
New Delhi, June 26 -- Venture capital investors are seeking to invest in electric vehicle infrastructure and consumer startups amid growing interest in the sector, according to two separate media reports.
Battery-tech, EV infra startups
A host of early-stage startups including Emo Energy, Baaz Bikes, EarthEn Energy, Arkle Energy, Magron, and Moonrider are in talks with investors to raise close to $65 million (around Rs 614 crore), according to The Economic Times.
The report noted that early-stage battery-tech and energy transition startups are drawing investors again a year after funding plummeted, in a shift away from pure-play electric vehicle bets.
Bengaluru-based Emo Energy is in talks to raise Rs 150-200 crore ($16-21 million) and is evaluating an additional debt raise, and electric mobility startup Baaz Bikes is in talks to raise nearly $15 million in a fresh funding round, the report said.
Electric tractor startup Moonrider is looking to raise $20 million; electric motorcycle maker Magron Novus is seeking a $1 million bridge round, of which $400,000 has already been secured; and Magron Novus is also in talks to raise a $3-4 million round later this year ahead of a commercial launch in mid-2027, the report added.
Consumer startups
Consumer startups across premium babycare, fashion with AI, beauty and health and home improvements are looking to raise fresh capital, according to a Moneycontrol report.
Cradlewise, a maker of convertible bassinets and smart cribs with integrated baby monitors, is in the advanced stages of raising $12 million (around Rs 110 crore) in a fresh round from 3one4 Capital and others; fashion startup Uniqyou is in talks with Arkam Ventures for a fresh Rs 12 crore ($1.3 million) investment along with early-stage investor Antler, according to the report.
Specialist investors including Sauce VC and V3 Ventures are also looking to deepen their bets in the consumer space.
Sauce VC is in talks for a $1.5 million (around Rs 14 crore) round in smart kitchen and bathroom fittings maker Lorazzo, and early-stage family office arm of Verlinvest, V3 Ventures and Spring Marketing Capital are in the advanced stages of investing Rs 8 crore (around $850k) in beauty and healthcare startup Only fix.
Published by HT Digital Content Services with permission from VC Circle.