Euler Motors
Electric Commercial Vehicle: EV Loading Vehicles for Commercial Use
New Delhi, India · Founded 2018 · $233.8M raised
- Headquarters
- New Delhi
- Employees
- 201–500
- Founded
- 2018
- Business Model
- B2B hardware / vehicle sales
- Website
- eulermotors.com
- Total Funding
- $233.8M
- Last Round
- $47.0M Series EMar 2026
- Rounds
- 8
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Euler Motors is an Indian electric commercial vehicle manufacturer founded in 2018, focused on cargo three-wheelers and four-wheelers for e-commerce, hyperlocal delivery, and logistics fleets. The company's product lineup includes the HiLoad EV, Storm EV, and Turbo EV 1000, designed for last-mile delivery operators. With a full-stack approach spanning vehicle hardware, embedded software, and a fleet intelligence platform, Euler serves B2B clients seeking to transition from ICE to electric commercial vehicles.
Summary
Euler Motors is an Electric Vehicles company based in New Delhi, India, founded in 2018. It has raised $233.8M in total across 8 rounds, most recently a $47.0M Series E round in Mar 2026. Investors include Hero MotoCorp, Lightrock and Piramal Alternatives.
Tech & App Stack
5 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
Mar 2026
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Funding: Seed through Series E. Amounts, valuations, and investors where available.
Investors
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