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Social Alpha and LetsVenture announce seed investment in EV startup Accelero Vehicles
Social Alpha and LetsVenture lead a seed investment round of INR 1.75 Crores in Accelero Vehicles. The company is involved in designing, developing, and manufacturing affordable electric bicycles ‘eBik’ and retrofittable engines ‘eBik Smart’ that convert ordinary bicycles into electric vehicles. The proceeds of the current investment will support the company’s growth through product development, pilot opportunities, enhancing production capacity, expanding to new geographies, and strengthening the sales and marketing team.
VC Circle
EV Platform Accelero Pockets Funding From Social Alpha, LetsVenture
Accelero Vehicles India Private Ltd, which runs electric vehicle (EV) startup Accelero Vehicles, on Thursday said it has raised seed funding of Rs 1.75 crore (around $233, 000) from Social Alpha and LetsVenture.
CNBC TV18
Funding Rundown: Prime Venture Partners closes 4th fund at $120 mn; Niyo raises $100 mn in Series C; bitsCrunch raises $3.6 mn & Nithin Kamath, Kunal Shah to invest in Kalvi
EV startup Accelero Vehicles has bagged Rs 1.7 crores in a seed funding round led by Social Alpha and LetsVenture.
Entrackr
Funding and acquisitions in Indian startups this week [21 Feb-26 Feb]
Accelero Vehicles India Private Ltd, which runs electric vehicle (EV) startup Accelero Vehicles, on Thursday said it has raised seed funding of Rs 1.75 crore (around $233, 000) from Social Alpha and LetsVenture.
Entrackr
Social Alpha and LetsVenture back Accelero Vehicles
Social Alpha and LetsVenture have led a seed investment round of Rs 1.75 crore or $231K in EV startup Accelero Vehicles.
YourStory
Accelero Vehicles raises $233,000 in seed investment
Accelero Vehicles India Private Ltd, which runs electric vehicle (EV) startup Accelero Vehicles, on Thursday said it has raised seed funding of Rs 1.75 crore (around $233, 000) from Social Alpha and LetsVenture.
