Representative image 
Business

EV firm Oben raises Rs 40 cr in extended pre-series A round

The company has so far secured a total funding of Rs 88 crore, including Rs 72 crore (both in equity and debt) in the pre-Series A round, Oben said in a statement.

DT NEXT Bureau

BENGALURU: EV start-up Oben Electric on Tuesday said it has raised Rs 40 crore in an extended pre-series A round and also announced it will start delivering its electric motorcycle Rorr to customers here from next month. The company has so far secured a total funding of Rs 88 crore, including Rs 72 crore (both in equity and debt) in the pre-Series A round, Oben said in a statement. The capital infusion will help the company in scaling up its production capacity at the Bengaluru facility to 100,000 units per year.

Centre can't evade using OBC list for Census: PMK leader Anbumani Ramadoss

Police book agent after Tamil Nadu woman's SOS video leads to her rescue in Kuwait

Nepal flood survivors join rescue and relief operations as they grieve, search for their loved ones

Keralam CM Satheesan to take up NH safety concerns with NHAI after deaths of eight students

US envoys Witkoff, Kushner are in Moscow in new push for peace between Russia, Ukraine

SCROLL FOR NEXT