EV Startup 3ev Raises INR 120 Cr, Plans To Step Up Manufacturing Capabilities

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SUMMARY

The Series A funding round was led by Mahanagar Gas Limited, while it saw participation from Equentis Angel Fund and Thackersey Group

While MGL infused INR 96 Cr in the EV manufacturer, Thackersey Group invested INR 10.46 Cr

The company claimed to have more than doubled its revenue to INR 54.7 Cr in FY25 from INR 17.8 Cr a year back with sales shooting up nearly 100% to 834 EVs

Electric vehicle original equipment manufacturer 3EV Industries has raised INR 120 Cr…



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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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EV Startup 3ev Raises INR 120 Cr, Plans To Step Up Manufacturing Capabilities


SUMMARY

The Series A funding round was led by Mahanagar Gas Limited, while it saw participation from Equentis Angel Fund and Thackersey Group

While MGL infused INR 96 Cr in the EV manufacturer, Thackersey Group invested INR 10.46 Cr

The company claimed to have more than doubled its revenue to INR 54.7 Cr in FY25 from INR 17.8 Cr a year back with sales shooting up nearly 100% to 834 EVs

Electric vehicle original equipment manufacturer 3EV Industries has raised INR 120 Cr…



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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