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Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
ETtech Deals Digest: Startups raise $226 million this week, up 2.5 times on-yearDespite the higher value, the number of deals during the week was down at 19 transactions, compared with 49 in the corresponding week last ...
EV bike maker Ultraviolette raises $45 million from Zoho, Ferrari-owner Exor’s LingottoUltraviolette has raised $45 million from Zoho and Italy’s Lingotto to scale its F77 and X-47 electric motorcycles and develop new models, ...
Electric motorcycle maker Ultraviolette raises USD 21-mn in funding round"The investment round of USD 21-million saw strategic participation from TDK Ventures and strong continued backing from existing investors ...
Speciale Invest’s Fund III closes at Rs 600 crore; eyes investing in 18-20 deeptech startupsThe new fund, which will invest in sovereign tech and globally scalable IP from India, will hand out cheques of Rs 7 to Rs 10 crore to star...
TVS Motor-backed Ultraviolette Automotive to list in FY27Ola Electric, which listed on the bourses in August last year, raised ₹6,145 crore through its IPO. Hero MotoCorp-backed Ather Energy, whic...
Ultraviolette plans to invest up to $ 100 mn in 4yrs, eyes 1 lakh annual salesUltraviolette plans to invest up to USD 100 million over the next three to four years to expand its product portfolio, manufacturing, and n...
Ultraviolette Automotive to line up three new electric motorcycles, along with a long-range scooterUltraviolette Automotive has produced India's fastest electric motorcycle and drawn major investments. The company plans to expand its rang...
ETtech Deals Digest: Startups raise $282 million in week to December 6; up 133% on-yearStartups raised $281.6 million this week across 17 deals, a 132.7% YoY rise but a 78% drop from last week. Key deals included $100 million ...
EV charging startup Kazam raises $8 millionKazam EV Tch, a startup offering charging products and services for EVs, has raised $8 million in its latest funding round from Vertex Vent...
Matter Motors raises Rs 82 crore from Japan Airlines & TransLink Innovation Fund, othersEV bike maker Matter Motors raised Rs 28 crore in funding led by investors Japan Airlines & TransLink Innovation Fund among others. The com...
Matter Motors raises Rs 82 crore from Japan Airlines & TransLink Innovation Fund, othersMatter Motors secures significant funding from diverse investors, propelling expansion plans. With a competitive market landscape, the comp...
EV firms focussed on high-tech products need more support: Ultraviolette foundersElectric bike maker Ultraviolette is set to begin deliveries of its bikes in European Union (EU) markets like Turkey, Spain and Germany fro...
Ultraviolette aims to sell 15,000 e-sports bikesAfter the first year, the company aims to push up annual sales to about 50,000 units, as deliveries start to export markets such as Europe ...
Ferrari backer, Qualcomm invests $24 mn in EV bike maker UltravioletteThe funds from Lingrotto and from Qualcomm will be deployed towards ramping up the company’s presence in India, subsequent expansion in int...
Ultraviolette Automotive raises undisclosed amount in fundingThe investment from Exor will be utilised in expanding the company's footprint pan-India, ramping up sales of the electric bike in the dome...
TVS and BMW to expand partnership into electric vehiclesAccording to several people in the know, under the arrangements deliberated by TVS and BMW – the two partners intend to co-develop an elect...
TVS Motor Company makes fresh investment in Ultraviolette AutomotiveTVS Motor has made fresh investment in the electric bike maker Ultraviolette Automotive. Zoho Corporation has joined along with TVS Motor i...
TVS Motor-backed EV maker Ultraviolette to set up manufacturing plant in BengaluruSpread over 70,000 square feet of land at Electronics City in Bengaluru, the new plant will have an annual capacity of manufacturing 120,00...
Ultraviolette Automotive raises capital from GoFrugal Technologies in Series B fundingUltraviolette Automotive had unveiled its high-performance electric motorcycle F77 in November last year.