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Euler Motors

Euler Motors Private Limited New Delhi, Delhi Founded 2018 eulermotors.com ↗

Delhi-based EV manufacturer that designs and builds electric commercial vehicles — chiefly the HiLoad EV cargo three-wheeler — for last-mile logistics and e-commerce fleet operators, alongside charging infrastructure and fleet-management tech.

Saurav Kumar · Founder & CEO
$282.68 MnTotal funding (tracked)
11Funding rounds
2 Apr 2026Last round

Euler Motors: Funding Rounds

Date Round Amount Investors Source
2 Apr 2026 Series E ₹210 Cr (Hero MotoCorp add-on CCPS tranche) Hero MotoCorp source
24 Mar 2026 Series E ₹437.5 Cr (~$47 Mn) Lightrock Blume Ventures Hero MotoCorp source
24 Mar 2026 Debt ₹250 Cr Debt Alteria Capital BlackSoil InnoVen Capital Trifecta Capital source
15 Mar 2026 Series D1 ₹75 Cr BlackSoil source
20 May 2025 Series D ₹638 Cr Hero MotoCorp British International Investment source
15 Jan 2025 Debt Up to $20 Mn Debt responsAbility Investments AG source
3 Oct 2022 Series C $60 Mn Caladium Investment Pte Ltd (GIC) ADB Ventures Athera Venture Partners Blume Ventures Moglix QRG Investments and Holdings source
18 Apr 2022 Series B $5 Mn (Series B tranche, Moglix) Moglix source
22 Nov 2021 Series B $10 Mn (Series B tranche) QRG Investments and Holdings ADB Ventures Blume Ventures Inventus Capital Partners source
18 Mar 2021 Series A $2.6 Mn (Series A follow-on tranche) ADB Ventures Blume Ventures source
26 May 2020 Series A ₹20 Cr Inventus Capital Partners Blume Ventures Jetty Ventures India Investments Sujeet Kumar source

Recent Signals

  • 5 Feb 2026 · ma-strategic
    Hero MotoCorp board approves additional investment of up to ₹275 Cr in Euler Motors source
  • 21 Mar 2025 · ma-strategic
    Hero MotoCorp board approves up to ₹525 Cr strategic investment for 32.5% stake in Euler Motors source

News on Euler Motors

No coverage of Euler Motors linked yet.

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FAQs on Euler Motors

Who founded Euler Motors?

Euler Motors was founded by Saurav Kumar in 2018.

How much funding has Euler Motors raised?

Euler Motors has raised $282.68 Mn across 11 tracked funding round(s), most recently on 2026-04-02. Figures are compiled from cited public sources.

Who are the investors in Euler Motors?

Investors in Euler Motors include Hero MotoCorp, Lightrock, Blume Ventures, Alteria Capital, BlackSoil, InnoVen Capital, Trifecta Capital.

What does Euler Motors do?

Delhi-based EV manufacturer that designs and builds electric commercial vehicles — chiefly the HiLoad EV cargo three-wheeler — for last-mile logistics and e-commerce fleet operators, alongside charging infrastructure and fleet-management tech.

Where is Euler Motors headquartered?

Euler Motors is headquartered in New Delhi, Delhi, India.

What is Euler Motors's business model?

Euler Motors's core value proposition centers on High-Payload, Long-Range Electric Cargo Vehicle, Nationwide Fast-Charging Network.

How does Euler Motors make money?

Euler Motors's cited revenue streams include Electric Vehicle Sales.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: techcrunch.com · Last verified 18 Jul 2026. · Report a correction