Company Insight/Name	Magenta
Investors	Marquee Investors
Fund Raised in USD	$40 million
Chief Executive Officers	Maxson Lewis
Website	https://www.magentamobility.com/

Indian EV Company, Magenta Bags $40 Million 

In recent PR, Magenta confirms that they raised $40 million around 250 crores in a series B funding round led by 2 global Marquee Investors.

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CEO Maxson said that we are a made-in-India startup and have the plan to release 9200 EV vehicles by next year and we are future-ready after this investment round.