Indian electric motorcycle manufacturer Ultraviolette has raised $45 million (approximately ₹375 crore) as part of its ongoing Series E funding round, with fresh investments coming from leading Indian SaaS major Zoho Corporation and European investment powerhouse Lingotto. The latest capital infusion strengthens Ultraviolette’s position as a fast-growing global electric mobility brand and supports its aggressive expansion plans across India and international markets.
Funding to Accelerate Product Expansion and New EV Platforms
The newly raised growth capital will be utilised to scale production and accelerate the rollout of existing models, including the popular F77 electric motorcycle and the recently launched X-47 crossover electric bike. The funds will also support the development of Ultraviolette’s next-generation product platforms—Shockwave and Tesseract, which are currently under development.
The investment round was led by Zoho founders Sridhar Vembu, Mani Vembu, and Kumar Vembu, reflecting strong domestic investor confidence in India’s EV startup ecosystem. Lingotto, known for backing iconic global performance and mobility brands, also participated in the round, strengthening Ultraviolette’s international growth ambitions.
Strong Investor Confidence in Ultraviolette’s Global Vision
With this latest capital raise, Ultraviolette’s Series E round continues to witness robust momentum. The company has positioned itself as a technology-led electric performance motorcycle brand, combining futuristic design, advanced battery systems, and high-performance engineering.
Commenting on the investment, Narayan Subramaniam, co-founder and CEO of Ultraviolette, said that the partnership with Zoho and Lingotto aligns perfectly with the company’s long-term vision. He highlighted that Lingotto’s legacy of backing mobility brands and Zoho’s commitment to nurturing Indian innovation brings strategic value beyond just capital.
Focus on Battery Innovation and Manufacturing Scale-Up
Niraj Rajmohan, co-founder and CTO, stated that the latest Series E capital will allow Ultraviolette to expand manufacturing capacity, invest heavily in advanced battery technology, and enhance performance capabilities across future models. The company plans to significantly ramp up production to meet growing demand for its electric motorcycles in both domestic and global markets.
X-47 Crossover Electric Motorcycle Sees Strong Market Response
Ultraviolette recently launched the X-47 crossover electric motorcycle, which has already witnessed strong demand across multiple Indian cities. The model expands Ultraviolette’s product range beyond performance sports bikes and into the fast-growing crossover segment, catering to urban and touring riders alike.
Rapid Retail Expansion Across India
Over the past 12 months, Ultraviolette has achieved a major milestone by expanding its presence to 30 cities across India. The company now aims to scale its retail and service network to 100 cities by mid-2026, significantly boosting accessibility and after-sales support for customers nationwide.
Ultraviolette Expands Footprint in Europe with UK Launch
On the international front, Ultraviolette recently launched the F77 electric motorcycle in the United Kingdom, marking a major step in its European expansion strategy. With this launch, the company is now present in 12 countries across Europe, reinforcing its ambition to become a global electric performance motorcycle brand.
Ultraviolette Strengthens Position in India’s Premium EV Segment
With strong domestic demand, strategic global partnerships, and a growing product portfolio, Ultraviolette is rapidly emerging as a key player in India’s premium electric two-wheeler space. The fresh $45 million funding will further fuel its innovation pipeline, expand production capacity, and support global market penetration.
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