EV motorcycle startup Raptee received a Rs 3.27 crore grant from ARAI

Share via:

EV motorcycle startup Raptee received a Rs 3.27 crore grant from the Automotive Research Association of India (ARAI). The grant was made possible through AMTIF’s (Advance Mobility Transformation & Innovation Foundation) Industry Accelerator programme, which is part of the Ministry of Heavy Industries’ Capital Goods Scheme. Raptee is one of ten startups and MSMEs to receive this ARAI grant.

The funds received by Raptee will be used to develop the motorcycle’s design and core high voltage motor controller over the next eighteen months, as the company prepares to launch its first motorcycle later this year.

In 1989, the Government of India appointed ARAI as the testing and certification agency under Rule 126 of the Central Motor Vehicle Rules. ARAI certifies vehicles and parts to ensure their safety, efficiency, and dependability. Any automobile that is to be driven on Indian roads must first obtain official approval from the ARAI, after which the state transport authorities must register the vehicle in their respective RTOs.In 1989, the Government of India appointed ARAI as the testing and certification agency under Rule 126 of the Central Motor Vehicle Rules. ARAI certifies vehicles and parts to ensure their safety, efficiency, and dependability. Any automobile that is to be driven on Indian roads must first obtain official approval from the ARAI, after which the state transport authorities must register the vehicle in their respective RTOs.

Raptee is currently in the production stage in preparation for the launch of its premium E motorcycle later this year. They are on a mission to create a motorbike that is more than just an electric vehicle; rather, an augmented machine built with an adaptive machine-learning algorithm that is intuitive, intelligent, and safe, with features such as throttle mapping, blind-spot detection, and Bluetooth connectivity to provide you with an effortless experience.

The Memorandums of Understanding were signed in the presence of Dr Mahendra Nath Pandey, Hon’ble Minister of Heavy Industries, Government of India.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

EV motorcycle startup Raptee received a Rs 3.27 crore grant from ARAI

EV motorcycle startup Raptee received a Rs 3.27 crore grant from the Automotive Research Association of India (ARAI). The grant was made possible through AMTIF’s (Advance Mobility Transformation & Innovation Foundation) Industry Accelerator programme, which is part of the Ministry of Heavy Industries’ Capital Goods Scheme. Raptee is one of ten startups and MSMEs to receive this ARAI grant.

The funds received by Raptee will be used to develop the motorcycle’s design and core high voltage motor controller over the next eighteen months, as the company prepares to launch its first motorcycle later this year.

In 1989, the Government of India appointed ARAI as the testing and certification agency under Rule 126 of the Central Motor Vehicle Rules. ARAI certifies vehicles and parts to ensure their safety, efficiency, and dependability. Any automobile that is to be driven on Indian roads must first obtain official approval from the ARAI, after which the state transport authorities must register the vehicle in their respective RTOs.In 1989, the Government of India appointed ARAI as the testing and certification agency under Rule 126 of the Central Motor Vehicle Rules. ARAI certifies vehicles and parts to ensure their safety, efficiency, and dependability. Any automobile that is to be driven on Indian roads must first obtain official approval from the ARAI, after which the state transport authorities must register the vehicle in their respective RTOs.

Raptee is currently in the production stage in preparation for the launch of its premium E motorcycle later this year. They are on a mission to create a motorbike that is more than just an electric vehicle; rather, an augmented machine built with an adaptive machine-learning algorithm that is intuitive, intelligent, and safe, with features such as throttle mapping, blind-spot detection, and Bluetooth connectivity to provide you with an effortless experience.

The Memorandums of Understanding were signed in the presence of Dr Mahendra Nath Pandey, Hon’ble Minister of Heavy Industries, Government of India.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We 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.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

Gig Workers in California to receive back payments for...

Uber, Lyft, DoorDash, and other app-based ride-hail and delivery...

Over 60% of GCC businesses adopting Artificial Intelligence: McKinsey

According to a recent report by McKinsey, more than...

Shopify introduces Shop Cash rewards program for Shop app...

Shopify has unveiled a new rewards program called Shop...

Popular

Upcoming Events

Startup Bootcamp - Entrepreneurship Alchemy | May 18 - July 6

Transforming Ideas into Gold: Learn The Entrepreneurship Alchemy"

The Startup Mixer - Bengaluru | June 04

Pushstart presents The Startup Mixer, which is coming to Bengaluru on 4th June (Sunday).

The Startup Mixer - Mumbai | June 04

Pushstart presents The Startup Mixer, which is coming to Mumbai on 4th June (Sunday).

CoinDCX Lucknow Chapter - The Power of Web3 Communities | June 03

With the rapid growth of Web3 technologies, such as blockchain and crypto, it has...

Startup Information that matters. Get in your inbox Daily!

325th Startup Meetup @ Delhi 3rd June - Sold Out