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Euler Motors raised Rs 200 crore in funding led by Piramal Alternatives India Access Fund. The firm aims to become India's top electric commercial vehicle brand, with plans to expand to 40 cities by FY25.
The final tranche of the Series C round was participated by existing investors British International Investment, Blume Ventures and new investor Piramal Alternatives.
New Delhi, May 29 (IANS) Electric Vehicle (EV) manufacturer Euler Motors on Wednesday said that it raised an additional Rs 200 crore to close its Ser
Commercial electric-vehicle maker Euler Motors, which raised nearly $60 million in fresh capital in October 2022 and about $14.5 million in November 2023 as a ......
Euler Motors Deal With Magenta Mobility: The EVs will be manufactured at Euler Motors’ manufacturing hub at Palwal, Haryana, the company said.