Oben Electric Raises INR 500 Million In Extended Series A Round

Oben Electric

Bengaluru-based electric vehicle startup Oben Electric has raised an additional INR 500 million in May 2025 through an extended Series A funding round led by existing investors Helios Holdings, Sharda family office, Kay family and other new and existing investors.

With this, the company has raised INR 1 billion in Series A and overall INR 2 billion in funding. The funding will be used towards expanding the company’s dealership presence to over 150 showrooms in more than 50 cities this fiscal, accelerating development of its 'O100' affordable e-motorcycle platform and scaling up its manufacturing operations.

Sandesh from Sharda family office, said, “Oben Electric had the right technology, product market fit and growth indicators. They are operating in an untapped large market opportunity with multi-fold revenue growth QoQ, the feedback of the electric motorcycle was great and their vertical integration of critical EV components, including LFP battery, motor and vehicle control unit is a key differentiator. We were also impressed by the maturity of the founders which is required to build such a large & complex business and believe that they would be successful in building the first global electric motorcycle brand from India.”

At present, Oben Electric already has 37 retail outlets across 26 cities in 13 states, entering key markets like Punjab, Gujarat, Madhya Pradesh, Telangana, Uttar Pradesh, Chhattisgarh and Odisha.

Madhumita Agrawal, Founder & CEO, Oben Electric, said, “The extended Series A funding is a strong vote of confidence from our investors and comes at a time when our momentum is accelerating nationwide. We’re expanding not just our retail footprint but also our innovation roadmap with platforms like O100 that aim to democratise electric motorcycles for the mass market. Backed by full vertical integration and a resilient supply chain, this funding prepares us for a new phase of scale, impact, and growth opportunities.”

The EV start-up claims to be an R&D-led, vertically integrated company, designing and manufacturing not just e-motorcycles but also all critical components, including batteries, motors, vehicle control units and home fast chargers. It currently has over 500 member team, 100,000-units-per-year manufacturing facility in Jigani, Bengaluru, over 150 vendors. It tests its e-motorcycles over 200 performance parameters and is supported by more than 68,000 public charging stations and over 10 ecosystem partners for insurance, financing and roadside assistance.

The Oben Rorr e-motorcycle line-up starts at INR 99,999 for the Oben Rorr EZ, which can go from zero to 40 kmph in 3.3 seconds, top speed of 95 kmph and a range of up to 175 km (IDC) across three battery variant. On the other hand, the Oben Rorr, its flagship product is designed for high performance. Both EVs are powered by high performance LFP (Lithium Iron Phosphate) battery technology.

Going forward, the EV maker aims to further raise USD 30 million in Series B in CY2025 to expand its presence globally.

Blue Energy Launches Battery Swapping EV Truck, Plots INR 35 Billion Facility In Maharashtra

Blue Energy Motors

Pune-headquartered alternative energy vehicle manufacturer Blue Energy Motors (BEM) has launched its electric heavy-duty truck, which is equipped with battery swapping technology.

The truck was unveiled by the Chief Minister of Maharashtra, Devendra Fadnavis, at Blue Energy Motors’ Chakan facility in Pune. Fadnavis also inaugurated, what is claimed to be India’s first electric corridor from Mumbai–Pune, which is the first step in a plan to electrify national highway corridors over the next three years.

What’s more, Blue Energy Motors has signed an MoU with the Maharashtra government to set up a new facility with a capacity of 30,000 trucks, backed by an investment of INR 35 billion. The automaker has received strong demand for its e-trucks and has signed MoUs for over 10,000 units.

The new e-truck is designed for Indian conditions and follows the success of Blue Energy Motors’ LNG-powered fleet. It features an unlimited range with battery swapping, the highest payload in its category and Advanced Mobility Intelligence. The launch also introduces India’s first Energy-as-a-Service model for heavy-duty trucks.

Devendra Fadnavis, said, “This launch showcases Maharashtra’s leadership in sustainable innovation. Blue Energy Motors’ Made-in-India Electric Truck with Battery Swapping Technology, along with the Mumbai–Pune corridor, India’s first highway to go electric aligns seamlessly with the nation’s vision for Atmanirbhar Bharat and for a greener, self-reliant future. I applaud their efforts in advancing both environmental sustainability and industrial growth”.

Anirudh Bhuwalka, Founder and Managing Director, Blue Energy Motors, said, “We believe that this is the beginning of the EV Revolution in India for heavy-duty trucks. Our electric truck delivers unlimited range through battery swapping, highest payload in its category and Advanced Mobility Intelligence for fleet reliability. The Mumbai–Pune corridor is the first step in building a nationwide network of sustainable logistics, driving India’s green freight future forward. With our Energy-as-a-Service model, we’re redefining fleet economics offering reduced upfront capital cost, lowest TCO with highest payload, minimal charging downtime and making it well-to-wheel green with renewable energy.”

Also read: Montra Electric Launches 55-Tonne Rhino E-Truck, Unveils Battery Swap Technology Too

Simple One

Bengaluru-based electric vehicle manufacturer Simple Energy has partnered with Amazon India and Flipkart to make its electric scooters available online.

