Private Equity Private Equity Fund Investments
E-mobility firm HOP Electric looking to raise Rs.200-Cr to fund expansion
Source PTI (opens in a new tab)
Jaipur-based integrated e-mobility firm HOP Electric is looking to raise at least USD 30 million (over INR 200-crore) in Series A round amid its plans to expand product portfolio as well as dealership network.
The company, which hit the market with two e-scooters this January, is gearing up to launch another vehicle model, an e-bike, OXO, by October-November this year, which will be followed by two more scooters over the next six-nine months.