EV bike maker Ultraviolette raises $45 million from Zoho, Ferrari-owner Exor’s Lingotto
Bengaluru-based EV bike maker Ultraviolette has raised $45 million from Zoho and Italy’s Lingotto to scale production of its F77 and X-47 motorcycles and develop new models, Shockwave and Tesseract. The startup plans to expand its presence to 100 Indian cities by mid-2026 and strengthen its footprint in international markets, including the UK.
