Euler Motors is a transport company that builds electric 3 and 4 wheelers that can be used for intra-city goods transportation.
Euler Motors is an automotive tech startup based out of New Delhi focused on commercial electric vehicles. Inspired by the work done by EV Companies across the globe esp. Tesla, Euler Motors is committed to accelerating India's transition to sustainable mobility. Euler aims to become the category leader for cargo transport by driving the Electric Vehicle Revolution in India. Euler Motors is focused on first solving last-mile logistics for e-commerce and 3PL players. To kickstart mass-market adoption - Euler is offering the entire "mobility as a service" stack instead of serving just one stage of a larger value-chain.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 3, 2022 | Series C | ₹4.80B | 6 | GIC | — | Detail |
Apr 17, 2022 | Series B | $5M | 1 | Moglix | — | Detail |
Nov 22, 2021 | Series B | ₹740M | 6 | QRG Investments and Holdings | — | Detail |
Mar 17, 2021 | Series A | $9.40M | 3 | — | — | Detail |
Mar 4, 2021 | Series A | ₹300M | 5 | Athera Venture Partners Jetty Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
GIC | Yes | Series C |
ADB Ventures | — | Series C |
Athera Venture Partners | — | Series C |
Blume Ventures | — | Series C |
Moglix | — | Series C |
QRG Investments and Holdings | — | Series C |
Jetty Ventures | — | Series B |
Kailash Trust | — | Series B |
Ganesh Krishnan | — | Series A |
Srinivas Anumolu | — | Series A |