StartupsInc42about 2 hours ago
Ultraviolette Raises $85 Mn Series E
7 min read
Ultraviolette Automotive raised $85 Mn in a Series E round co-led by Yali Capital and TDK Ventures, with Intel CEO Lip-Bu Tan participating. The electric two-wheeler maker will expand manufacturing and distribution, and launch its delayed Tesseract scooter and Shockwave motorcycle. It plans over ₹1,000 Cr in manufacturing investment over five years.
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