Electric motorcycle manufacturer Ultraviolette has secured $45 million in fresh growth capital as part of its ongoing Series E funding round.

The latest investment comes from Zoho Corporation, led by Sridhar Vembu, Mani Vembu and Kumar Vembu, and Lingotto, one of Europe’s largest investment management firms.

The new funding will support Ultraviolette’s aggressive expansion in India and overseas, helping scale its current products — the F77 electric motorcycle and the X-47 crossover EV — as well as upcoming platforms Shockwave and Tesseract.

Ultraviolette recently launched the X-47, which has seen strong nationwide demand.

The company has also expanded rapidly, now present in 30 Indian cities and aiming to reach 100 cities by mid-2026. Internationally, the F77 was launched in the United Kingdom, marking the brand’s footprint in 12 European countries.

“We are glad to announce our Series E investment from Zoho and Lingotto,” said Narayan Subramaniam, Co-Founder & CEO of Ultraviolette. “Lingotto’s legacy of backing iconic mobility brands and Zoho’s commitment to supporting Indian innovation aligns with our mission to build category-defining electric mobility solutions.”

Co-Founder and CTO Niraj Rajmohan added that the company will scale production and accelerate its battery and performance technologies. “This investment will support our upcoming product platforms and fuel expansion in India and global markets,” he said.

Founded in 2016, Ultraviolette develops high-performance electric motorcycles and advanced battery platforms with strong aviation-inspired engineering.

Investors, including Lingotto, TDK Ventures, Qualcomm Ventures, Zoho Corporation, TVS Motors, and Speciale Invest, back the company.