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EVINDIA

Stay updated with th... • 23d

Oben Electric Raises ₹100 Cr in Series A Round to Expand Affordable EVs Nationwide Bengaluru-based EV startup Oben Electric has secured ₹100 Cr in Series A funding, with an additional ₹50 Cr in extended Series A, bringing its total raise to ₹200 Cr. Key investors include Helios Holdings, Sharda Family Office, and Kay Family. The funds will accelerate the launch of the new O100 electric motorcycle platform (under ₹1 lakh), expand operations to 150+ showrooms across 50+ cities, and scale production at Oben’s 100,000 unit/year Jigani plant. Oben’s tech-first approach features LFP battery tech, 25+ patents, and a robust R&D team. The company aims to lead India’s electric 2W revolution with innovation, safety, and affordability.

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