KKR-managed funds have signed agreements to commit capital to Allfleet India Private Limited and PMI Electro Mobility Solutions, an Indian electric commercial vehicle maker. The investment provides growth capital to accelerate PMI's EV commercial vehicle rollout and expand Allfleet's fleet solutions in India. The deal underscores ongoing private-market interest in Indian EV logistics and should support PMI's commercialization, with limited immediate market impact beyond the companies and sector.
KKR-managed funds have signed agreements to commit capital to Allfleet India Private Limited and PMI Electro Mobility Solutions, an Indian electric commercial vehicle maker. The investment provides growth capital to accelerate PMI's EV commercial vehicle rollout and expand Allfleet's fleet solutions in India. The deal underscores ongoing private-market interest in Indian EV logistics and should support PMI's commercialization, with limited immediate market impact beyond the companies and sector.
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