- Prolonged Sequence A noticed participation from Helios Holdings, Sharda household workplace, Kay household, and different present traders
- Funding to speed up enlargement to 150+ showrooms throughout 50+ cities in FY26, deepen product growth by way of the brand new ‘O100’ platform, and scale manufacturing infrastructure inside present facility
Bengaluru, 19th June 2025: Oben Electrical, an R&D pushed homegrown electrical bike producer, has raised extra ₹50 Cr in Might 2025 by way of an prolonged Sequence A funding spherical.
The prolonged sequence A spherical follows sequence A spherical of ₹50 Cr elevate in January 2025, bringing the whole Sequence A funding to ₹100 Cr and total funding raised to ₹200 Cr.
The spherical noticed participation from new and present traders together with Helios Holdings, Sharda household workplace, Kay household and different new & present traders.
This fund elevate alerts robust investor conviction in Oben Electrical’s constant development, product high quality, monetary metrics and electrical bike section management.
Mr. Sandesh from Sharda household workplace commented: “Oben Electrical had the precise know-how, product market match and development indicators.
They’re working in an untapped giant market alternative with multi-fold income development QoQ, the suggestions of the electrical bike was nice and their vertical integration of essential EV parts, together with LFP battery, motor and car management unit is a key differentiator.
We have been additionally impressed by the maturity of the founders which is required to construct such a big & advanced enterprise and consider that they might achieve success in constructing the primary international electrical bike model from India.”
This newest infusion of funds will energy Oben Electrical’s persevering with development and speed up its enlargement to over 150 showrooms throughout 50+ cities by FY26, fast-tracking product growth of the corporate’s new ‘O100’ platform for reasonably priced electrical bikes beneath ₹1 lakh, and scaling up its manufacturing inside Bangalore facility and strengthening its after-sales service community throughout markets.
Following the preliminary Sequence A elevate, Oben Electrical quickly scaled with 37 shops throughout 26 cities in 13 states, getting into key markets like Punjab, Gujarat, Madhya Pradesh, Telangana, Uttar Pradesh, Chhattisgarh, and Odisha, underscoring robust post-funding execution and demand.
Madhumita Agrawal, Founder & CEO of Oben Electrical, stated, “The prolonged Sequence A funding is a robust vote of confidence from our traders and comes at a time when our momentum is accelerating nationwide.
We’re increasing not simply our retail footprint but additionally our innovation roadmap with platforms like O100 that intention to democratize electrical bikes for the mass market.
Backed by full vertical integration and a resilient provide chain, this funding prepares us for a brand new part of scale, affect, and development alternatives.”
Oben Electrical stands aside as an R&D-led, vertically built-in firm, designing and manufacturing not simply electrical bikes but additionally all essential parts, together with batteries, motors, car management items, and residential quick chargers.
Backed by a 500+ member knowledgeable staff, Oben operates a completely compliant, 100,000-units-per-year manufacturing facility in Jigani, Bengaluru, supported by a robust home provide chain of 150+ distributors.
Its e-motorcycles endure testing throughout 200+ efficiency parameters and are supported by 68,000+ public charging stations and 10+ ecosystem companions for insurance coverage, financing, and roadside help.
Oben Electrical has emerged as a most popular selection for every day commuters with its Rorr electrical bike lineup. The Oben Rorr EZ, beginning at ₹99,999, is tailor-made for metropolis commuters with fast acceleration (0–40 km/h in simply 3.3 seconds), a prime pace of 95 km/h, and a spread of as much as 175 km (IDC) throughout three battery variants.
Alongside, the corporate continues to supply its flagship Oben Rorr, identified for delivering high-performance electrical mobility.
Each bikes are powered by excessive efficiency LFP (Lithium Iron Phosphate) battery know-how, a primary in India’s electrical two-wheeler section, guaranteeing superior sturdiness, security, and constant efficiency throughout excessive climate circumstances.
Wanting forward, Oben Electrical plans to elevate USD 30 million in Sequence B in 2025 to help worldwide enlargement and additional scale-up of manufacturing and product strains, constructing on its imaginative and prescient of “Designed in India for the World.”
About Oben Electrical:
Oben Electrical is an R&D-driven electrical bike group based in August 2020 and headquartered in Bengaluru. Oben Electrical focuses on designing, creating, and manufacturing efficiency electrical bikes and its essential EV parts in-house, right here in India.
With a staff of passionate technologists with over 25 years of collective hands-on expertise within the electrical car R&D, Oben Electrical focuses on “Design in India for the World.”
The corporate has been on the forefront of reworking the electrical two-wheeler panorama in India by introducing a number of groundbreaking initiatives.
Oben Electrical pioneers the usage of superior battery chemistry, similar to LFP, in electrical two-wheelers, providing enhanced security, longer vary, and cleaner operation in comparison with different broadly used battery chemistries. Moreover, the corporate holds greater than 25 patents for its proprietary know-how and EV parts.
As an early entrant within the electrical bike market, Oben Electrical is main the adoption of electrical bikes in India, which occurs to be the world’s largest bike market.
With restricted competitors at current, the corporate goals to change into the most important electrical bike OEM globally. Their imaginative and prescient is to revolutionize the business by offering cutting-edge electrical mobility options that cater to the varied wants of riders.
Disclaimer:- This story has not been edited by SugerMint employees and supplied by the company. SugerMint won’t be accountable in any manner for the content material of this story.
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