How did Euler motors raise ₹ 30cr of additional financing? | StartUpCentral
Автор: ET Now
Загружено: 2021-03-04
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Today on the StartUpCentral we will talk about the 3 wheeler cargo EVs and the additional financing of Euler motors. Euler Motors, a company that makes electric commercial vehicles, has announced that it has raised Rs. 30cr in its current funding round. Existing investors Inventus India and Jetty Ventures led the ongoing Series A round, according to a press release sent on Thursday. Existing investor Sujeet Kumar, Co-founder of Udaan, as well as new investors Srinivas Anumolu and K Ganesh from Growth Story, participated in the round.
We have with us on the show Mr. Saurav Kumar, Founder and CEO, Euler Motors to talk more on this. He is overjoyed that their current investors have chosen to continue to invest in Euler Motors because they believe in their vision and execution. He is optimistic that, with their help and that of their suppliers and team, they will gain traction quickly after our upcoming launch, and over time.
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