Treasure Vase Ventures Pvt. Ltd, the parent of SmartE, one of India’s largest electric mobility service provider, has raised ₹100 crore in series B funding from Japan’s Mitsui and Co. Delhi-based SmartE, which operates a fleet of more than 1,000 electric rickshaws in Delhi NCR, will use the funds to expand into new markets.

(Dealstreet Asia)