← 12 September 2026 edition
Energy & Mobility

Ultraviolette Raises ₹373 Cr as BIGGA Manufacturing Facility Scales

By ·

Ultraviolette Raises ₹373 Cr as BIGGA Manufacturing Facility Scales

Electric two-wheeler maker Ultraviolette Automotive is raising ₹373.04 Cr to support its BIGGA manufacturing facility as production ramps, per Inc42. Builders in EV hardware should expect capital to follow manufacturers transitioning from contract manufacturing to owned capacity—investors believe unit economics work at scale, validating the deeptech play.

Source: Inc42 ↗

Ask Kriyā about this → All 12 September 2026 stories
🎧 This story is in the 12 September 2026 episode — Arjun & Meera

Related stories

VinFast plans two India-specific EVs in strategic reset after production suspensionEnergy & Mobility · 11 September 2026 Fleet management platform Carrum Mobility raises $10 Mn Series B led by UberEnergy & Mobility · 10 September 2026 India's battery industry set to generate up to 2M jobs by FY30Energy & Mobility · 8 September 2026 Ola Electric Approves ₹1,500 Cr Fundraise; COO ExitsEnergy & Mobility · 7 September 2026
✉️ Daily Brief
Get this brief in your inbox — free

Top Indian tech and product stories every morning at 09:30 IST. Every number sourced and dated.

or
Subscribe with Google