Ultraviolette raises new funds and targets the US market
The TDK Ventures-backed Indian electric motorcycle maker is speeding up international expansion after its latest funding round.
Ultraviolette, a young Indian company focused on electric motorcycles, has completed a new funding round with support from existing investors, including TDK Ventures. The deal comes as the brand prepares to move beyond its home market.
Its main target is the United States, a key market for battery-powered two-wheelers. For the green mobility sector, this is a significant signal: emerging Indian manufacturers are increasingly looking at exports and global competition.
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