India Digest: EMotorad raises $20m; Peak XV’s Surge backs Elivaas

India Digest: EMotorad raises $20m; Peak XV’s Surge backs Elivaas

Photo: Emotorad

Pune-based electric cycle startup EMotorad has raised about $20 million (Rs 164 crore) in a Series B funding round led by Panthera Growth Partners. In another development, Elivaas, a tech-driven villa and luxury apartment management company, has raised $2.5 million in a seed round.

Edited by: Pramod Mathew