Saurav Kumar

Founder & CEO of Euler Motors, an ev & mobility company based in New Delhi.

Founder · CEONew DelhiEV & Mobility

Raised to date

₹687.5 crore

2 rounds on record

Latest round

Series E (equity)

₹437.5 crore · Mar 2026

About

Saurav Kumar is Founder & CEO of Euler Motors, an ev & mobility company based in New Delhi. Euler Motors's most recent disclosed round was a Debt (alongside Series E) of ₹250 crore in Mar 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Euler Motors

EV & Mobility · New Delhi

Euler Motors is a Delhi-based electric commercial vehicle manufacturer building purpose-built three- and four-wheeler cargo EVs for Indian operating conditions. Rather than retrofitting ICE chassis, it designs vehicles ground-up for heavy payloads and hyperlocal delivery duty cycles, serving e-commerce and logistics fleets.

Funding

Mar 2026Series E (equity)₹437.5 croreLightrock (lead), Hero MotoCorp, Blume Ventures

Mar 2026Debt financing₹250 croreBlackSoil, Trifecta Capital, InnoVen Capital, Alteria Capital

Company profile →2 rounds on record

Journey with Euler Motors

1 milestone

Mar 2026Milestone
Total capital raised crosses ~₹1,900 Cr — among the most heavily capitalized Indian commercial EV players; fresh funds to double manufacturing capacity. Read the story →

Coverage

1 story

Funding · 25 Mar 2026 · 2 min read

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