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SUMMARY
Ultraviolette has managed to raise an additional $45 Mn in its ongoing Series E funding round
The additional capital infusion in the startup comes from its existing early backers, Sridhar Vembu-led Zoho and European investment management company Lingotto
The fresh funding will be deployed to accelerate the sales and production of F77, X-47 as well as its upcoming EV scooter Shockwave and EV dirt bike Tesseract
At a time when electric premium bike manufacturer Ultraviolette is increasingly focussing on penetrating…
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