Electric Vehicles startup Earth EnergyEV has raised an undisclosed amount of funding in its seed round. The funding round was led by LR Joshi, Managing Director at PRANADA BIOPHARMA PRIVATE LIMITED, along with other equity investors. According to a statement issued by the startup, Earth EnergyEV will be using the freshly raised funds to facilitate the launch of its three vehicle models, hire critical talent, and strengthen its sales network.
Headquartered in Mumbai, Earth EnergyEV was founded in late 2017 by Rushi Shenghani. It operates under the parent company Grushie Energy, a Dubai-based company. Earth Energy develops electric motorcycles, scooters, commercial vehicles and autonomous vehicle drivetrains. The company is involved in the development of electric motorcycles, scooters, commercial vehicles, and autonomous vehicle drivetrains for global consumers.
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[Funding alert] EV startup Earth Energy EV raises seed funding
Electric Vehicles startup Earth Energy EV has raised an undisclosed amount of funding in its seed round. The funding round was led by LR Joshi, Managing Director at Pranada Bio-Pharma Pvt Ltd, along with other equity investors.
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