Bengaluru headquartered two-wheeler electric vehicle manufacturer Oben EV has raised $1.5 million in a seed round from We Founder Circle.
The round saw participation from notable investors from We Founder Circle including Rakesh Somani, Co-founder of Life Element, Gaurav Juneja - Serial investor, Eminent Cars, Siddharth Shah, Managing Director, Rajesh Motors, and other prominent angels like Sumeet Pathak, Dr. Milan Modi, veteran technologist Dr. Aloknath, said a statement issued by the company.
Oben EV will utilise the funds to launch its product in the market, accelerate new product development and expand experience centres.