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Bengaluru-Based Ultraviolette Secures Major Backing from Japan’s TDK Ventures in $21M Round Ultraviolette Automotive, the electric vehicle startup shaking up India’s mobility scene, has just closed a $21
Ultraviolette Automotive, the electric vehicle startup shaking up India’s mobility scene, has just closed a $21 million funding round led by TDK Ventures, the investment arm of Japan’s TDK Corporation. The raise signals not only confidence in Ultraviolette’s cutting-edge EV tech but also positions the company for aggressive global expansion.
The round also included continued support from major backers like Zoho Corporation and Lingotto (formerly Exor Capital), and reaffirmed interest from early investors such as TVS Motor Company, Qualcomm Ventures, and Speciale Invest.
With this funding injection, Ultraviolette is now set to accelerate its innovation in EV tech, including battery platforms and smart vehicle systems — and take its futuristic rides beyond India’s borders.
This isn’t just another EV company raising cash. Ultraviolette is being backed by a powerhouse lineup of investors, including:
These names don’t throw money around without reason. They see what Ultraviolette is building — and where it’s headed.
In a statement, Narayan Subramaniam, CEO and co-founder of Ultraviolette, said:
“Mobility is undergoing a radical transformation, and at Ultraviolette, we are leading that change through cutting-edge innovation. Our partnership with TDK Ventures fast-forwards our efforts, from advanced battery platforms to intelligent vehicle systems. This collaboration not only accelerates our vision of future-ready mobility but also reinforces our commitment to delivering electric vehicles that are aspirational and globally relevant.”
TDK Ventures backs companies focused on next-gen energy, mobility, and electronics. Their investment in Ultraviolette shows growing confidence in India’s EV innovation capacity — especially as the global market looks for alternatives to legacy combustion vehicles.
This deal is expected to boost Ultraviolette’s R&D in solid-state battery tech, intelligent onboard systems, and next-gen safety features, areas where TDK has decades of leadership.
Ultraviolette isn’t just building tech — it’s building aspirational machines. Its flagship motorcycle, the Ultraviolette F77, is a fully electric two-wheeler that delivers both performance and design on par with global competitors.
Recently, the F77 became the first Indian electric motorcycle to receive European certification, and it’s already on sale in 10 countries across Europe — a landmark milestone for an Indian EV manufacturer.
This isn’t just export — it’s expansion at scale.
Back home in India, Ultraviolette is scaling fast. From an existing retail presence in 20 cities, the company aims to grow to over 100 cities nationwide in the near future — bringing its futuristic machines to a much wider audience.
With the added funding, this rollout will now move faster and smarter, supported by tech-driven distribution and after-sales models.
Ultraviolette’s recent funding round is more than a financial milestone — it’s a signal of India’s growing footprint in the global EV race. With a unique mix of design, performance, and cutting-edge tech, the company is set to compete not just with local players, but also with international giants.
Backed by names that have built unicorns and reshaped industries, Ultraviolette isn’t just building electric motorcycles — it’s building a movement.
