EV startup Corrit Electric raises $9 Mn to launch last-mile delivery e-bikes
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EV startup Corrit Electric has raised $9 Mn in its Series A funding round led by early-stage venture capital fund SphitiCap. Founded in 2020 by Mayur Misra, Corrit offers sustainable mobility solutions. It is presently selling three electric bikes–Hover 1.0, Hover 2.0 and Hover 2.0+ Corrit said it aims to introduce a new array of electric vehicles that are affordable and require less maintenance.