KKR-backed e-bus maker PMI Electro confidentially files for India IPO

KKR•2026-09-24

PMI Electro Mobility Solutions has confidentially filed draft papers for an initial public offering in Mumbai. The company operates 3,300 electric buses across 34 Indian cities.

1. Confidential IPO filing

PMI Electro Mobility Solutions, an electric commercial vehicle manufacturer founded in 2017, confidentially filed draft IPO papers in Mumbai. KKR invested around $310 million earlier this year in the company and its e-bus platform Allfleet India.

KKR-backed e-bus maker PMI Electro confidentially files for India IPO

1. Confidential IPO filing

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