India’s EV revolution! Oben Electric has secured ₹50 crore ($6 million) in a Series A funding round led by a stellar consortium of Indian and global investors. This brings their total equity funding to an impressive ₹150 crore ($18 million)! 🚀

Founded in 2020 by Madhumita Agrawal, Sagar Thakkar, and Dinkar Agrawal, Oben Electric is redefining two-wheeler mobility with innovative electric motorcycles like the flagship Rorr and the newly launched Rorr EZ (Easy)—priced at just ₹89,999. Their cutting-edge bikes feature durable LFP batteries, access to 75,000+ charging stations, and are manufactured at a 100,000-unit-per-year facility in Bengaluru, supported by 150+ domestic vendors.

This funding will power Oben Electric’s mission to scale further by expanding their distribution network to 100+ showrooms and establishing Oben Care centers in 50+ cities by FY 2026. 🌍 With India’s EV market on a fast track, the company is well on its way to becoming a global EV powerhouse.

Congratulations to the team at Oben Electric for driving sustainable innovation!