Informative

Oben Electric Closes INR 100 Cr Series A Funding Round

Update / Judgement Date

18 Jun 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate ComplianceStart-Up & DPIIT

Oben Electric Closes ₹100 Crore Series A: Electric vehicle manufacturer Oben Electric has successfully closed its Series A funding round at ₹100 crore, raising an additional ₹50 crore from new and existing investors including Helios Holdings, Sharda family office, and Kay family. The funding will be deployed to significantly scale production of its electric motorcycles, expand its retail footprint to over 150 showrooms across 50 cities by FY26, accelerate product development, and enhance its vertically integrated manufacturing capabilities in Bengaluru. The company, which boasts 18+ patents for its proprietary technology and EV components, aims to compete effectively in India's growing electric two-wheeler market against players like Ola Electric and Ather Energy.

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Oben Electric Closes INR 100 Cr Series A Funding Round

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