TDK Powers Ultraviolette’s Global Ambitions With $21 Mn Bet

The fresh funds will accelerate Ultraviolette’s product portfolio expansion and widen the retail footprint

Ultraviolette has made several launches in this year so far, including its first electric scooter, Tesseract, while also unveiling electric motorcycle Shockwave and F77 Mach 2

The company targets over $50 Mn in revenue by FY26, with Europe and India as the key growth markets

Electric two-wheeler maker Ultraviolette Automotive has secured an equity investment of $21 Mn (around INR 184 Cr) in a round led by TDK…