How much funding has Euler Motors raised?

Euler Motors has raised $233.8M in total funding, most recently a Series E round.

Who are Euler Motors's investors?

Euler Motors's investors include Hero MotoCorp, Lightrock, Piramal Alternatives, British International Investment, Green Frontier Capital, GIC.

When was Euler Motors founded?

Euler Motors was founded in 2018.

Where is Euler Motors headquartered?

Euler Motors is headquartered in New Delhi, Delhi, India.

What industry is Euler Motors in?

Euler Motors operates in Electric Vehicles, Mobility, Automotive.

How many employees does Euler Motors have?

Euler Motors has 201-500 employees.

Euler Motors

Electric Commercial Vehicle: EV Loading Vehicles for Commercial Use

New Delhi, India · Founded 2018 · $233.8M raised

Electric Vehicles

Mobility

Automotive

Headquarters: New Delhi, 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

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.

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