Oor Cabs Secures ₹25 Crore from Tamil Nadu Green Fund: Trichy’s EV Startup Powers Regional Mobility Revolution
In a significant boost to Tamil Nadu’s green mobility ambitions, a Trichy-based electric vehicle startup has secured ₹25 crore in funding from the state’s dedicated Green Climate Fund, marking one of the largest state-level investments in a regional EV startup this year.
Oor Cabs, an electric autorickshaw service operating in Tier-2 cities, received the investment from the Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) under the Tamil Nadu Green Climate Fund scheme. The announcement was made during the TN Climate Summit in Chennai last week, where the startup was selected for its potential to transform last-mile connectivity in semi-urban and rural areas .
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