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E3 Electric.Ai raises ₹100 Cr ($10.4 Mn) in Series A funding led by BluVenture Holdings to launch its AI-powered electric scooter range and expand across 90 markets.

PRIVATEJul 15, 2026

Amount Raised

₹1 Billion

Round Type

Series A

BengaluruManufacturingAutomotiveElectric Vehicle

Investors

BluVenture Holdings

Description

E3 Electric.Ai has secured ₹100 Cr (about $10.4 Mn) in Series A funding led by BluVenture Holdings. The startup plans to use this capital to accelerate product development and launch its first scooter, E3 TRION. With the funding split between equity and debt, 75% comes from equity sources. Their first market will be Bengaluru, expanding to other key cities including Delhi soon.

Quick answer

E3 Electric.Ai raised ₹1 Billion in a Series A round, dated July 15, 2026. Investors: BluVenture Holdings. E3 Electric.Ai is based in Bengaluru, Karnataka, India.

How much did E3 Electric.Ai raise?
E3 Electric.Ai raised ₹1 Billion in a Series A round on July 15, 2026.
Who invested in E3 Electric.Ai?
BluVenture Holdings is named as investors in this round.
What does E3 Electric.Ai do?
E3 Electric.Ai is an electric mobility startup founded in 2024 by former TVS Motor EV head P Sanjeev.
Where is E3 Electric.Ai based and how big is it?
E3 Electric.Ai is based in Bengaluru, Karnataka, India. Fundz records about 36 employees.
Who are the decision-makers at E3 Electric.Ai?
Fundz holds 3 contacts at E3 Electric.Ai, including the Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Electric Vehicle around the same time

Companies in the same sectors as E3 Electric.Ai that raised within 45 days of this round, from Fundz verified event records.

  • MATTER Motor Works raised $25M on August 25, 2026.
  • Applied EV raised $30M (Series B) on August 25, 2026.
  • Shenzhen Xincan Technology raised $15M (Series A) on August 24, 2026.
  • BGauss raised $11M (Series D) on August 20, 2026.
  • Also raised $150M (Series D) on August 19, 2026.
  • GREENPOWER MOTOR Co raised $1.4M on August 18, 2026.

Who to call at E3 Electric.Ai, and when

A new round usually means E3 Electric.Ai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day E3 Electric.Ai raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at E3 Electric.Ai, from your own LinkedIn network

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Company Information

Company

E3 Electric.Ai

Location

Bengaluru, Karnataka, India

About

E3 Electric.Ai is an electric mobility startup founded in 2024 by former TVS Motor EV head P Sanjeev. The company is focused on building AI-powered electric scooters that enhance battery safety and predictive maintenance. Their modular platform allows for multiple scooter variants and upgrades as technology changes. The startup aims to launch its first scooter, E3 TRION, while expanding its presence across India.

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Related People

3 contacts
Verified contactsSanjeev, Founder & CEO hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

E3 Electric.Ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.