EV Firm Euler Motors Raises ₹1.2 Billion to Fund Expansion Plans

The company will use the funds to enter EV markets in 40 new cities by the end of the financial year.

November 7, 2023

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Electric vehicle (EV) company Euler Motors has raised ₹1.2 billion (~$14.41 million) in an ongoing series-C extension round, taking the tally of total investments to about ₹6.9 billion (~$82.87 million). The raised capital will be used to fund the company’s plans to enter the EV market across 40 cities by the end of this financial year.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS