#eulermotors

Electric commercial vehicle maker Euler Motors has raised 47 million USD in Series E funding led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. The round also included 250 million USD in debt funding. The proceeds will expand product line and manufacturing capacity across India. https://entrackr.com/news/euler-motors-raises-47-mn-in-series-e-round-led-by-lightrock-11259258 #India #Tech #EV #EulerMotors

Euler Motors is gearing up to raise Rs 220 crore (around 5 million) through a debt round in tranches. The HeroMotoCorp-backed EV startup is raising Rs 105 crore in first tranche through non-convertible debentures, led by BlackSoil Capital with Rs 75 crore and Trifecta Venture with Rs 30 crore. https://entrackr.com/exclusive/exclusive-euler-motors-plans-25-mn-debt-in-tranches-11138670 #India #Tech #News #EulerMotors #EV