Euler Motors

EV Maker Euler Motors Raises Rs 200 crore

The manufacturer of commercial electric vehicles, Euler Motors, announced that it has closed its Series C round, having raised approximately Rs 200 crore. The business had previously obtained over $60 million in new financing in October 2022 and approximately $14.5 million in November 2023. This round’s investors include Blume Ventures, a domestic venture capital firm, […]

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Euler Motors & Fyn Partner to Drive Logistics for Fast Charging EVs

A vertically integrated EV as a service platform, Fyn, has announced a strategic partnership with Euler Motors to procure 2000 fast charging three-wheeler EVs. Through this alliance, the firm claims, Euler Motors will empower Fyn to establish the country’s largest three-wheeler fast charging EV fleet, dedicated to serving the burgeoning B2B sector with its flagship […]

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RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt

Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […]

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Euler Motors Partners Magenta for 1000 HiLoad Electric Vehicle deployment

Euler Motors, has announced it has tied up with Magenta for the deployment of 1000 HiLoad electric vehicles – the electric 3-wheeler cargo vehicles. Euler is an electric vehicle company and Magenta is an integrated clean energy and electric mobility solutions provider. In the partnership, Magenta will deploy Euler electric vehicles first in Bangalore and then to […]

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The Top 5: Electric Three-wheeler Manufacturers in India

The Indian electric vehicle segment, just like the rest of the world, has shown an enthusiastic uptick over the last few years. The country’s three-wheeler EV market is one of the segments with the highest potential in electric mobility as the country notched up a record 45 per cent share in total EV sales in […]

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Euler Motors, TWU to Deploy 1,000 E3W Within a Year

Bengaluru-based Electric Vehicle (EV) financier Three Wheels United (TWU) announced it has partenered with EV maker Euler Motors to deploy more than 1,000 electric 3-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2022-23. TWU aims to address the issue of high cost of finance for drivers of electric […]

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Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million

Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […]

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EV Manufacturer Euler Motors Raises INR 30 Crore From Its Investors

Delhi-based electric mobility solutions provider, Euler Motors has announced that it has raised Rs 30 crore from its existing and new investors as a part of its ongoing Series A round. The company has raised the investment from existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan. Additionally, this round of investment has […]

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