The Firm acted as legal counsel to Magenta EV Solutions Private Limited (“Magenta”), who has raised an investment of USD 22 Million from 2 investors, bp Technology Ventures and Morgan Stanley India Infrastructure Fund.
Magenta is engaged in the business of electric mobility and EV charging and operates a technology platform to revolutionize and aggregate the urban freight & transportation segment both for employee transport and last-mile deliveries across the country with its state-of-the-art technology-enabled vehicles.
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