Yuma Energy, India’s fastest-growing battery swapping network, has raised $35 million in Series A funding from Magna International Inc., one of the world’s largest automotive suppliers. The funding will support the expansion of Yuma Energy’s battery swapping infrastructure across India as the company builds on its momentum of delivering over 60 million battery swaps across […]
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Oben Electric, an R&D driven homegrown electric motorcycle manufacturer, has raised additional ₹50 Cr in May 2025 through an extended Series A funding round. The extended series A round follows series A round of ₹50 Cr raise in January 2025, bringing the total Series A funding to ₹100 Cr and overall funding raised to ₹200 Cr. The round saw participation from […]
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Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions Pvt. Ltd. confirmed commitment in excess of USD 15 million (INR 120 Crores) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and business serial entrepreneur, Dr. Kiran Patel. Incorporated in 2017, Magenta was founded by Maxson Lewis and Darryl Dias. The duo […]
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Euler Motors, home-grown OEM-focused electric CV company, has raised Rs. 30 crores as a part of its ongoing Series A round, led by existing investors, Inventus India and Jetty Ventures. Existing investor Sujeet Kumar, Co-founder, Udaan also participated in this round, along with new investors Srinivas Anumolu & K Ganesh from Growth Story. Euler Motors […]
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