Angel Investments
Electric two-wheeler maker BGAUSS raises Rs.52-Cr
Mumbai-based electric two-wheeler maker BGAUSS has raised INR 52 crore from a group of investors led by Darshan Patel, founder, Vini Cosmetics Pvt. Ltd. The funds will be used for the company's retail expansion, manufacturing capacity expansion, launch of two new products, R&D, and in-house product development across electrical vehicle components. Steer Advisors were the investment bankers for the deal.
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