Ultraviolette raises Rs 404 Cr from Ferrari-investor to develop new e-motorcycles

Bengaluru-based Ultraviolette Automotive has secured Rs 404 crore in Series E funding from Zoho Corporation and Lingotto. This capital will fuel the expansion of its domestic and international operations, including the F77 electric motorcycle and upcoming models like the X-47 Crossover, Tesseract scooter, and Shockwave enduro motorcycle.