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Indian deeptech startup vecmocon secures 18 million dollars in series A funding

Vecmocon Technologies, a Delhi-based deeptech electric mobility solutions provider, has raised $18 million in a Series A funding round, led by Ecosystem Integrity Fund. The company, which specializes in battery management systems and smart chargers, aims to enhance its R&D and expand into high-voltage electric vehicles and passenger cars. With over 100,000 EVs supported, Vecmocon is positioned to capitalize on India's growing EV market, particularly in two-wheelers and three-wheelers, amid supportive government policies.

Vecmocon Technologies secures over 18 million dollars in Series A funding

Vecmocon Technologies has successfully raised over $18 million in a Series A funding round. This significant investment marks a pivotal moment for the company as it seeks to expand its operations and enhance its technological offerings.
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