TDK Powers Ultraviolette’s Global Ambitions With $21 Mn Bet

, By INC42
Mobility

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SUMMARY

The fresh funds will accelerate Ultraviolette’s product portfolio expansion and widen the retail footprint

Ultraviolette has made several launches in this year so far, including its first electric scooter, Tesseract, while also unveiling electric motorcycle Shockwave and F77 Mach 2

The company targets over $50 Mn in revenue by FY26, with Europe and India as the key growth markets

Electric two-wheeler maker Ultraviolette Automotive has secured an equity investment of $21 Mn (around INR 184 Cr) in a round led by TDK…



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TDK Powers Ultraviolette’s Global Ambitions With $21 Mn Bet

, Published By INC42
Mobility


SUMMARY

The fresh funds will accelerate Ultraviolette’s product portfolio expansion and widen the retail footprint

Ultraviolette has made several launches in this year so far, including its first electric scooter, Tesseract, while also unveiling electric motorcycle Shockwave and F77 Mach 2

The company targets over $50 Mn in revenue by FY26, with Europe and India as the key growth markets

Electric two-wheeler maker Ultraviolette Automotive has secured an equity investment of $21 Mn (around INR 184 Cr) in a round led by TDK…



Source link

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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Previous News
In a world of vibe coding startups, Uno Platform is targeting enterprise developers
Next News
Zepto Raises INR 400 Cr From Motilal Oswal Financial Services
INC42

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