Tork Motors Secures $6 Mn From Maxis Capital

Feb 14, 2024•almost 2 years ago

Amount Raised

$6 Million

PuneAutomotive

Maxis Capital

Tork Motors has raised USD 6 million from Maxis Capital, marking its second institutional round in two-and-a-half years.

Company Information

Company

Tork Motors

Location

Pune, Maharashtra, India

About

Tork Motors is a high-performance electric vehicle and charging infrastructure manufacturing startup based out of Pune, India.

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Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers