Jupiter Wagons acquires Log9’s battery units to enhance EV solutions

Jupiter Wagons acquires Log9’s battery units to enhance EV solutions

In a landmark move set to reshape India’s electric mobility landscape, Jupiter Wagons Limited (JWL), a major player in transportation solutions spanning rail, road, and marine sectors, has announced the acquisition of Log9 Materials’ Railway and Electric Truck Battery divisions through its subsidiary, Jupiter Electric Mobility (JEM). This acquisition is poised to enhance Jupiter Electric […]

Discover how Jupiter Wagons Limited skyrocketed its funding by 3.5x overnight

Discover how Jupiter Wagons Limited skyrocketed its funding by 3.5x overnight

In a significant financial milestone, Jupiter Wagons Limited (JWL), a leader in comprehensive mobility solutions encompassing rail, road, and marine transportation, has successfully completed its Qualified Institutional Placement (QIP), raising a robust INR 800 Crores. The placement attracted overwhelming interest, with total bids amounting to approximately INR 2,800 Crores, underscoring a demand 3.5 times the […]

Jupiter Wagons acquires rolling stock wheelsets producer Bonatrans India for Rs 271cr

Jupiter Wagons acquires rolling stock wheelsets producer Bonatrans India for Rs 271cr

Jupiter Wagons Limited (JWL), a leader in delivering comprehensive mobility solutions across rail, road, and marine sectors, has made a strategic acquisition of Bonatrans India Private Limited (BIPL) for Rs. 271 Crore. This acquisition marks a pivotal moment for JWL, establishing it as the first rolling stock manufacturing company in India to possess its own […]

Indian mobility solutions provider Jupiter Wagons secures Rs 125cr via QIP

Indian mobility solutions provider Jupiter Wagons secures Rs 125cr via QIP

Jupiter Wagons Limited (JWL), an Indian mobility solutions provider, said that it has raised INR 125 crores through qualified institutional placement (QIP). The flagship company of the Jupiter Wagons Group revealed that the qualified institutional placement had participation from Tata Mutual Fund, ITI Mutual Fund, Ananta Capital, and other investors. The money raised through qualified […]