Bengaluru-based Oben Electric has successfully raised INR 100 crore in Series A funding, including a fresh INR 50 crore infusion in May 2025 through an extended round. The EV startup, known for its vertically integrated electric motorcycle offerings, has now raised a total of INR 200 crore to date. Key investors in the extended round include Helios Holdings, Sharda family office, Kay family, and other new and existing stakeholders.
The company plans to leverage the funds to aggressively expand its retail footprint to over 150 showrooms across 50+ cities by FY26. Oben also aims to fast-track development of its new O100 platform—a lineup of affordable electric motorcycles priced under INR 1 lakh—and scale up production at its fully compliant Bengaluru facility. The O100 platform is geared toward democratizing electric mobility in India, while reinforcing Oben’s push into the mass commuter segment.
Founded in 2020, Oben Electric is one of the few Indian electric two-wheeler startups that designs and manufactures not just the vehicles but also key components like LFP batteries, motors, vehicle control units, and chargers. The company currently operates 37 retail outlets across 13 states, and offers two key models—Oben Rorr and Rorr EZ—boasting top speeds of up to 95 km/h and a range of 175 km. Oben’s unique use of LFP battery chemistry enhances safety, durability, and performance, especially under India’s diverse climatic conditions.
Looking ahead, Oben is targeting a USD 30 million Series B round to support international expansion and further enhance its product portfolio. The brand remains committed to its “Designed in India for the World” mission, with ambitions to become the world’s leading electric motorcycle OEM.
