Ultraviolette expands capital base with fresh EV investment round

Ultraviolette’s latest $92 million funding adds momentum to India’s EV startup space as overall 2025 fundraising accelerates across nearly 470 rounds.

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9 days ago

Ultraviolette expands capital base with fresh EV investment round

Ultraviolette expands capital base with fresh EV investment round
Ultraviolette secured $92 million in new funding from New Delhi–based investors, following a $2.5 million infusion from a Pune fintech backer a day earlier. The company continues strengthening its electric mobility roadmap as India’s total startup fundraising for 2025 reaches $5.7 billion across roughly 470 rounds. The capital boost supports scale-up efforts in manufacturing, battery capabilities, and distribution.
Companies:
  • Ultraviolette
Tags:
  • startups
  • ev