Euler Motors raises Rs 120 crore from BII, Blume Ventures and Green Frontier Capital and others in Series-C extension round
Euler Motors, an electric three-wheeler company has successfully raised Rs 120 crore in its ongoing series-C extension round. The round sees a commitment from British International Investment (BII), the UK Government’s development finance institution and impact investor.
BII will co-invest with Blume Ventures, in support of electric mobility and the green energy transition in India. Euler Motors says the round also saw participation from Green Frontier Capital, an investment firm focused on growth companies delivering breakthrough innovation in green industries.
