Tech Company Financing Transactions
Euler Motors Funding Round
Euler Motors secured a $60 million Series C financing round on 10/4/2022. Backers included GIC, ADB Ventures and Athera Venture Partners.
Transaction Overview
Company Name
Announced On
10/4/2022
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series C
Investors
Proceeds Purpose
The company will use the funds to ramp up its production capacity and broaden its offerings.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
B-99, Panchsheel Vihar
New Delhi, 110017
IN
New Delhi, 110017
IN
Phone
Undisclosed
Website
Email Address
Overview
Manufacturer of electric vehicles designed to accelerate India's transition to sustainable mobility. The company's electric three-wheelers can be used for intra-city goods transportation, such as for e-commerce or any last-mile goods delivery, enabling users to get electric vehicles that need lower maintenance costs as well as reduce the cost of fleet operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Saurav Kumar
Co-Founder
Gaurav Kumar
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