9unicorns Invests in EV Mobility Startup ElecTorq

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Idea-phase accelerator fund 9Unicorns on Wednesday said it had led an undisclosed pre-Series A funding round in electric vehicle (EV) mobility solution provider ElecTorq.

The round also saw participation from institutional and individual investors, including AdvantEdge Founders, Sumant Sinha, Founder and CMD of Renew Power, and Samir Khurana, serial investor.

Also Read

Founded by five IIT Delhi alumni, ElecTorq is a full-stack EV solution provider to businesses involved in the last-mile mobility of goods and people.

We are seeing great traction from major fleet-based businesses in India and are certain that with great Partners like 9Unicorns, Sumant Sinha, and AdvantEdge on our side we will succeed in our mission of making the majority of the commercial 2Ws in India to be electric by 2025, – Anubhav Sharma, Co-Founder & CEO, ElecTorq.

ElecTorq was among the 17 companies selected by LightSpeed Venture Partners for its ‘Extreme Entrepreneurs Cohort 2021′.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

ElecTorq said its suite of intelligent mobility and fleet management solutions are designed for commercial-first applications such as food delivery, grocery deliveries, ride-sharing, e-commerce, and self-drive mobility.

To generate revenue, the company leverages a hybrid business model. It sells its hardware at a markup price and charges a subscription fee for its data and fleet management tools.

“On the back of its innovative solution, the brand is equipped to capture a market opportunity in India estimated to be worth $4 billion by 2025,” said Anil Jain, Co-founder of 9unicorns.

9Unicorns provides funding of $100K-$200K per startup in the first round and may invest further $500K-$2 million in successive rounds with its co-investors.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.



- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -
Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly  OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters
OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022 India Approved $320m to Promote Homegrown Payments Network Twitter Roll Out TikTok-like ‘For You’ Timeline on iOS Nothing Phone Enters US with Beta Membership Program Finally! Apple’s VR Headset Coming this Spring Harvard Scientists Develop New Cell Therapy to Kill, and Prevent Brain Cancer