Asian Energy Services invests in VAAN Electric Moto
Indian e-Mobility startup, VAAN Electric Moto pvt Ltd, has raised Rs 6 crore from Asian Energy Services Limited, an oil and gas services company. VAAN which began its operation in 2019 is recognised worldwide as an Indian Life Style E-mobility startup which intends to bring to the market the products, including e-bikes, e-mopeds, e-scooters and even e-boats.
The company was launched globally at the famed EICMA motorcycle show in Italy held in November, last year.
“Asian Energy Services was attracted to VAAN Electric Private Limited considering the vast opportunities in the e-mobility sector. Asian Energy Services has also expressed interest in more investment in the company,” VAAN Electric said in a release.
