Ultraviolette Automotive, the Bengaluru-based electric motorcycle maker, has secured USD 45 million in fresh funding from Zoho Corporation and European investor Lingotto. This investment is part of the company’s ongoing Series E round and reflects strong confidence in Ultraviolette’s global growth plans.
The funding was led by Sridhar Vembu, Mani Vembu, and Kumar Vembu from Zoho, along with support from Lingotto. Their backing highlights the rising potential of Indian EV innovation on the world stage.
Ultraviolette plans to use the new capital to:
Expand production of its high-performance F77 electric motorcycle
Grow its newly launched X-47 crossover electric bike
Advance next-generation battery technology
Develop upcoming platforms like Shockwave and Tesseract
Strengthen presence across India and international markets
In just one year, Ultraviolette has grown from a new entrant to operating in 30 Indian cities. The company now plans to reach 100 cities by mid-2026.
Ultraviolette has already taken its flagship F77 to the UK market, marking its presence in 12 European countries. This marks a major step toward establishing an Indian electric motorcycle brand globally.
Co-founder and CEO Narayan Subramaniam said that Lingotto’s experience with leading mobility brands and Zoho’s support for Indian innovation align perfectly with Ultraviolette’s long-term vision.
Ultraviolette CTO and Co-founder Niraj Rajmohan shared:
“With the ongoing Series E investments, we are doubling down on growth and expanding our production to meet increasing demand. Our focus is on advancing breakthrough battery technology, elevating performance capabilities, and expanding production to support upcoming product platforms. This investment will accelerate our journey towards scaling into India and global markets.”
Ultraviolette’s latest funding round marks a major milestone for India’s premium EV motorcycle segment. With strong backing from Zoho and Lingotto, the company is now gearing up to scale faster, innovate deeper, and strengthen its presence both in India and globally.