Oben Electric Closes Rs100 Crore Series A, Targets 150 Showrooms by FY26
Oben plans to accelerate development of its sub-₹1 lakh O100 electric motorcycle platform with its new funding.
Overview
- Oben Electric secured an additional Rs50 crore in May 2025, bringing its total Series A funding to Rs100 crore and its overall capital infusion to Rs200 crore.
- The extended round attracted new investors including Helios Holdings, the Sharda Family Office and the Kay Family alongside existing backers.
- Oben plans to expand its retail network to more than 150 showrooms across over 50 cities by the end of FY26.
- The company will use the capital to ramp up production at its Bengaluru facility and strengthen its after-sales infrastructure.
- Oben aims to raise $30 million in Series B funding later in 2025 to support international expansion and further product development.