# Ultraviolette seeks $45-50 mn more from existing investors

2026-08-22T08:59:31+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Electric two-wheeler maker Ultraviolette is in talks to raise an additional $45-50 million from its existing investors, including Speciale Invest and TDK Ventures. The company, which sells the F77 model, has a retail presence in 35 Indian cities and has expanded overseas to a dozen countries after launching in the UK last year. The funding round comes as the Bengaluru-based firm looks to scale production and expand its global footprint. Neither Ultraviolette nor its investors responded to queries from ET on the matter.

## Indian Opinion Analysis

Ultraviolette's focus on premium performance electric motorcycles sets it apart from mass-market EV makers in India. The company competes with players like Ola Electric and Ather Energy, but targets a niche segment with higher price points. Its international expansion, starting with the UK, signals ambitions to compete globally. The fresh funds are likely to go toward R&D and entering more markets. Investors will watch whether Ultraviolette can achieve profitability while maintaining its premium positioning.

## Coverage

- auto.economictimes.indiatimes.com <https://auto.economictimes.indiatimes.com/news/two-wheelers/ultraviolette-eyeing-45-50mn-more-from-its-existing-investors/133416314>
  Straight reporting of funding talks and expansion facts, with no editorial slant or opinion.

This story was synthesised by AI from the source linked above.

Tags: Bengaluru, Speciale Invest, Ultraviolette
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