# Ultraviolette plans ₹373 crore Series E raise for new factory

Ultraviolette Automotive plans to raise ₹373.04 crore in Series E funding to invest over ₹1,000 crore in expanding manufacturing, including a new BIGGA factory with initial capacity of 250,000 electric two-wheelers annually.

- Type: Investment
- Announced: 2026-09-11
- Where: India
- Value: $45.0M (3.73B INR)
- Status: announced
- Capacity: 250000 vehicles annually
- Products: electric two-wheelers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ultraviolette Automotive](https://endata.com/companies/94133.md)

## Sources

- [retailintel.in](https://retailintel.in/signal/ultraviolette-eyes-373-cr-series-e-raise-to-build-2-5-lakh-u-434ab66b), 2026-09-11: "Ultraviolette plans to raise ₹373.04 crore in ongoing Series E funding while investing over ₹1,000 crore to expand manufacturing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.