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Kabirdass Motor Planning IPO for Zero-Emission Vehicles? | India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Chennai-based electric Kabirdass Motor is planning the first IPO in the auto industry in the last few years. Kabirdass was formed in 2006 to develop and commercialize zero-emission vehicles called XITE. Kabirdass is a portfolio company of Best Cast IT, a leading aluminum casting and machined automobile parts manufacturing company and partnering with major OEMs for supplies. The company is looking to raise around $16 million (Rs 81 crore) through the issue, which includes $4 million (Rs 20 crore) from Best Cast.

Source: Cleantech



About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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