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Now, EV Startup Ohm Mobility Shuts Operations

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SUMMARY

The five-year old startup failed to scale the business despite numerous pivots in its journey, its cofounder and CEO Nikhil Nair said

Ohm Mobility, founded by Nair in 2020, connected EV fleet operators, manufacturers and battery companies with banks and other financial institutions to help the former secure capital

The startup raised around INR 5 Cr in its run time from notable investors like Antler India, Blume Ventures, Catalyst Fund, and a few angel investors

Adding on to the string of startup shutdowns, EV…

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