Backed by new investments from Zoho and Lingotto, Ultraviolette strengthens its expansion plans and accelerates development of next generation electric mobility solutions.
Ultraviolette has raised $45 million in fresh growth capital from Zoho Corporation and Europe based investment firm Lingotto as part of its ongoing Series E funding round. The company said the new investment will accelerate both domestic and international scale up of its current electric motorcycles, the F77 and X 47, as well as upcoming platforms Shockwave and Tesseract.
The investment from Zoho was led by Sridhar Vembu, Mani Vembu and Kumar Vembu, reinforcing strong backing from India’s deep tech ecosystem. Ultraviolette said the continued momentum in its Series E round highlights sustained investor confidence in its technology focused approach and global expansion plans.
Ultraviolette recently launched the X 47 crossover electric motorcycle, which has seen strong demand nationwide. The company has expanded to 30 Indian cities in the past year and aims to reach 100 cities by mid 2026. Internationally, the F77 was launched in the United Kingdom, extending the company’s presence to 12 European markets.
Co founder and chief executive Narayan Subramaniam said the partnership with Lingotto and Zoho aligns with Ultraviolette’s goal of building category defining electric mobility solutions for India and global markets. Chief technology officer and co-founder Niraj Rajmohan said the new capital will support scaling production, advancing battery technology, and strengthening performance capabilities across current and future product lines.
The latest funding push positions Ultraviolette to accelerate manufacturing capacity and meet rising demand as it expands its footprint in India and overseas.
