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Funding · Mobility & Logistics

Ultraviolette in talks to raise $45-50 million from existing investors

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Ultraviolette logo
Date
Company
Ultraviolette
What it does
electric motorcycle maker
Kind
Funding
Amount
$45-50 million
Stage
growth
Based in
Bangalore
Founded
2016
Sector
Mobility & Logistics

What they do

Ultraviolette is an electric motorcycle maker based in India, known for its high-performance electric motorcycles and EV platform

What happened

The company is in talks to raise $45-50 million from existing investors including Speciale Invest and TDK Ventures as part of its ongoing funding round

Why it matters

This follows a $45 million investment from Zoho Corporation and Lingotto in December 2025 and a $21 million investment in August 2025 led by TDK Ventures

The details

  • Ultraviolette is in talks to raise $45-50 million from existing investors as part of its ongoing funding round.
  • The company had raised $45 million from Zoho Corporation and Italy-based investment firm Lingotto in December 2025 as part of this round.
  • In August 2025, Ultraviolette raised $21 million as part of the same round, led by TDK Ventures.
  • The current funding will bring the total capital raised in this round to $115-120 million.

The bigger picture

  • The company has been raising capital in multiple tranches, indicating strong investor confidence in its growth potential.

About the business

  • The company offers a range of high-performance electric motorcycles and EV platforms, including models like the X-47, F77 SuperStreet, and F77 Mach 2.
  • Ultraviolette's vehicles are designed with advanced battery technology, offering a range of up to 323 kilometers on a single charge.
  • The company has developed a proprietary battery system called SRB-10, which includes multiple layers of safety technology.
  • Ultraviolette's products are available for pre-booking and test rides through its website.

The deal

Type
funding

Investors

  • Zoho Corporation (investor) — A leading software company based in India, known for its productivity tools and enterprise solutions.
  • Lingotto (investor) — An Italian investment firm focused on supporting innovative startups and technology companies.
  • TDK Ventures (investor) — A venture capital firm based in India, known for investing in early-stage technology startups.
  • Speciale Invest (investor) — A private equity firm focused on investing in high-growth technology and consumer companies.

Founders

  • Rahul Bajaj, Founder and CEO

About Ultraviolette

Product
Electric two-wheelers, including motorcycles and upcoming scooter and dirt-bike models.
Customers
Consumers buying electric motorcycles and other EV two-wheelers.
How it makes money
Sells vehicles directly to end customers through an automotive retail model.
Operations
Expanding manufacturing capacity in Karnataka and Tamil Nadu.

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