VC Fund Investments

EV financing platform Ohm Mobility raises Rs.3-Cr led by Antler India

Business Line  

Bengaluru-headquartered electric vehicles financing platform Ohm Mobility, which went live in April 2023, has raised INR 3 crore pre-seed funding led by Antler India. The round also saw participation of Blume Founders Fund and angels such as Sagar Gubbi (Ecoforge), Anshuman Bapna (Terra.do), Mathew Chako (Spice Route Legal), and Karishma Menon. Ohm is also backed by Catalyst Fund, a fintech and climate finance accelerator, and angel investors such as Kunal Shah. The funds will be used to build and scale a technology platform in the EV financing sector. Ohm's platform will act as a critical bridge, connecting EV players with a host of financial institutions. Ohm aims to facilitate debt and leasing options to both new entrants as well existing businesses that are switching to clean mobility.

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