Deep-tech electric mobility startup E3 Electric.Ai has raised ₹100 crore ($10.5 million) in a Series A funding round through a combination of equity and debt. The round was led by BluVenture Holdings and comes ahead of the commercial launch of the company’s E3 TRION electric scooter.
The company said the fresh capital will be used to accelerate product innovation and expand its presence across the Indian market.
Founded in 2024 by P. Sanjeev, E3 Electric.Ai develops AI-powered electric scooters built on a modular, future-ready architecture with a human-centric design. The company aims to make clean, intelligent, and accessible mobility available to a wider audience, with its two-wheelers designed to meet the changing needs of family commuters.
Based in Bengaluru, the startup has developed proprietary technologies that include AI-enabled safety systems, predictive diagnostics, connected vehicle technologies, modular powertrain architecture, and battery intelligence. The company aims to use AI to continuously improve vehicle safety, reliability, charging efficiency, and the overall ownership experience.
E3 Electric.Ai is focused on making intelligent electric mobility more accessible for India’s mass market. Positioned as an alternative to the popular 110cc scooter segment, its AI-powered electric scooters are designed to deliver affordability, reliability, and a lower cost of ownership.
The company also aims to address key challenges in electric mobility, including safety, servicing, charging, and resale value, while offering riders a connected, intelligent, and sustainable mobility experience.
E3 Electric.Ai competes with established players in the electric two-wheeler market, including TVS, Ola Electric, Ather Energy, and Bajaj Auto.
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