Premium Electric Motorcycle Startup, Raptee raises $3 Million in Pre-Series A round led by Bluehill Capital

Premium EV Motorcycle Startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital. The all-equity funding round saw participation from industry stalwarts including Mr. Eugene Mayne, Founder and CEO of Tristar Global (UAE), Mr. Lakshmi Narayanan, Former CEO Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Mr. Chandu Nair, Director, Shankara Building Products and other HNIs from India and the UAE. The funds will be allocated towards augmenting the manufacturing facility, acquiring machinery, tooling for the soon to be launched motorcycle, and to scale up the team. Raptee is a full stack electric motorcycle manufacturer with a strong technological moat that has been developed indigenously. The Company has filed for 45+ patents so far. Raptee is the first Indian two-wheeler EV OEM to boldly introduce high-voltage drive train technology, along with an on-board charger, thereby making it compatible with the existing CCS2 public charging network, which is growing fast in India and across the Globe. Currently, India has over 9000 chargers installed which is comparable to the number of fuel pumps. The high-voltage technology that is a critical part of Raptee motorcycles will also ensure much safer battery pack, with increased battery life