Ultraviolette raises $85M to scale electric motorcycles and global expansion
Bengaluru-based electric motorcycle maker Ultraviolette Automotive has raised $85 million in a round led by Yali Capital and TDK Ventures. The company plans to expand production, develop EV platforms and invest ₹1,000 crore in manufacturing across Karnataka and Tamil Nadu.
What happened
Ultraviolette Automotive · Bengaluru electric motorcycle maker Ultraviolette raised $85 million led by Yali Capital and TDK Ventures to scale production,
Key facts
- $85 million
- approximately ₹807 crore
- ₹1,000 crore
- 20 European countries
- FY26 revenue: ₹130 crore
Why this matters
Ultraviolette’s $85M raise and planned ₹1,000 crore manufacturing buildout signal greater production capacity and international availability for premium electric motorcycles.
What to watch
- Quarterly delivery growth, production utilization and order-backlog disclosure.
- Announcement of plant locations, commissioning dates, annual capacity targets and state incentives tied to the ₹1,000 crore investment.
- New model launches, pricing moves and evidence of a broader platform beyond the F77 line.
- Number of operational retail experience centers, dealers and service points versus delivery growth.
- Export certification, distributor agreements and first overseas-market deliveries.
Also reported by
- Mint — Same time