Bengaluru: Ultraviolette today announced that it has raised $45 million in fresh capital as part of its ongoing Series E Funding round.
The latest investments come from Zoho Corporation and Lingotto, strengthening the electric mobility company’s domestic and international growth plans.
Ultraviolette Series E Funding to Drive Product Scale-Up
The Ultraviolette Series E Funding will support the expansion of current products – the F77 electric performance motorcycle and the newly launched X-47 crossover – as well as future platforms including Shockwave and Tesseract.
The investment from Zoho Corporation was led by Sridhar Vembu, Mani Vembu and Kumar Vembu.
Ultraviolette recently introduced the X-47 crossover electric motorcycle, which has seen high nationwide demand. Over the last 12 months, the company has expanded to 30 cities across India and aims to scale to 100 cities by mid-2026.
Also Read: Ultraviolette Expansion: Brand Adds Six Space Stations Across Mumbai and Pune
The F77 motorcycle was recently launched in the United Kingdom, expanding the company’s global presence to 12 countries across Europe.
Investor Confidence Strengthens Ultraviolette’s Global Strategy
The continued momentum in the Ultraviolette Series E Funding round reflects strong investor confidence in its innovation-led growth trajectory, the company has stated.
The company is positioning itself as a technology-driven mobility brand offering advanced design, performance and engineering.
“We are glad to announce our Series E investment from Zoho and Lingotto,” said Narayan Subramaniam, Co-Founder & CEO of Ultraviolette.
“Lingotto’s history of backing iconic mobility and performance brands, combined with Zoho’s long-term commitment to supporting Indian innovation, aligns with our mission to build category-defining electric mobility solutions for India and global markets.”
Also Read: Ultraviolette X-47 Crossover Surpasses 3000 Bookings in 24 Hours; Offer Extended to 5000 Customers
Strengthening Production and Battery Technology
CTO & Co-Founder Niraj Rajmohan noted that the Ultraviolette Series E Funding will play a key role in scaling production to match rising demand.
“Our focus is on advancing breakthrough battery technology, enhancing performance, and expanding production capacity for upcoming platforms. This investment accelerates our journey toward rapid expansion in India and international markets,” he said.
