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EVage raises $28M in seed round from RedBlue Capital

Chandigarh-based four-wheeler electric vehicle (EV) startup EVage, which has built an in-house exoskeleton or a modular structure to build customizable vehicles, has raised $28 million in seed round of funding from RedBlue Capital, a US-based venture capital firm. Founded in 2014, the startup, which is already supplying EV trucks to Amazon India for its delivery […]

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kWh Bikes raise $2M in seed round

kwh bikes funding

kWh Bikes, a multi-utility electric scooters startup, announced that it has raised $2 million in a seed round led by Let’s Venture. The round also saw participation from Better Capital and Cloud Capital. With the latest development, the Bengaluru-based startup is looking to take its prototype to production and increase R&D across multiple EV components […]

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Zypp Electric raises $7M in Series A round

zypp electric funding

Zypp Electric, an EV-based last-mile delivery startup, announced that it has raised around $7 million in a Series A round co-led by 9Unicorns and Anthill Ventures. The round also saw participation from marquee family offices and early-stage funds — Nanavati Family Office, We Founder Circle, Silicon Valley-based Riso Capital Fund, Dholakia Ventures, along with existing […]

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EV Plugs raises $150,000 in a round led by friends and family

EV Plugs, India’s first EV Charging Station aggregator platform covering EV charging stations from brands like EESL, Tata Power, Statiq, Magenta, Ather, and many more, raised $150,000 in a round led by family and friends.  EV Plugs will utilize the funds to expand EV charging network coverage In 150+ cities.  In the next 2 years, […]

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goEgoNetwork raises $2M in seed round

goegonetwork funding

goEgoNetwork, an electric vehicle charging solutions startup has raised $2 million (nearly Rs 15 crore) in seed funding to expand its existing electric charging network. According to the company, the round saw participation from Rishi Bagla, Chairman of Bagla Group, a leading auto component manufacturer, along with Olivier Guillaumond, Head of Global Innovation Labs and […]

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Raptee Energy raises $700K in angel round

raptee energy funding

Raptee Energy, an e-mobility startup announced that it has raised $700,000 in an angel round from several investors, predominantly HNIs and angels.  These investors include a 99-year-old foundry from south India, an automotive testing company, a leading global infrastructure company, a US-based software solutions company, a Tier-I automotive supplier from Chennai, and more.  Speaking about […]

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Cell Propulsion funding

Cell Propulsion funding

Mobility and EV technology startup, Cell Propulsion said in a statement that it has raised $2 million from existing investors.  The latest funds have been raised to expand operations, meet the increasing demand for its solutions as well as accomplish the company’s ‘go-to-market strategy,’ apart from the development of the integrated ecosystem to boost the […]

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Blaer Motors funding

blaer motors funding

The Chennai Angels (TCA) announced an investment of Rs 2.61 crore in Blaer Motors, an NIT-Trichy incubated startup based in Chennai.  Abinesh Ekambaram, Co-founder, Blaer Motors, said, “This is our first round of external investment. We are thankful to our investors for believing in Blaer and we value their expertise in the automotive industry, which […]

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