Electric sports bike maker Ultraviolette raises funding from Qualcomm Ventures, Lingotto

Bengaluru-based Ultraviolette Automotive, which makes electric sports bikes, has raised Series D funding from Qualcomm Ventures and Lingotto (formerly Exor Capital) for expanding its business in India and abroad as well as for improving technology. The company will launch its Ultraviolette F77 motorcycle in phases, with the first batch being delivered in Bengaluru.