Creatara has raised $1 million in seed funding led by GEMS Partners. This investment will help the company develop and launch its advanced two-wheeler electric vehicles.
“The funding marks an important milestone for Creatara,” said Vikas Gupta, Founder and CEO of Creatara. “We are excited to bring our cutting-edge electric vehicles to the market.”
The money will be used for research and development, testing, manufacturing, and distribution of their electric vehicles.
In May, Creatara also received a Rs 3.9 crore grant from the Ministry of Heavy Industries to support the development of indigenous technology.
