AUTO
Ultraviolette Raises $85 Mn To Scale EV Production, Global Expansion
Ultraviolette, the electric mobility company, has raised $85 million in a new funding round led by deep-tech fund Yali Capital and TDK Ventures, with participation from Lip-Bu Tan, Chairman of Walden International and Advisor to Ultraviolette, along with the company’s existing and long-term investors. Capital to support production and new EV platforms The fresh capital […]
CW Bureau
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Sep 23, 2026
AUTO
Yulu Raises $93 Mn In Series C Led By GEF Capital Partners For Expansion
Electric mobility-as-a-service platform Yulu has raised $93 million in its Series C funding round, comprising $63 million in equity led by GEF Capital Partners and $30 million in debt. The latest fundraise, the largest in Yulu’s history, will help the company expand its electric vehicle fleet fourfold to 200,000 EVs within the next two years, […]
CW Bureau
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Aug 12, 2026
STARTUP/TECHNOLOGY
EMotorad Appoints Former CARS24 CEO Himanshu Ratnoo As Co-Founder
India’s leading electric cycle brand EMotorad has appointed Himanshu Ratnoo as Co-Founder, strengthening its leadership team as the company accelerates expansion across global markets, mass mobility and new product categories. Ratnoo was most recently the India CEO at CARS24. Leadership push for next growth phase The appointment signals EMotorad’s intent to build institutional-grade leadership at […]
CW Bureau
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May 28, 2026
AUTO
Oben Electric Launches Rorr EVO At ₹99,999 To Boost Mass EV Adoption
Oben Electric has unveiled the Rorr EVO at an introductory price of ₹99,999 (ex-showroom) for the first 10,000 customers, positioning it as a decisive step in redefining electric motorcycling in India. The model aims to combine design, performance, and everyday usability into a single, cohesive package. Product positioningThe Rorr EVO is engineered as a no-compromise […]
CW Bureau
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Apr 30, 2026