Euler Motors Raises Rs 437.5 Crore in Series E to Expand Commercial EV Business

Delhi-based electric commercial vehicle maker Euler Motors has raised Rs 437.5 crore (around $47 million) in its Series E funding round led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. Alongside equity funding, the company also secured Rs 250 crore in debt from BlackSoil, Trifecta, InnoVen, and Alteria Capital. With this round, Euler [...]