Private Equity VC Fund Investments
Electric 2-wheeler maker Ultraviolette raises $10-M from Exor
Source INC42 (opens in a new tab)
Bengaluru-based electric two-wheeler maker Ultraviolette Automotive is raising about USD 10 million (INR 79 crore) in a fresh round of funding from Amsterdam-based Exor (via Exor Co-Invest Fund I).
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Dec-17 and Sep-20, Ultraviolette had raised over USD 5 M from TVS Motors, Zoho Corp and angel investors including Kumar Vembu, Vishesh Rajaram, Komma Sai Sharan, Penmasta Teja Raju, Dulquer Salmaan, Janet Christian De Penning, Mammooty.