Electric bike maker Kyte raises Rs.3-Cr from ah! Ventures, others

​​Kyte Energy, a Nashik-based electric 2-wheeler brand, has raised INR 3 crore from ah! Ventures, Soonicorn Ventures and others. Kyte Energy plans to allocate the funds to expand its distribution channels and strengthen its marketing efforts. The firm has a manufacturing unit in Nasik. The startup claims to have sold 5000+ scooters through its 30 dealer stores across Maharashtra and Gujarat.