Whalesbook
Bengaluru-based electric vehicle maker 3ev Industries has successfully raised ₹120 crore in its Series A funding round. The investment was led by Mahanagar Gas Limited with ₹96 crore, alongside contributions from Equentis Angel Fund and Thackersey Group. Funds will fuel expansion in manufacturing, charging infrastructure, and aftermarket services, supporting the company's goal to double sales and revenue by FY25 and achieve positive EBITDA by FY26.