Ultraviolette revs up with $21 million funding for global expansion
Ultraviolette, the Bengaluru startup behind those sleek electric motorcycles, just scored $21 million (about ₹173 crore) from TDK's venture arm.
This boost is all about fueling their worldwide push—after already rolling into 10 European countries.
Founders Narayan Subramaniam and Niraj Rajmohan are set on shaking up the mid-segment motorcycle scene with some fresh tech.
With 14 models planned by 2027, Ultraviolette is going full throttle
Ultraviolette wants to have 14 models by 2027 and is looking at Latin America and Southeast Asia for future launches.
They're ramping up their Bengaluru plant to make 60,000 bikes a year and plan to open 80 more stores across India by March next year.
With over 3,000 sales in India so far (think F77 Mach 2 and SuperStreet), they expect revenue to top $50 million (around ₹410 crore) this financial year—a big step for India's EV scene.