EMotorad raised Rs 24 crore in a Pre-series A led by Green Frontier Capital (GFC)

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EMotorad raised Rs 24 crore in a Pre-series A led by Green Frontier Capital (GFC), an investment firm that specialises in climate investment, LetsVenture , and Ivy Growth Associates.

EMotorad (EM) is a Pune-based electric vehicle company that aims to provide eco-friendly, futuristic e-bikes at an affordable price for adventurers, daily commuters, and casual riders. The funds will be used to accelerate business growth, hire top industry talent, and scale the company. It also intends to incorporate advanced technology to change how consumers perceive cycling. Furthermore, it intends to build a layer of technology on top of the existing e-bike that will give users access to a one-of-a-kind cycling community platform focused on health and community benefits.

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EMotorad raised Rs 24 crore in a Pre-series A led by Green Frontier Capital (GFC)

EMotorad raised Rs 24 crore in a Pre-series A led by Green Frontier Capital (GFC), an investment firm that specialises in climate investment, LetsVenture , and Ivy Growth Associates.

EMotorad (EM) is a Pune-based electric vehicle company that aims to provide eco-friendly, futuristic e-bikes at an affordable price for adventurers, daily commuters, and casual riders. The funds will be used to accelerate business growth, hire top industry talent, and scale the company. It also intends to incorporate advanced technology to change how consumers perceive cycling. Furthermore, it intends to build a layer of technology on top of the existing e-bike that will give users access to a one-of-a-kind cycling community platform focused on health and community benefits.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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