Euler Motors is an automotive tech startup based out of New Delhi focused on commercial electric vehicles.

Basic Information

Euler Motors wants to accelerate the adoption of commercial electric vehicles by creating a full stack ecosystem with Indian centric EVs, charging and service station networks. The company is focused on first solving last mile logistics for e-commerce and 3PL players. The company has established a network of 100+ charging infrastructure in Delhi NCR for charging 200+ electric vehicles at any point. In May, 2020 Euler Motors raised INR 20 crore as a part of its Series A funding led by Inventus Capital India. Earlier, as part of its pre-series A round, the company had acquired INR 15 crores from Blume Venture, US based Emergent Ventures and Andrew Lee. The company has been working with BigBasket, Udaan and EcomExpress with their prototype vehicles. See more

Legal Name

:

Euler Motors Private Limited

Headquarters

:

New Delhi, Delhi, India

Founding Date

:

2018

No. of Employees

:

21 to 40

Core Team

:
1.

Saurav Kumar

Founder and CEO

Funding

Total Funding

$4.6M

Investors

:

1.

Sujeet Kumar

2.

Inventus Capital Partners

3.

Blume Ventures