BGauss raises Rs 110 crore at up to Rs 1,100 crore valuation to fund EV scooter expansion

Electric-scooter maker BGauss has raised Rs 110 crore in a Series D round led by founder Hemant Kabra, with Bharat Value Fund among the investors. The company plans to use the capital to scale operations, strengthen its product portfolio and expand in India’s increasingly competitive electric two-wheeler market.

— Source published Thu, 20 Aug, 2026, 09:19 IST · First seen Thu, 20 Aug, 2026, 09:20 IST · Source Entrackr · Newsletter

What happened

Bgauss · Indian electric-scooter maker BGauss raised Rs 110 crore in a Series D led by founder Hemant Kabra, valuing it at roughly Rs 1,000-1,100 crore. The

Key facts

  • Rs 110 crore ($11.6 million) raised
  • Rs 1,000-1,100 crore post-money valuation
  • 17,26,846 Series D CCPS at Rs 637 per share
  • Founder Hemant Kabra invested Rs 50 crore
  • Bharat Value Fund invested Rs 44 crore
  • Adesh Realtor LLP invested Rs 10 crore
  • Maithan Alloys invested Rs 6 crore
  • 5,518 retail registrations in July 2026
  • Approximately 3x year-on-year registration growth
  • 0.3% India electric two-wheeler market share

Why this matters

Strategic buyers and partners should view BGauss as a better-capitalized EV platform whose expansion could create opportunities in manufacturing, batteries, charging, financing and dealer-network alliances.

What to watch

  • Monthly VAHAN registrations and BGauss share of electric two-wheeler sales.
  • Dealer-count growth, service turnaround times and expansion into tier-2 and tier-3 cities.
  • New scooter launches, price changes, warranty upgrades and battery-specification announcements.
  • Evidence of additional fundraising, debt facilities or strategic partnerships for manufacturing and distribution.
  • Competitive responses from Ola Electric, TVS, Bajaj, Ather and Hero MotoCorp, especially discounting and new lower-priced models.
  • Gross-margin trends, inventory levels and dealer financing requirements as sales scale.
  • Expand dealer and service-center footprint in EV-heavy markets such as Maharashtra, Gujarat, Karnataka, Tamil Nadu, Telangana and Delhi-NCR.
  • Launch or refresh scooters across commuter and premium segments, emphasizing range, reliability, charging convenience and connected features.
  • Increase financing partnerships, exchange programs and fleet or institutional sales efforts to reduce purchase-price barriers.
  • Build battery, component and manufacturing capacity commitments to support volumes and reduce supply-chain risk.
  • Use the funding round to recruit senior sales, product, service and supply-chain talent as distribution expands.

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