The collaboration will allow customers to browse, book and receive doorstep delivery of its electric scooters, the Simple One Gen 1.5 and Simple OneS. The move is intended to simplify the buying journey and expand the company’s reach into Tier 2 and Tier 3 cities.

Furthermore, Simple Energy is also offering discounts on both models as part of Amazon India’s Great Indian Festival and Flipkart’s Big Bang Diwali sale.

Customers can avail up to INR 16,434 off through various bank and card offers, including discounts on HDFC Bank and Amazon Pay ICICI Bank Cards on Amazon India’s Great Indian Festival.

While Flipkart customers can get a flat discount of INR 7,500 on the Simple One and INR 5,000 on the Simple OneS, with potential additional savings using SBI and Flipkart Axis Bank cards. A 12-month no-cost EMI option is also available.

Suhas Rajkumar, Founder & CEO, Simple Energy, said, “Diwali symbolises progress and new beginnings, making it the perfect moment to advance our mission of democratising electric mobility. Through our partnership with Amazon India and Flipkart, we are expanding our reach across India, including Tier 2 and Tier 3 cities and offering a seamless, tech-first purchase experience that makes EV ownership simpler and more accessible than ever.”

At present, Simple Energy operates 57 showrooms across India and plans to expand its retail operations to include 150 new stores and 200 service centres across the country by FY 2026.

Kinetic Watts & Volts Opens First Exclusive EV Dealership In Pune

Kinetic Watts & Volts

Kinetic Watts & Volts, the electric vehicle division of the Kinetic Group, has opened its first exclusive 3S dealership in Pune, India.

The new facility is spread across 1,400 sqft, is located at Tingre Nagar, Pune and is owned and operated by Ravindra Sharad Bhelke. Additionally, a dedicated 1,050 sqft service facility, ‘Kinetic Lab,’ has been set up nearby in Dhanori to ensure aftersales support.

Ajinkya Firodia, Vice-Chairman & Managing Director, Kinetic Watts & Volts, said, “This is a proud and defining moment for Kinetic as we inaugurate our first exclusive EV showroom in India. Pune has always been special to us, it’s where our legacy began and now, where our EV journey takes shape. This launch represents not just a retail milestone, but the beginning of a new chapter in accessible, aspirational, and sustainable electric mobility for India.”

The new Kinetic EV range reimagines the iconic Kinetic DX as a family-friendly electric scooter. The line-up includes two variants: Kinetic DX and Kinetic ZX (formerly DX+).

Both models are powered by a 2.6 kWh Range-X LFP battery, which the company states offers up to four times longer life than NMC-based scooters.

The Kinetic DX is priced at INR 111,499 (ex-showroom, Pune) and Kinetic ZX (formerly DX+) is priced at INR 117,499 (ex-showroom, Pune).

Key features of the scooters include K-Coast regenerative braking, reverse assist and hill-hold assist, along with three ride modes: Range, Power, and Turbo. The ZX variant adds smart connectivity via the Telekinetic app, which provides real-time ride data, geo-fencing and intruder alerts. It also includes My Kiney Voice Alerts and a Kinetic Assist switch for CRM connection.

Ravindra Bhelke, Dealer Principal, Kinetic EV Vishrantwadi, said, “Becoming the first Kinetic EV dealer in India is both an honour and a responsibility. I have grown up seeing the trust people have in the Kinetic name, and now I am proud to bring its electric future to Pune. With this showroom and our dedicated service centre, our goal is to give every customer a premium, transparent and reliable experience, whether they are buying their first EV or upgrading from a traditional scooter.”

Oben Electric To Open 10 New Showrooms And Service Centres In Gujarat

Oben Electric

Oben Electric, an Indian electric motorcycle manufacturer, has announced plans to expand its presence in Gujarat with 10 new showrooms and service centres set to open in 2026. The expansion will cover Ahmedabad and other cities including Vadodara, Surat, Rajkot and Jamnagar.

At present, the company operates a showroom and an Oben Care service centre in Memnagar, Ahmedabad. The expansion follows the response to the company’s city commuter model, the Rorr EZ Sigma.

Sagar Thakkar, Co-Founder & CPO, Oben Electric, said, "The positive response we have received for Rorr EZ Sigma reinforces our belief that urban commuting is evolving towards electric motorcycles designed to meet the needs of daily commuters. Rorr EZ Sigma delivers effortless performance and the right balance of power, practicality, and connectivity for everyday riding. The encouraging response from customers in Gujarat has further strengthened our commitment to expand across key cities like Vadodara, Surat, Rajkot and Jamnagar, as we work towards making EV motorcycles more accessible for riders across the country.”

The Rorr EZ Sigma priced from INR 129,000, is available in 3.4 kWh and 4.4 kWh variants. Key features include – up to 175km range, top speed of 95 kmph, three ride modes – Eco, City, and Havoc. It uses the company’s patented LFP battery that is claimed to provide 50 percent higher heat resistance and a 2x lifecycle. It also gets features like reverse mode and a 5-inch TFT display with navigation and smart alerts.

At present, Oben Electric has over 50 showrooms nationwide and aims to reach 150 showrooms and service centres by the end of the fiscal year.