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EV Startup

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

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Ather Energy

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more

ProsParity raises $2 Million Pre-Seed Funding Led by BEENEXT

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ProsParity, a fintech platform that is reimagining the distribution of credit in the electric mobility sector, has raised $2 million pre-seed funding round from global institutional investors such as BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. Angel investors like Dr Ashish Gupta (Co-founder of Junglee & Helion Ventures), Raj Dugar (Ex-Eight Roads … Read more

DeepTech EV Solutions company Vecmocon raises $5.2M in Funding

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DeepTech EV Solutions company Vecmocon has raised $5.2M in funding from Tiger Global, Blume Ventures and prominent strategic angels. The company is based out of Delhi and had previously raised $300k and was also incubated at IIT Delhi & ISB. Vecmocon aims to utilise this fundraise to invest into team building, business expansion, scaling up … Read more

EV Startup Starya Mobility Raises Rs 2 Cr In Bridge Round Of Funding

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Starya Mobility, a Sh! Ventures portfolio company in the Clean Mobility & EV domain, has raised INR 2 CR from ah! Ventures Angel Platform in a bridge round of finance. This bridge round of fundraising was raised within six months after their previous 2.2 million dollar fund raise on the ah! Ventures First Gear platform. … Read more

EV startup Simple Energy raises $21M

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Simple Energy

Simple Energy, a Bengaluru-based electric car startup, announced the completion of a $21 million (Rs 155 crore) pre-series financing round on Monday. Simple Energy had hoped to secure $15 million in funding, but due to overwhelming investor demand, the company ended up raising a total of $21 million. The EV firm, which was founded in … Read more