Oben Electric Raises INR 40 Cr To Ramp Up Production
EV startup Oben Electric has raised INR 40 Cr in an extended Pre-Series A round, bringing its total Pre-Series A fundraise to INR 72 Cr.
Source: inc42.com
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EV startup Oben Electric has raised INR 40 Cr in an extended Pre-Series A round, bringing its total Pre-Series A fundraise to INR 72 Cr.
The funding will help Oben Electric increase production capacity to 1,00,000 units per year at its 3.5-acre manufacturing facility in Bengaluru, and expand distribution, per a statement.
The funding will help the startup to cater to its existing orders, ramp up production capacity, and expand its distribution network