December 1

Oben Electric Raises $4 Million in Its Pre-series Round of Funding

Oben Electric, a Bengaluru-based electric motorcycle startup has raised Rs. 32 crores ($4 Million) as part of its Pre-Series A round of funding.

The company claims to have a healthy order book from India and export markets alike, for its first electric motorcycle Rorr, comparable to a 150cc ICE motorcycle.

Deliveries of the same are slated to begin from Q1, 2023. According to the company, Rorr has developed basic global benchmarks and is well-positioned to enter various international markets in the future.

Source: Financial Express (link opens in a new window)

Energy, Technology, Transportation
electric vehicles, startups, transportation