Thursday, 4 December, 2025
EV Bike Maker Ultraviolette Raises $45M from Zoho and Exor
Ultraviolette Automotive, the Indian electric motorcycle manufacturer, successfully raised $45 million in a funding round. Key investors included Zoho and Exor (the holding company of Ferrari's owners). This capital infusion is earmarked for expanding its production capacity and accelerating the commercial launch of its performance-oriented F77 electric bike, signaling strong investor confidence in the premium EV two-wheeler segment.
Read full story at Economic Times