EV Boom Alert: Bengaluru’s Oben Electric Secures Whopping ₹100 Cr in Series A Funding! ⚡🏍️
Bengaluru-based EV trailblazer Oben Electric just dropped a major funding bombshell! The company has officially closed its Series A funding round at ₹100 Cr (approx. $11.5 Mn), supercharging its position in India’s fast-evolving electric mobility sector. And the best part? Half of that came in just now — a fresh ₹50 Cr ($5.7 Mn) infusion that’s bound to shake things up in the EV world!
Here’s everything you need to know about this electrifying update:
🔋 Massive Backing: The Series A round saw enthusiastic participation from both new and returning investors, including names like Helios Holdings, the Sharda family office, and the Kay family, signaling strong confidence in Oben’s growth trajectory.
🏍️ Born Electric: Founded in 2020 by Madhumita Agrawal, Dinkar Agarwal, and Sagar Thakkar, Oben Electric is not just another EV startup—it’s a tech-first manufacturer creating fully indigenous electric motorcycles from the ground up.
🏭 Made in Bengaluru: Oben's cutting-edge EVs are manufactured at their in-house facility in Bengaluru, ensuring full control over design, quality, and innovation—right from concept to road-ready product.
🧠 Tech Powerhouse: The company isn't just assembling bikes; it’s building the future of mobility with over 18 patents for its proprietary EV technologies and components.
📈 Strategic Momentum: With the Series A funding fully locked in, Oben is now strategically positioned for large-scale manufacturing, product expansion, and possibly, international exploration.
🚀 Scaling Plans: This fresh capital is expected to boost R&D, ramp up production, and enhance distribution networks, placing Oben squarely on the EV leaderboard.
🌱 Green Revolution Catalyst: As India shifts gears toward clean mobility, Oben’s innovation-first approach aligns perfectly with the government’s push for sustainable transportation.
📣 Market Disruptor in the Making: With its tech prowess, funding muscle, and founder-led vision, Oben is gearing up to take on major EV giants and redefine what performance electric bikes can deliver in India.
🔚 Conclusion:
Oben Electric’s ₹100 Cr funding milestone isn’t just a number—it’s a statement. A statement that India’s EV revolution is here, it’s electric, and it’s being led by ambitious, homegrown pioneers like Oben. Keep your eyes on this Bengaluru-based powerhouse—the future of two-wheeled mobility just got a serious upgrade. ⚡🔥
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