based logistics industry.”

Jayant Yadav, CEO of Indus Green, added, “This expanded partnership with a significant milestone for us. It will not only help us scale our operations but also reinforce our dedication to reducing carbon emissions and promoting sustainable transportation solutions.”

Surender Singh, Chairman of En Capital, commented, “We are pleased to invest in the industry-leading team of Indus Green led by Jayant and Ketan and look forward to developing it into a leading E-mobility platform driving the energy transition in the transport sector.”

Founded in 2022, Indus Green's services include a fleet of electric vehicles, advanced telematics, and integrated charging and parking infrastructure. The company is dedicated to reducing carbon emissions, improving air quality, and delivering a cost-effective logistics solution.

Tags:

Sustainable Transport

EV Charging Infrastructure