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Oben Electric Secures Additional $1 Million In Seed Round From Gvk Power, Others

PRIVATEJan 24, 2022

Amount Raised

$1 Million

Round Type

Seed

BengaluruCommerce and ShoppingHardwareFood and BeverageTransportationAutomotive

Description

Chennai: Two-wheeler EV startup Oben Electric on Monday said it has raised an additional $1 million in funding from Krishna Bhupal, Board Member GVK Power & Infra, Shajikumar Devakar, Executive Director IIFL Wealth and other investors.

Quick answer

Oben Electric raised $1 Million in a Seed round, dated January 24, 2022. Oben Electric is based in Bengaluru, Karnataka, India.

How much did Oben Electric raise?
Oben Electric raised $1 Million in a Seed round on January 24, 2022.
What does Oben Electric do?
Oben Electric is an electric motorcycle start-up, founded in Aug 2020 by IIT & IIM alumni, and is headquartered in Bengaluru.
Where is Oben Electric based and how big is it?
Oben Electric is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Oben Electric?
Fundz holds 1 contact at Oben Electric. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Hardware around the same time

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

  • Gopuff raised $1.5B (Funding Round) on December 16, 2021.
  • Pocket FM raised $65M (Funding Round) on March 3, 2022.
  • Catalina Crunch raised $4.3M (Seed) on March 2, 2022.
  • Altigreen Propulsion Labs raised $39M (Funding Round) on February 10, 2022.
  • Mobility Global raised an undisclosed amount on February 8, 2022.
  • RideNow Group, Inc. raised an undisclosed amount (Funding Round) on February 7, 2022.

Who to call at Oben Electric, and when

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

  • An alert the day Oben Electric raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Oben Electric, from your own LinkedIn network

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Company Information

Company

Oben Electric

Location

Bengaluru, Karnataka, India

About

Oben Electric is an electric motorcycle start-up, founded in Aug 2020 by IIT & IIM alumni, and is headquartered in Bengaluru. It is an R&D-driven organization designing, developing, and manufacturing electric motorcycles in-house along with critical EV components. This is enabled by a phenomenal team of passionate technologists who bring 25+ years of collective hands-on experience in electric two-wheelers and their components, with a focus on ‘Design in India for the World’. It is playing a pivotal role in changing the electric two-wheeler landscape of India with many firsts to its name. It is pioneering the use of advanced battery chemistry such as LFP in E2Ws in the country, which is significantly safer, longer, and cleaner than other widely used battery chemistries. The company also holds 18+ patents for its proprietary technology and EV components. Oben Electric as an early mover is leading the adoption of electric motorcycles in India and intends to become the largest electric motorcycle OEM globally.

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Oben Electric 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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