Oben Electric raises INR 40 Cr to ramp up production
Image Credit: inc42
Bengaluru-based electric vehicle (EV) startup Oben Electric has raised INR 40 Cr ($4.88 Mn) in an extended Pre-Series A round, bringing its total Pre-Series A fundraise to INR 72 Cr (around $8.78 Mn) in a mix of equity and debt. Stride Ventures, Indian Renewable Energy Development Agency (IREDA) and Mumbai Angels participated in the round, along with several high-net-worth individuals (HNIs).