M Auto, distributor of electric motorbikes, prepares to raise $100 million
Following its launch in Togo and Benin in May, indian company M Auto plans to put 25,000 electric motorbikes on the road in these two countries by the end of the year. The company is backed by Shegun Bakari and ATIF, a Gagan Gupta Arise fund.
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▪ M Auto, distributor of electric motorbikes, prepares to raise $100 million
▪ Following its launch in Togo and Benin in May, indian company M Auto plans to put 25,000 electric motorbikes on the road in these two countries by the end of the year. The company is backed by Shegun Bakari and ATIF, a Gagan Gupta Arise fund.
▪ https://www.africabusinessplus.com/en/812795/m-auto-distributor-of-electric-motorbikes-prepares-to-raise-100-million/
M Auto Electric Mobility (M Auto) is in the process of raising $100 million and looking to bring in new investors.
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