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Piramal Alternatives leads Euler Motors’ Rs 200 cr fundraise

By Economic Times - 4 months ago
Euler Motors, an electric three-wheeler maker, raised Rs 200 crore ($24 million) led by Piramal Alternatives India Access Fund, with British International Investment and Blume Ventures also participating. Total funding now stands at Rs 570 crore. The funds will support expansion to 40 cities and enhance R&D efforts.

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