Tech Company Financing Transactions
Euler Motors Funding Round
Euler Motors closed a $24 million Series C financing round on 5/31/2024. Investors included Piramal Alternatives, Blume Ventures and British International Investment.
Transaction Overview
Company Name
Announced On
5/31/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
B-99, Panchsheel Vihar
New Delhi, 110017
IN
New Delhi, 110017
IN
Phone
Undisclosed
Website
Email Address
Overview
Manufacturer of electric vehicles designed to accelerate India's transition to sustainable mobility. The company's electric three-wheelers can be used for intra-city goods transportation, such as for e-commerce or any last-mile goods delivery, enabling users to get electric vehicles that need lower maintenance costs as well as reduce the cost of fleet operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Saurav Kumar
Co-Founder
Gaurav Kumar
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We do our best to document tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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