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Exclusive: Green SM parent infuses Rs 153 Cr in Indian subsidiary to scale EV ride-hailing

Vietnam-based electric mobility startup Green SM has infused Rs 152.65 crore into its Indian subsidiary through a rights issue, marking another significant capital

Tarun Mottlia

Via Entrackr

·Excerpt
Exclusive: Green SM parent infuses Rs 153 Cr in Indian subsidiary to scale EV ride-hailing
Image: Entrackr

"Vietnam-based electric mobility startup Green SM has infused Rs 152.65 crore into its Indian subsidiary through a rights issue, marking another significant capital infusion as the company looks to scale its operations in the country. The latest infusion comes after Green SM pumped Rs 85 crore into its Indian subsidiary in June 2026, taking its total investment in the country to nearly Rs 238 crore. According to its regulatory filings accessed by Entrackr, the board of GREEN SM INDIA PRIVATE…

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