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Ultraviolette Automotive

Electric Two-WheelersBengaluru, India

Ultraviolette Automotive is a Bengaluru electric vehicle company founded in 2016 by Narayan Subramaniam and Niraj Rajmohan, building performance-focused electric motorcycles and the battery and powertrain platforms underneath them. Its range spans the flagship F77 family, the X-47 Crossover, the more accessible Shockwave enduro at around ₹1.75 lakh and the upcoming Tesseract scooter, with in-house battery architectures running from 48V to 400V. It sells in India and 20 European countries and plans to enter the United States in 2027, followed by Latin America and Southeast Asia. It has announce

1StartupFox story
2016Founded
Electric Two-WheelersSector
Sept 2026Latest coverage

Funding

Ultraviolette Automotive has raised $166M across 3 disclosed rounds, most recently a Series E extension in September 2026.

$166MRaised
Series E extensionLatest round · September 2026
3Events
Series E extensionSeptember 2026reported
$85M
InvestorsYali Capital (co-lead), TDK Ventures (co-lead), Lip-Bu Tan, existing investors
Valuation
Tap any bar to see that round
September 2026Series E extension$85MYali Capital (co-lead), TDK Ventures (co-lead), Lip-Bu Tan, existing investors
2025Series E$66MZoho Corporation, Lingotto, TDK Ventures
December 2021Series C$15MTVS Motor Company, Zoho Corporation

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadYali Capital (co-lead)1 round · 2026
Zoho Corporation2 rounds · since 2021
existing investors1 round · 2026
Lip-Bu Tan1 round · 2026
TDK Ventures (co-lead)1 round · 2026
Lingotto1 round · 2025
TDK Ventures1 round · 2025
TVS Motor Company1 round · 2021
Aggregated automatically from the disclosed rounds above.

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY25Revenuefiled
₹32 Cr
PAT₹116 Cr loss
EBITDA
Growth+114% YoY
Basisstandalone
Total expenses ₹189 crore, of which employee benefits ₹59 crore, materials ₹33 crore, advertising ₹29 crore, depreciation ₹27.5 crore and R&D ₹7.6 crore. Vehicle sales contributed ₹28.9 crore, servicing ₹1.6 crore and accessories ₹1.1 crore
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

The Ultraviolette Automotive journey

2016 · founded
Founded in Bengaluru by Narayan Subramaniam and Niraj Rajmohan to build performance electric motorcycles and the battery and powertrain platforms underneath them, rather than assembling components designed elsewhere. ↗
December 2021 · funding
Series C — $15M, led by TVS Motor Company.
Dec 2021 · funding
Raises a $15 million Series C from TVS Motor Company and Zoho Corporation, ahead of the commercial launch of its flagship F77 motorcycle. ↗
2025 · funding
Series E — $66M, led by Zoho Corporation.
September 2026 · funding
Series E extension — $85M, led by Yali Capital (co-lead).
Sep 2026 · funding
Raises $85 million co-led by Yali Capital and TDK Ventures with semiconductor veteran Lip-Bu Tan investing personally and joining as an advisor, taking disclosed fundraising to $151 million since August 2025, and sets a target of US market ↗

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Frequently Asked

What is Ultraviolette Automotive?

Ultraviolette Automotive is a Bengaluru electric vehicle company founded in 2016 by Narayan Subramaniam and Niraj Rajmohan, building performance-focused electric motorcycles and the battery and powertrain platforms underneath them. Its range spans the flagship F77 family, the X-47 Crossover, the more accessible Shockwave enduro at around ₹1.75 lakh and the upcoming Tesseract scooter, with in-house battery architectures running from 48V to 400V. It sells in India and 20 European countries and plans to enter the United States in 2027, followed by Latin America and Southeast Asia. It has announce

Who founded Ultraviolette Automotive?

Ultraviolette Automotive's founders and leadership on record at StartupFox are Narayan Subramaniam and Niraj Rajmohan.

How much funding has Ultraviolette Automotive raised?

Ultraviolette Automotive has raised $166M across 3 disclosed rounds. The most recent was a $85M Series E extension in September 2026.

Who are Ultraviolette Automotive's investors?

Disclosed investors in Ultraviolette Automotive include Yali Capital (co-lead), TDK Ventures (co-lead), Lip-Bu Tan, existing investors, Zoho Corporation, Lingotto, TDK Ventures, TVS Motor Company.

Is Ultraviolette Automotive profitable?

Per its FY25 standalone filing, Ultraviolette Automotive reported ₹32 Cr in revenue, with a ₹116 Cr loss.

What is the latest news on Ultraviolette Automotive?

The most recent StartupFox coverage is “Ultraviolette Raises $85M, Taking It to $151M Against ₹32 Crore of Revenue” (23 September 2026). All stories are listed on this page.

Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting. 0 of 3 funding rounds link to a named source.

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