Euler Motors raises $60 Mn in round led by GIC to scale up EV manufacturing
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New Delhi-based three-wheeler electric vehicle (EV) manufacturer Euler Motors has raised $60 Mn in its Series C round led by Singapore’s sovereign fund GIC. The round also saw participation from Euler Motors’ existing investors Blume Ventures, Athera Venture Partners, ADB Ventures, QRG Holdings, and B2B unicorn marketplace startup Moglix.