TDK Ventures led a $21m funding round in Ultraviolette Automotive.

Synopsis

TDK Ventures, a venture capital firm, led a $21m funding round in Ultraviolette Automotive, an Indian electric motorcycle manufacturer, with participation from Zoho Corporation, TVS Motor Company, Lingotto Investment Management, Mudhal Partners, and Ojas Consultation.

Principals

target

Ultraviolette Automotive Pvt

bidder

Tdk Ventures

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Market Context