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The Times of India - Business - News Image
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BusinessAug 22, 2025 09:53 PM

Macquarie raises $405 mn for its EV fleet solutions provider Vertelo - Times of India

BENGALURU: Macquarie Asset Management (MAM) has raised $405 million for Vertelo, its fleet electrification platform in India, marking the firm's largest investment commitment in the electric vehicle (EV) sector in Asia.Vertelo was created and is operated by Macquarie Asset Management. The platform, launched in April 2024, provides integrated solutions to support EV fleet adoption, including leasing and financing, charging infrastructure, energy management, fleet operations, and end-of-life asset ...Read More >

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