The new funding comes at a time when the Bengaluru-based company is expanding rapidly in India and abroad. Ultraviolette has already grown its retail presence to 30 cities and aims to reach 100 cities by mid-2026.
Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 11 August– 15 August 2025.
Ultraviolette plans to use the funds to scale manufacturing, advancing battery and smart vehicle technologies and expanding Ultraviolette’s presence from 20 to over 100 cities in India, alongside planned entry into global markets.
Ultraviolet (UV), a company specializing in advanced Electric Vehicle Platforms and Battery Technology, has promoted Vinayak Bhat to the role of Chief Product Officer.