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Premium Electric Motorcycle startup, Raptee opens its first manufacturing plant in Chennai
Premium EV Motorcycle Startup, Raptee has opened their first factory for manufacturing EV motorcycles to be rolled out later this year. The factory, which is opened in Chennai, is spread across 3 acres and will house a majority of Raptee’s Research and Development team in the same campus. Raptee plans to invest Rs 85 crore in this plant which will have an annual capacity of 1 Lakh units and will serve as the primary production plant for Raptee for the next 24 months. The Company plan...
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 ...
