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Euler Motors: Delhi based startup raises Rs 437 crore funding

Summary

Startup News: Euler Motors is an electric commercial vehicle maker. The startup was founded in 2018 by Saurav Kumar.

Euler Motors: Delhi based startup raises Rs 437 crore funding
Euler Motors: Delhi based startup raises Rs 437 crore funding

Startup News: Euler Motors, a Delhi-based startup. has raised Rs 437.5 crore (USD 47 million) in a funding round led by Lightrock. The funding round saw participation from existing investors Hero MotoCorp and Blume Ventures.

The Series E round also had an additional Rs 250 crore of debt funding from BlackSoil, Trifecta, InnoVen and Alteria Capital, the company said in a statement.

Euler Motors is an electric commercial vehicle maker. The startup was founded in 2018 by Saurav Kumar.

"This round comes at an important stage in Euler Motors' journey. We are moving from early scale-up to the next phase of growth, where the focus is on building with greater depth and consistency across products, markets and operations," Saurav Kumar said.

Euler Motors said that the funds will support its next phase of growth, with a focus on expanding the product line and manufacturing capacity, scaling its network across India, and strengthening the foundation for continued market share growth in the commercial EV segment.

Hero MotoCorp CEO Harshavardhan Chitale said Euler Motors continues to demonstrate strong momentum in building ecological and scalable solutions.

"Their commitment to innovation, operational excellence and long-term value creation aligns closely with our vision of being sustainable and customer-centric," he added.

With the latest round, Euler Motors said its total capital raised to date stands at approximately Rs 1,900 crore (USD 229 million).

More from Startups


Summary

Startup News: Sneakrz has announced the launch of its new store in Delhi. Sneakrz is a youth-focused sneaker and street culture destination from Brandman Retail.

Sneakrz expands India footprint with launch of 9th store in Delhi's DLF Midtown Plaza
Sneakrz expands India footprint with launch of 9th store in Delhi's DLF Midtown Plaza

Startup News: Sneakrz has announced the launch of its new store in Delhi. This marks its 9th retail outlet in India.

Sneakrz is a youth-focused sneaker and street culture destination from Brandman Retail.

The new store in Delhi is part of Sneakrz 's effort to strengthen its presence across high-potential, premium high-street locations.

Sneakrz's new store in Delhi is located at DLF Midtown Plaza in Moti Nagar. DLF Midtown Plaza is a newly developed retail destination in the city for urban consumers.

Speaking about the launch of a new store in Delhi, Arun Malhotra, founder and director, Brandman Retail, said that Sneakrz is evolving as a culture-first retail destination that goes beyond just selling sneakers.

“Our focus is on curating the right mix of global brands, creating an engaging in-store experience, and building a space that resonates with India's growing community of sneaker enthusiasts. With our 9th store, we are continuing to strengthen this vision while expanding into locations that reflect the next wave of retail growth,” Arun Malhotra said.

The layout of Sneakrz's new story in Delhi is planned to make browsing easy and intuitive, whether someone is looking for performance-driven footwear or something more style-led.

Over time, Sneakrz has been steadily building a format that reflects how younger consumers shop today, with equal emphasis on product, discovery, and experience.

With this launch, Sneakrz reinforces its expansion strategy focused on premium high-street retail, curated brand experiences, and youth-driven culture, as it continues to scale its footprint across India.
 

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Summary

Startup News: Journie has launched ‘Treasury Intelligence Studio’ – a solution designed to help founders and finance teams make smarter decisions around liquidity, idle cash, and treasury deployment.

Journie launches ‘Treasury Intelligence’ to help startup founders, CFOs
Journie launches ‘Treasury Intelligence’ to help startup founders, CFOs

Startup News: Journie has launched ‘Treasury Intelligence Studio’ – a solution designed to help founders and finance teams make smarter decisions around liquidity, idle cash, and treasury deployment.

Journie is a treasury-focused platform working with startups and corporates

For most startup teams, treasury decisions are frequent and often revolve around the same set of questions: How much liquidity should we maintain? Can surplus capital be deployed safely? Should an FD be broken or held? How much money remains idle over weekends or between transactions?

These decisions often involve crores of capital, yet most finance teams still rely on spreadsheets, estimates, and internal judgment. Existing tools remain limited and do not provide a consolidated view of liquidity or actionable insights for treasury planning.

Treasury Intelligence Studio is designed to address this gap by offering a structured analytics and decision-support layer for corporate treasury. The platform enables finance teams to assess liquidity positions, identify idle capital, and evaluate allocation scenarios in a more data-driven manner.

Commenting on the launch, Rakesh Patil, Founder of Journie, said, “Startup founders and CFOs today manage increasingly complex treasury decisions, often without the right tools. With Treasury Intelligence Studio, we wanted to build something that removes guesswork from the process. The platform helps finance teams better understand their liquidity position and make more informed decisions around capital allocation.”

By converting treasury data into structured insights, Journie aims to help startups move from reactive cash management to a more disciplined and informed treasury approach.

The solution is currently available through a limited access phase.
 

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Summary

Startup News: Pentathlon Ventures has announced the closure of second fund. The venture capital firm said that it has closed its second fund at Rs 255 crore.

Rs 255 crore fundraise: Pentathlon Ventures to support B2B technology startups
Rs 255 crore fundraise: Pentathlon Ventures to support B2B technology startups

Startup News: Pentathlon Ventures has announced the closure of second fund. The venture capital firm said that it has closed its second fund at Rs 255 crore.

The funds will be utilised to support B2B technology startups.

Pentathlon Ventures is an early-stage venture capital firm.

Pentathlon Ventures said that it has plans to invest in 16-20 seed-stage startups.

The venture capital firm will continue to maintain its focus on India-based founders building for global markets.

Fund II will expand Pentathlon's focus to sectors such as enterprise AI transformation, fintech, healthtech, cybersecurity, logistics, manufacturing, B2B deep tech, and hardware-led innovation.

The capital was raised from a set of family offices, high-net-worth individuals (HNIs), and entrepreneurs from across India, the United States, and the Middle East.

Pentathlon said it has already invested in eight companies through Fund II, building about half of its target portfolio.

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