EV-maker Euler Motors raises Rs 200 cr, closes Series C funding round at Rs 570 cr, plans to expand operations to over 40 cities by FY25.

EV-maker Euler Motors raises Rs 200 cr, closes Series C funding round at Rs 570 cr; to expand operations to over 40 cities by FY25. The company plans to use the funds to scale its pan-India presence, servicing infrastructure and establish a presence in over 40 cities. It will also use the funding for product development and augmenting technological and R&D capabilities.

May 29, 2024
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