FundingMobility & Logistics
Raptee.HV nears ₹150 crore funding round
By Abha Lohia · Editor ·
Chennai
- Raptee.HV is a Chennai company building high-voltage electric motorcycles, making about 100 vehicles a month today
- It is in final talks to close ₹150 crore from private equity and venture investors within roughly 90 days
- The money will fund higher production, with capacity planned at 300 a month by March and a larger Cheyyar plant later
What happened
- Raptee.HV is closing a ₹150 crore round.
- Output should rise from 100 to 300 units a month by March.
- A new experience centre opened in Chennai.
Why it matters
- Funds cover expansion and running costs.
- It also gets ₹25 crore capital support from the state industrial agency.
The business
- Chennai-based maker of electric motorcycles.
- Current plant has room for 1,500 units.
- A 40-acre Cheyyar site is planned for production from FY29.
The founders
Who put in money
- TIDCO Capital support — Tamil Nadu Industrial Development Corporation
In numbers
100 vehiclesMonthly output · 2026
75,000 a monthPlanned capacity
What happens next
- Close round within 90 days
The numbers around it
Mobility & Logistics in November 2026: 3 rounds with a disclosed amount, $85.8 million in all; the biggest was Ola Electric (₹600 Cr). Every sector this year →
Terms in this story
- Private equity: Venture capital backs young companies that could grow very fast, taking small stakes and accepting that many will fail, while private equity backs mature companies, often with large or controlling stakes and steadier returns. In India both usually invest through SEBI-registered AIFs, with venture capital funds in Category I and most private equity in Category II.
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