VC Fund Investments
Deep-tech EV solutions provider Vecmocon raises $5.2 M from Tiger Global, Blume Ventures
Delhi-based DeepTech EV Solutions company Vecmocon has raised USD 5.2 million from Tiger Global, Blume Ventures and angels. Vecmocon aims to use the fresh capital to invest in team building, business expansion, scaling up of operations and further product innovation. Vecmocon is on a mission to empower the EV OEMs and other ecosystem players with access to technology and reliable components. The company had previously raised USD 300,000 and was incubated at IIT Delhi and ISB.
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