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.