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Euler Motors Raises ₹638 Cr in Series D Led by Hero MotoCorp
Hindustan Times Jaipur
|May 20, 2025
Electric commercial vehicle startup Euler Motors on Monday announced that it has raised ₹638 crore in a Series D funding round led by Hero MotoCorp.
MUMBAI: The round also saw participation from existing investor British International Investment (BII), the UK's development finance institution, Euler Motors said in a statement.
With this round, Euler Motors has, so far, raised approximately ₹1,420 crore in various funding rounds, it added. This fresh capital infusion will be utilised in expanding the company's sales and service network while advancing new product development, the statement said.
Euler Motors said it has secured investment amid rapidly scaling operations and strengthening of leadership in the commercial EV segment.
Esta historia es de la edición May 20, 2025 de Hindustan Times Jaipur.
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