Creatara secures USD 1 million in seed funding led by GEMS Partners

The funding will be used for R&D, testing, manufacturing and distribution activities for its electric vehicles. 

Autocar Pro News Desk By Autocar Pro News Desk calendar 21 Jun 2024 Views icon2398 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Creatara secures USD 1 million in seed funding led by GEMS Partners

Creatara has successfully raised $1 million in funding led by GEMS Partners."This significant investment marks a pivotal moment for Creatara as we work towards bringing our cutting-edge two-wheeler electric vehicles to the market," said Vikas Gupta, Founder and CEO of Creatara.

The funding will be used for R&D, testing, manufacturing and distribution activities for its electric vehicles

"This significant investment marks a pivotal moment for Creatara as we work towards bringing our cutting-edge two-wheeler electric vehicles to the market," said Vikas Gupta, Founder and CEO of Creatara.

Earlier in May this year, the company received a Rs 3.9 crore grant from the Ministry of Heavy Industries, under the Capital Goods Scheme to support the development of indigenous technology. 

 

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