Oben Electric raised Rs 50 Crores in a Series A funding led by Ambis Holding US and Kuberan Ventures to expand its product offerings and establish over 100 showrooms across 50 cities in India by FY26.
Amount Raised
₹500 Million
Round Type
Series A
BengaluruCommerce and ShoppingHardwareFood and BeverageTransportationAutomotiveInvestors
Description
Oben Electric has secured Rs 50 Crores in its Series A funding round, bringing the total funding raised to Rs 150 Crores. The funding will be used for expanding product offerings and establishing a distribution network, including opening over 100 showrooms across 50 cities in India by FY26.
Quick answer
Oben Electric raised ₹500 Million in a Series A round, dated January 7, 2025. Investors: Karimjee Group, Mission Vertical, Sanjeev Saraf Family Office, Pravek Kalp Family Office, Ambis Holding US and Kuberan Ventures. Oben Electric is based in Bengaluru, Karnataka, India.
- How much did Oben Electric raise?
- Oben Electric raised ₹500 Million in a Series A round on January 7, 2025.
- Who invested in Oben Electric?
- Karimjee Group, Mission Vertical, Sanjeev Saraf Family Office, Pravek Kalp Family Office, Ambis Holding US and Kuberan Ventures are named as investors in this round.
- 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.
- ZoomCar raised $1.4M (Post-IPO Equity) on February 6, 2025.
- VoltUp raised $8M (Seed) on January 27, 2025.
- Indiyanet raised an undisclosed amount (Pre-Seed) on January 16, 2025.
- ZoomCar raised $5.5M on December 23, 2024.
- X-Bow Systems raised $25M on December 20, 2024.
- JetCharge raised $72M (Funding Round) on December 19, 2024.
Who to call at Oben Electric, and when
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Funding Insights
What this usually meansOben 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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