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Ultraviolette, India raises USD 85 million for global two-wheeler EV platform development

On September 23, 2026, Ultraviolette announced a USD 85 million funding round led by Yali Capital and TDK Ventures, with participation from Lip-Bu Tan, Chairman of Walden International, and the company’s existing investors. Tan will join Ultraviolette as an advisor.
The company plans to use the funds to scale product....

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