+
Ultraviolette to raise funds for global expansion plans
ECONOMY & POLICY

Ultraviolette to raise funds for global expansion plans

Launch of an electric car company in Bengaluru At its manufacturing plant in Bengaluru, Ultraviolette Automotive has started shipping its high-performance electric motorcycle, the F77, to clients. The company claims that this is the beginning of its next phase of growth, which will see it open dealerships across the country and broaden its global reach.

In fact, as part of its global expansion goals and in support of its vehicle development platform, Ultraviollete Automotive has revealed plans to raise $120 million. Exor Capital, Qualcomm Ventures, TVS Motor Company, Zoho Corp, Gofrugal Technologies, and Speciale Invest are just a few of the investors who have contributed more than $55 million to the startup to date.

"The F77 is the outcome of our drive to create an electric motorcycle that is a head-turner across all dimensions," stated Narayan Subramaniam, CEO and Co-Founder of Ultraviolette. It is uniquely Indian in every way, with a gorgeous design and thrilling performance.

Now that deliveries are in progress, Ultraviolette is focusing on growing its presence on a national and international level. In order to meet the rising demand for high-performance electric motorcycles, the company is creating a statewide network of dealerships and trying to quicken its expansion into new foreign markets.

Our investors share our vision for the future of mobility, according to Niraj Rajmohan, co-founder and chief technology officer of Ultraviolette. It's crucial that we keep looking ahead and push through to Ultraviolette's next stage of growth when deliveries of the F77 begin. With the help of investors who share our goal, Ultraviolette will be able to grow new vehicle programmes, increase our local presence, and quicken the launch of new products abroad.

Launch of an electric car company in Bengaluru At its manufacturing plant in Bengaluru, Ultraviolette Automotive has started shipping its high-performance electric motorcycle, the F77, to clients. The company claims that this is the beginning of its next phase of growth, which will see it open dealerships across the country and broaden its global reach. In fact, as part of its global expansion goals and in support of its vehicle development platform, Ultraviollete Automotive has revealed plans to raise $120 million. Exor Capital, Qualcomm Ventures, TVS Motor Company, Zoho Corp, Gofrugal Technologies, and Speciale Invest are just a few of the investors who have contributed more than $55 million to the startup to date. The F77 is the outcome of our drive to create an electric motorcycle that is a head-turner across all dimensions, stated Narayan Subramaniam, CEO and Co-Founder of Ultraviolette. It is uniquely Indian in every way, with a gorgeous design and thrilling performance. Now that deliveries are in progress, Ultraviolette is focusing on growing its presence on a national and international level. In order to meet the rising demand for high-performance electric motorcycles, the company is creating a statewide network of dealerships and trying to quicken its expansion into new foreign markets. Our investors share our vision for the future of mobility, according to Niraj Rajmohan, co-founder and chief technology officer of Ultraviolette. It's crucial that we keep looking ahead and push through to Ultraviolette's next stage of growth when deliveries of the F77 begin. With the help of investors who share our goal, Ultraviolette will be able to grow new vehicle programmes, increase our local presence, and quicken the launch of new products abroad.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code