GIC, a sovereign wealth fund, led a $60m Series C funding round in Euler Motors, an electric vehicle company building commercial vehicles, with participation from Blume Ventures, Athera Venture Partners, QRG Holdings, ADB Ventures and Moglix. “The time for electric mobility in India is now, and we aspire to be a leading player in the growing Indian electric commercial vehicle segment. Our vision is to not only develop industry leading products but also the ecosystem to support the EV transition. We are proud to welcome GIC, one of the world’s leading investors to our cap table. This investment will fuel our ambition to establish Euler Motors as a frontrunner to drive electrification of commercial mobility in India by scaling our manufacturing capacity, expanding distribution footprint and strengthening the team to deliver delightful experiences to our customers,” Saurav Kumar, Euler Motors Founder and CEO.