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Euler Motors
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Short description

Manufacturer of electric light commercial vehicles

Founded in 2018
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector micromobility

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters India New Delhi, India
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Updated by Cleantech Group on 06/05/2024

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Date Company
04/15/2021

BigBasket BigBasket

BigBasket uses Euler's prototype vehicle for last mile delivery in Delhi-NCR.

Confirmed by BigBasket

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IPO INFORMATION

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Description

Date Investors Type Amount
05/29/2024 Blume Ventures Blume Ventures , British International Investment British International Investment , Piramal Alternatives India Access Fund Piramal Alternatives India Access Fund (3)
Post-money valuation of
Funds will support expansion across various cities in India.
Growth Equity $24,000,000
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