Ultraviolette, the Bengaluru-based electric motorcycle manufacturer, has secured forty-five million dollars in fresh funding as part of its ongoing Series E round. The new investment is led by Zoho Corporation along with global investment firm Lingotto. This latest raise adds to the company’s earlier capital infusion from TDK Ventures, pushing Ultraviolette’s total funding to almost one hundred and forty-five million dollars. The growing interest from large investors shows the strong confidence in India’s electric mobility future and Ultraviolette’s role in shaping it.
Expanding Production and Building New Models
The company plans to use the new funds to speed up production and develop more electric motorcycles. Ultraviolette currently sells two major models, the F77 and the X47. The F77 is known for its high performance and sporty look, while the X47 focuses on style and comfort. With the added capital, Ultraviolette aims to manufacture these bikes at a much larger scale and meet increasing customer demand across India and international markets.
Apart from boosting production of existing models, Ultraviolette is also working on a new line of electric motorcycles. These upcoming products, currently known internally as Shockwave and Tesseract, are expected to bring fresh technology, better batteries, higher performance and new design ideas to the electric two-wheeler segment. For young bike enthusiasts and everyday consumers alike, this means more exciting and reliable options in the near future.
Growing Its Presence Across India and Beyond
Ultraviolette has already made a strong start in India. The company has expanded its presence to around thirty cities and now aims to reach one hundred cities by the middle of 2026. This expansion will help the brand make electric motorcycles available to a wider audience, including riders in smaller towns who want strong and stylish EV options.
The company is also growing in the global market. Ultraviolette has entered several countries in Europe and is working on strengthening its global distribution and service network. As more countries push for clean energy and sustainable transport, the demand for electric two-wheelers is rising quickly. Ultraviolette hopes to use this momentum to establish itself as a key international EV player.
Financial Growth and Operational Challenges
In the last financial year, Ultraviolette’s revenue increased significantly. However, like many growing EV startups, it also reported higher losses. These losses came mainly from increased expenses on battery components, raw materials and scaling up production. Despite this, the company’s strong funding support and steady sales growth indicate a promising future. Investors believe that the high costs are temporary and part of the natural path for a fast-scaling electric vehicle company.
What This Means for the Future of EVs
The new funding reinforces the growing trust in electric mobility in India. As Ultraviolette expands production and launches new models, customers can expect better technology, improved performance and wider availability. The company’s focus on innovation and design may also encourage more people to switch from fuel-powered bikes to electric motorcycles. With this fresh capital and a clear growth plan, Ultraviolette is moving closer to becoming a major global name in electric mobility, inspiring a cleaner and more exciting future for riders everywhere.