ReferIndia News Nikhil Kamath backs $30 mn funding in Blue Energy Motors, makes first bet on commercial EVs

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Nikhil Kamath backs $30 mn funding in Blue Energy Motors, makes first bet on commercial EVs

Published on: Sept. 18, 2025, 11:52 p.m. | Source: The Economic Times

Nikhil Kamath, Zerodha's co-founder, has invested in Blue Energy Motors' $30 million funding round, marking his entry into India's commercial vehicle sector. The funding will support Blue Energy's expansion into electric trucks for long-haul applications. Kamath emphasizes the importance of scalable, clean technology in shaping the future of Indian logistics, aligning with Blue Energy's focus on sustainable freight transportation.

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