The investors in Ultraviolette Automotive, often referred to as Ultra Violette, include a mix of existing and new partners. These investors recently participated in a significant funding round, demonstrating their continued confidence in the company's vision and growth.
Key Investors in Ultraviolette Automotive
Ultraviolette Automotive, the electric two-wheeler manufacturer, has successfully raised capital from several investors. In a recent funding round of INR 130 Cr ($15.3 Mn), the company secured investments from the following entities:
- Zoho: An existing investor, Zoho continues to support Ultraviolette Automotive, reinforcing its commitment to the company's development and expansion.
- Lingotto: Formerly known as Exor Capital, Lingotto is a prominent investor that has joined the funding round, contributing to Ultraviolette's financial strength.
- Mudhal Partners: This investment firm is another key participant in the recent funding, helping Ultraviolette accelerate its plans.
- Ojas Consultation: Ojas Consultation has also invested in Ultraviolette Automotive, adding to the diverse investor base.
The table below provides a clear overview of these key investors:
| Investor Name | Type of Involvement | Notes |
|---|---|---|
| Zoho | Existing Investor | Continues support for the company. |
| Lingotto | New Investor (as Lingotto) | Previously known as Exor Capital. |
| Mudhal Partners | New Investor | Contributes to the company's growth. |
| Ojas Consultation | New Investor | Part of the recent funding round. |
These investments are crucial for Ultraviolette Automotive as it continues to innovate and expand its presence in the electric two-wheeler market.
