Oben Electric has raised Rs 500 million through an extended Series A funding round. The round saw participation from both new and existing investors, including Helios Holdings, the Sharda family office, and the Kay family.
This follows the company’s initial Series A funding of Rs 500 million in January 2025, bringing the total capital raised in this round to Rs 1 billion. The company’s total capital raised to date has reached Rs 2 billion. Moreover, these funds will be used to accelerate its expansion plans, develop new products, and scale its manufacturing capabilities.
Oben Electric, established in 2020, is a manufacturer of electric motorcycles. The company develops key electric vehicle components such as lithium-iron-phosphate batteries, motors, and vehicle control units in-house. It aims to strengthen its product development through the introduction of the new O100 platform, targeting electric motorcycles priced below Rs 100,000.
