India startup funding rose 391.13% to $140.53M across 17 rounds, led by Ultraviolette’s $85M Series E, the latest Tracxn weekly tracker shows.
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Ultraviolette Raises $85 Million Led by Yali Capital, TDK Ventures
Ultraviolette raises $85 million led by Yali Capital and TDK Ventures to scale EV production, develop next-gen platforms and expand globally.
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Ultraviolette Announces BIGGA Factory in Hosur to Scale Production to 250,000 Units
Ultraviolette announces BIGGA Factory in Hosur to scale annual production to 250,000 vehicles, with capacity designed to reach 500,000 units.
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Ultraviolette Series E Funding: Zoho and Lingotto Invest USD 45 Million
Ultraviolette Series E Funding secures $45M from Zoho and Lingotto to scale F77, X-47, and future platforms while expanding across India and global markets.
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TDK Ventures Invests USD 21 Million in Ultraviolette
Ultraviolette is aggressively scaling its retail footprint in India, expanding from its current presence in 20 cities to over 100 cities nationwide.
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