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Etrio raises $3 Mn in Series A funding round, Eyes growth in 3-wheeler segment

Shortpedia

Content Team
Image Credit: shortpedia

Hyderabad-based electric vehicle retro fitment kit maker Etrio has raised $3 Mn in Series A funding round from a group of Singapore-based high net worth individuals (HNIs). The round was led by serial investor, Janardhan Rao, founder of Triumph Global Group. The company plans to use the investment to fuel the growth of new electric vehicles in three-wheelers and bicycle product lines.