VC Fund Investments
Electric 2-wheeler maker BattRE attracts seed funding led by Agility Ventures
Jaip[ut-based 2-wheeler EV maker BattRE has raised seed funding from a group of investors led by Agility Ventures along with former Tata Motors' president Gajendra Chandel. Founded in 2017 by Nischal Choudhary and Pankaj Sharma, the startup offers three products: two low-speed scooters (brands ‘ONE' and ‘LO:EV') and a high-speed scooter (STOR:IE). Two more products are in the pipeline: a high-speed bike (DUNE) and a delivery scooter (Cool:IE). BattRE claims to have a network of 400 plus dealerships in 21 states and 276 towns across the country.
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