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Investment

EV startup Euler Motors bags $60 mn funding led by GIC

EV startup Euler Motors announced it has raised $60 million in funding led by Singapore’s sovereign wealth fund GIC. Moglix, Blume Ventures, Athera Venture Partners (formerly Inventus India), QRG Holdings, and ADB Ventures also participated in the funding round. Euler builds three-wheeler commercial vehicles for its partner companies to use for their logistics requirements. The […]

Categories
Investment

New Delhi-based Euler Motors raises Series A funding led by Inventus Capital

Euler Motors Pvt. Ltd, a New Delhi-based automotive tech startup, announced that it has raised Rs 12.5 crore in its Series A round of funding led by an early-stage investor Inventus Capital Partners, according to a VCCircle report. Other investors that took part in the funding round include Jetty Ventures and Sujeet Kumar, co-founder of […]