Oye Rickshaw raises Rs 24 cr from Alteria Capital to expand EV energy infra

The startup has 15 active battery swapping stations which it plans to expand to 650 across Delhi-NCR and five more cities by December 2021, Oye Rickshaw founder Mohit Sharma told PTI. “Our e-rickshaw partners are able to run 20-30 per cent more on a daily basis. We want to facilitate our rickshaw partner to have more deliveries. More kilometers means more revenue for them. We are expanding infrastructure in a manner to create a network,” Sharma said.

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