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EV Startup 3ev Raises INR 120 Cr, Plans To Step Up Manufacturing Capabilities

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SUMMARY

The Series A funding round was led by Mahanagar Gas Limited, while it saw participation from Equentis Angel Fund and Thackersey Group

While MGL infused INR 96 Cr in the EV manufacturer, Thackersey Group invested INR 10.46 Cr

The company claimed to have more than doubled its revenue to INR 54.7 Cr in FY25 from INR 17.8 Cr a year back with sales shooting up nearly 100% to 834 EVs

Electric vehicle original equipment manufacturer 3EV Industries has raised INR 120 Cr…

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