GreenCell Mobility

Company Description

In this new world, both business and the environment can win. Being green is no longer a cost of doing business; it is a catalyst for innovation, new market opportunity, and wealth creation.GreenCell Mobility has been incubated to be a leading pan-India shared electric mobility player, by leveraging proven global experience, developments in e-mobility technology and Government of India's strong push for electrification of transportation in India. GreenCell Mobility has been promoted by Eversource Capital, India's leading climate impact investor. Eversource Capital is an equal joint venture between Everstone Group (www.everstonegroup.com), one of Asia's premier investment manager with assets in excess of US$7 billion across private equity, sustainability and climate impact, logistics, digital and venture capital; and Lightsource bp, a global leader in development and management of solar energy projects.Eversource manages India's largest climate impact fund with anchor investments from India's National Investment & Infrastructure Fund and UK Government's Foreign, Commonwealth & Development Office (FCDO).The fund is focused on building a platform to provide Electric Mobility-as-a-Service (eMaaS), initially using electric buses and deliver the core value proposition of cheaper non-polluting on demand shared transportation, charging infrastructure and enabling products for e-mobility value chain.

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