Indian electric two-wheeler maker, Odysse Electric, plans to raise $5-10M for growth, product development, and expansion.
Odysse Electric, an Indian electric two-wheeler maker, plans to raise $5-10M to support growth, enhance manufacturing, develop new products, expand networks, and boost branding/marketing. CEO Nemin Vora aims to introduce high-speed scooters and an e-superbike, targeting non-metro areas. The EV sector is projected to grow 6-8% in FY25, driven by initiatives like the Electric Mobility Promotion Scheme 2024.
April 21, 2024
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