Euler Motors raises Rs 200 crore in Series C funding led by British International Investment and Blume Ventures for expansion to 40 cities and product development.
Amount Raised
₹2 Billion
Round Type
Series C
New DelhiTransportationInvestors
Description
Euler Motors Pvt. has raised an additional Rs 200 crore to close its Series C funding round, led by existing investors British International Investment and Blume Ventures, as well as new investor Piramal Alternatives India Access Fund. The funding will be used to expand operations to more than 40 cities in fiscal 2025 and for product development.
Quick answer
Euler Motors raised ₹2 Billion in a Series C round, dated May 29, 2024. Investors: Piramal Alternatives India Access Fund, Blume Ventures and British International Investment. Euler Motors is based in New Delhi, Delhi, India.
- How much did Euler Motors raise?
- Euler Motors raised ₹2 Billion in a Series C round on May 29, 2024.
- Who invested in Euler Motors?
- Piramal Alternatives India Access Fund, Blume Ventures and British International Investment are named as investors in this round.
- What does Euler Motors do?
- The company plans to utilise these funds to scale up and strengthen its production capacity to deliver the strong order line up for its recently launched HiLoad EV and also prepare to cater to strong demand from the..
- Where is Euler Motors based and how big is it?
- Euler Motors is based in New Delhi, Delhi, India. Fundz records about 450 employees.
- Who are the decision-makers at Euler Motors?
- Fundz holds 3 contacts at Euler Motors, including the Founder and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Euler Motors that raised within 45 days of this round, from Fundz verified event records.
- LimoLane raised $38M (Private Equity) on July 12, 2024.
- FastBeetle Logistics Pvt. Ltd raised an undisclosed amount (Seed) on July 12, 2024.
- DST raised $100M (Series E) on July 9, 2024.
- Volant Aero raised $13M (Series A) on July 5, 2024.
- Roboat raised $592K (Seed) on July 4, 2024.
- Lobb raised $2.9M (Seed) on July 4, 2024.
Who to call at Euler Motors, and when
A new round usually means Euler Motors is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Euler Motors raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Euler Motors, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Euler Motors. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Euler Motors raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Euler Motors raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.