Informative

Macquarie Asset Management Bags $405 Mn For Indian EV Platform Vertelo

Update / Judgement Date

22 Aug 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementInvestment Banking

Macquarie Asset Management has secured $405 million for its Indian EV platform, Vertelo. The funding is a significant boost for the company and signals strong investor interest in the EV sector. The capital will be used to scale up its operations and invest in new technologies, positioning the company as a key player in the industry.

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Macquarie Asset Management Bags $405 Mn For Indian EV Platform Vertelo

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