On August 11, 2025, Indian electric motorcycle startup Ultraviolette secured $21 million in an all-equity round led by TDK Corporation’s venture arm, accelerating its global ambitions, as reported by TechCrunch.
The Bengaluru-based company aims to increase its presence in Europe from 10 to 40 countries and expand into Latin America and Southeast Asia. By early 2027, it plans to grow its portfolio to 14 models, following the launch of the F77 Mach 2 and F77 SuperStreet in 2024.
Ultraviolette was founded in 2016 by Narayan Subramaniam and Niraj Rajmohan. The company focuses on the premium mid-segment of the market, competing with internal combustion bikes in the 150cc to 800cc range. The F77 models come with a 10.3 kWh battery, delivering 30 kW of power and 100 Nm of torque, allowing for a top speed of 155 km/h. Key features include Violette A.I., Bosch dual-channel ABS, and predictive maintenance through eSIM connectivity. The prices for these models range from $2,000 to $10,000.
TDK backs Ultraviolette with $21M to take India-made electric motorcycles global | TechCrunch https://t.co/7mDsbCMgTX
— TechCrunch (@TechCrunch) August 12, 2025Ultraviolette has launched its European rollout near the Eiffel Tower, targeting Germany, France, the UK, and seven other countries. The company is leveraging Europe’s strong motorcycling culture and meeting stringent certifications to gain access to 40 markets. Ultraviolette aims to generate 30-35% of its revenue from exports by 2028, utilising India’s manufacturing hub in Bengaluru and planning to scale production from 30,000 to 300,000 units by 2026. Following Europe, Latin America and Southeast Asia will be the next focus, with pilot programs planned for 2026.
India’s electric vehicle (EV) market has a penetration rate of 7.66%, which is significantly lower than the global average of 16.48%. According to NITI Aayog, this presents challenges primarily due to price sensitivity among consumers. Ultraviolette, with its premium focus and Tesla-inspired global strategy, aims to target high-performance segments within the market. The company has raised $75 million, backed by Qualcomm Ventures and TVS Motor, to drive its expansion. Additionally, it may explore setting up local assembly in Europe at a later stage.
