DriveX
Corporate Round in 2022
DriveX is a digital platform that facilitates the buying and renting of pre-owned two-wheelers, ensuring quality checks and streamlined documentation processes. The company specializes in providing two-wheeler rental services, allowing customers to access motorcycles without the need for advance payments. DriveX manages all necessary insurance, enabling clients to obtain vehicles for their desired durations at affordable rates. This approach simplifies the ownership experience and makes two-wheeler access more convenient for a wider audience.
Norton Motorcycles
Corporate Round in 2022
Norton Motorcycles (UK) Ltd is a manufacturer of motorcycles based in Derby, United Kingdom. The company produces a range of motorcycles, accessories, and related products, distributing them to markets worldwide. With a focus on quality craftsmanship and engineering, Norton aims to serve motorcycle enthusiasts globally, upholding its reputation as a distinguished name in the motorcycle industry.
Rapido is an Indian mobility platform that facilitates bike taxi bookings via its mobile app. Launched in 2015, the company aims to reduce traffic congestion and carbon emissions by connecting individuals traveling in similar directions. It offers economical intra-city travel options, including two-, three-, and four-wheeler rides.
Swiss E-Mobility Group
Acquisition in 2022
Swiss E-Mobility Group is a provider of e-mobility solutions primarily in the DACH region, encompassing Germany, Austria, and Switzerland. The company specializes in the sale of traditional Swiss bicycle brands, including Allegro, Cilo, and Simpel. It offers a wide array of e-bikes and related services through a comprehensive multichannel platform, which includes both online and retail channels. This diverse approach enables Swiss E-Mobility Group to effectively serve the growing demand for sustainable transportation options in the region.
Ultraviolette Automotive
Series C in 2021
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
EGO Movement
Acquisition in 2021
EGO Movement is a Swiss technology company that designs and manufactures e-bikes, e-cargo bikes, and e-scooters. It provides smart mobility solutions with internet-connected features such as theft protection and geolocation, and its products are designed to be flexible, including the ability to convert an e-bike into a children’s bike. The company positions its offerings as stylish, sustainable, affordable, and aimed at providing an emission-free alternative to car travel.
Intellicar Telematics
Acquisition in 2020
Intellicar Telematics specializes in providing IoT-based cloud-optimized solutions tailored for the automotive industry and the entire electric vehicle (EV) value chain. Their offerings cater to various stakeholders, including automotive original equipment manufacturers (OEMs), EV manufacturers, fleet enterprises, battery companies, and the finance and insurance sectors. By developing comprehensive IoT systems, Intellicar enables digital transformation and facilitates the capture of valuable data that informs critical business decisions. The company offers a range of services, including telematics, fleet tracking, fuel monitoring, keyless access control, and safety measures for drivers and passengers. Through these bespoke solutions and strong operational support, Intellicar empowers clients to optimize their operations and maintain a competitive edge in the evolving $100 billion EV ecosystem.
Ultraviolette Automotive
Series B in 2020
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
Norton Motorcycles
Acquisition in 2020
Norton Motorcycles (UK) Ltd is a manufacturer of motorcycles based in Derby, United Kingdom. The company produces a range of motorcycles, accessories, and related products, distributing them to markets worldwide. With a focus on quality craftsmanship and engineering, Norton aims to serve motorcycle enthusiasts globally, upholding its reputation as a distinguished name in the motorcycle industry.
TagBox specializes in developing supply chain monitoring technology that enhances the reliability and sustainability of cold chains. By leveraging Internet of Things solutions, the company provides tools for tracking and managing product quality and compliance throughout the supply chain. Its technology offers features such as end-to-end traceability, advanced analytics, automation, and operational efficiency. These capabilities enable clients to significantly reduce product spoilage, meet regulatory requirements, lower energy costs, prevent theft and pilferage, and optimize transportation expenses. Overall, TagBox aims to improve supply chain management through innovative technological solutions.
Altizon Systems
Series A in 2019
Altizon Systems is an industrial Internet of Things and artificial intelligence platform provider that helps enterprises transform operations by connecting industrial assets, ingesting and analyzing time‑series sensor data, and delivering predictive maintenance, operational intelligence, and new business models. Its Datonis platform offers edge computing, in‑stream analytics, a development framework, and deep‑learning capabilities, enabling rapid integration of diverse equipment and deployment of ready‑to‑go applications across manufacturing, smart grid, and connected health sectors. The company serves more than 100 global customers and is recognized by Gartner, Forrester, and BCG for its technology leadership. Altizon’s solutions support asset performance management, smart manufacturing, and digital transformation for industries such as automotive, food and beverage, consumer packaged goods, and energy.
Ultraviolette Automotive
Series A in 2018
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
Ultraviolette Automotive
Corporate Round in 2017
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
Rentongo.com
Funding Round in 2017
Rentongo is an online marketplace based in India that facilitates the rental of various goods, including furniture, appliances, bikes, and camping gear. The platform connects renters with product owners, who may be either professional companies or individuals looking to rent out their personal items. By providing detailed information about available products, Rentongo aims to promote collaborative consumption and help users save money by renting instead of purchasing new items.