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3ev Industries secures ₹120 crore in Series A funding led by Mahanagar Gas Limited to enhance manufacturing and infrastructure.

PRIVATENov 26, 2025

Amount Raised

₹1.2 Billion

Round Type

Series A

BengaluruManufacturingTransportationSolarAutomotive

Investors

Mahanagar Gas LimitedEquentis Angel FundThackersey Group

Description

Bengaluru-based electric vehicle OEM, 3ev Industries, has raised ₹120 crore in a Series A funding round led by Mahanagar Gas Limited. The funding will be used to scale operations, including charging infrastructure and aftermarket services. Additional contributions came from Equentis Angel Fund, Thackersey Group, and other investors. 3ev is focused on expanding its sales and developing new technologies.

Quick answer

3ev Industries raised ₹1.2 Billion in a Series A round, dated November 26, 2025. Investors: Mahanagar Gas Limited, Equentis Angel Fund and Thackersey Group. 3ev Industries is based in Bengaluru, Karnataka, India.

How much did 3ev Industries raise?
3ev Industries raised ₹1.2 Billion in a Series A round on November 26, 2025.
Who invested in 3ev Industries?
Mahanagar Gas Limited, Equentis Angel Fund and Thackersey Group are named as investors in this round.
What does 3ev Industries do?
3ev Industries is a Bengaluru-based electric vehicle OEM specializing in manufacturing and providing charging infrastructure and aftermarket services.
Where is 3ev Industries based and how big is it?
3ev Industries is based in Bengaluru, Karnataka, India.
Who are the decision-makers at 3ev Industries?
Fundz holds 2 contacts at 3ev Industries. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Solar around the same time

Companies in the same sectors as 3ev Industries that raised within 45 days of this round, from Fundz verified event records.

  • General Motors (GM) raised $1B (Post-IPO Equity) on October 27, 2025.
  • EKA Mobility raised $57M (Series A) on October 17, 2025.
  • Aptera Motors raised $75M (Post-IPO Equity) on October 14, 2025.
  • Road Angel raised $784K (Grant) on January 8, 2026.
  • RoadGrid raised $1.3M (Pre-Series A) on January 7, 2026.
  • Energy Vault raised $15M (Convertible Note) on January 2, 2026.

Who to call at 3ev Industries, and when

A new round usually means 3ev Industries is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at 3ev Industries, from your own LinkedIn network

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Company Information

Company

3ev Industries

Location

Bengaluru, Karnataka, India

About

3ev Industries is a Bengaluru-based electric vehicle OEM specializing in manufacturing and providing charging infrastructure and aftermarket services. The company has shown remarkable growth, doubling its vehicle sales year-on-year and targeting significant revenue increases in the coming years. They are focused on strengthening supply-chain integration and developing new technologies like regenerative braking systems and solar-assisted cold-chain EVs.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

3ev Industries raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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