KKR makes $130m investment in India’s Allfleet E-Bus platform
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KKR makes $130m investment in India’s Allfleet E-Bus platform

privateequitywire
4 months ago
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KKR has struck a $310m deal to scale Allfleet’s electric bus operations in India, marking its first Global Climate Transition investment in the country. The transaction, is expected to close in mid-2026 pending regulatory approvals.
The deal involves KKR acquiring a majority stake in Allfleet and a minority stake in PMI Electro Mobility Solutions, the e-bus manufacturer behind Allfleet’s platform.
Founded in 2022, Allfleet operates electric public transport fleets across Indian cities under long...

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