Euler Motors Bags INR 20 Cr From Inventus To Launch Its EV Model This Year


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New Delhi-based electric vehicle (EV) startup Euler Motors has raised INR 20 Cr in Series A funding round led by Inventus Capital India. Blume Ventures, Singapore-based Jetty Ventures India and B2B ecommerce platform Udaan’s co-founder Sujeet Kumar. Euler Motors will use the latest funding to hire talent, R&D and supply chain localization. It is also looking to use this funding to expedite its product and technology.