EV startup Motovolt Mobility secures funding to build presence in the e-bike category


Content Team
Image Credit: inc42

Electric two-wheeler startup Motovolt Mobility has secured $1.9 Mn in Pre-Series A funding round led by Wami Capital. PPAP Automotive, JK Group’s Vikrampati Singhania, Crystal Crop’s Ankur Agarwal and PeeSafe’s Vikas Bagaria have also participated in the funding round. The development comes a few months after Motovolt reportedly announced plans to infuse INR 200 Cr into its business in 2023.