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EV & Mobility

Sharp analysis of EV & Mobility from India's startup ecosystem — funding rounds, founder stories, policy, and markets.

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Ola Bhacish Aggarwal
Lite Updates · EV & Mobility · 16 May 2026 · 2 min

Ola Electric Approves ₹2,000 Crore Investment in Vehicle and Cell Manufacturing Subsidiaries Ahead of Q4 Results

Just days before its Q4 disclosures, the EV manufacturer is funneling heavy capital into vertical integration to protect its margins against intensifying competition from legacy auto rivals.
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 Rapido
Funding · EV & Mobility · 15 May 2026 · 2 min

Rapido Raises $240 Million in Primary Funding Led by Prosus to Fuel Tier-2 and Tier-3 Expansion

Valued at $3 billion, the mobility platform is executing a broader $730 million financing strategy to dominate fragmented markets and build a supply-led economic engine outside major metros.
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 Euler Motors Founder Saurav Kumar
Funding · EV & Mobility · 25 Mar 2026 · 2 min

Euler Motors Raises ₹437.5 Crore in Series E Led by Lightrock to Double Manufacturing Capacity

The commercial EV startup also secured an additional ₹250 crore in debt financing to expand its product line, boost production to 2,000 units per month, and scale its presence across 100 Indian cities.
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 Exponent Energy founders
Funding · EV & Mobility · 23 Mar 2026 · 2 min

Exponent Energy Raises $20M in Extended Series B Led by 360 One and TDK Ventures to Scale 15-Minute EV Charging Network

The Bengaluru-based deep-tech startup bags Rs 182 crore in an extended round, underscoring strong investor conviction in proprietary hardware that solves the ultimate commercial EV bottleneck: charging downtime.
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