Ultraviolette just secured $21M led by TDK Corporation’s venture arm to turbocharge its global expansion. The Indian electric motorcycle startup launched in 2016 is moving fast after hitting 10 European countries two months ago.
The startup will quadruple its presence in Europe, break into Latin America and Southeast Asia, and roll out 14 models by early 2027. This comes on the heels of its 2024 flagship F77 Mach 2 and the F77 SuperStreet launch earlier this year.
Co-founders Narayan Subramaniam (CEO) and Niraj Rajmohan (CTO) designed electric two-wheelers that match 150cc to 800cc gas-powered sports bikes. Their F77 delivers 186 miles range, 96 mph top speed, with 30kW peak power and 100 Nm torque.
Ultraviolette also offers the Shock Wave motorcycle and Tesseract scooter—the latter packed with front/rear radars and cameras for assisted driving and blind spot detection. Prices start at $1,650 for the scooter and go up to $10,000 for bikes.
The lineup includes eSIM connectivity and proprietary diagnostics for predictive maintenance. The app spots tiny issues like chain lubrication needs, keeping riders connected.
They run a Bengaluru factory with 30,000 unit capacity, planning to scale to 300,000 units by next year. Around 500 staff, including 200 R&D, work in-house on software, batteries, and motor controllers.
Rajmohan shared their Tesla-inspired mindset:
“We asked ourselves, if we have to make electric exciting in two-wheelers, what would it take? And that’s the objective with which we started.”
The word ‘Ultraviolette’ targets a global market—‘violet’ sounds the same across 30+ European languages, ‘ultra’ signals cutting-edge.
India’s EV penetration is just 7.66%—below global 16.48%—making overseas markets crucial. The company plans 100 stores across Indian cities by March 2026, with 50 opening this festive season.
Ultraviolette has 40 European dealers and aims for a big scale-up next year. Pilots in Latin America and Southeast Asia start soon, with plans for the U.S. and Japan later.
The startup sold 3,000+ bikes in India and projects 10,000 this year, aiming for $50M revenue by fiscal year-end. Existing investors Zoho and Lingotto joined the round, bringing total funding to $75M along with Qualcomm Ventures, Exor, and TVS Motor.
Image Credits: Ultraviolette
Image Credits: NITI Aayog
Image Credits: Ultraviolette
Ultraviolette is betting big to electrify global motorcycle markets beyond India’s price-sensitive landscape. Next year’s aggressive European push and new market pilots could make it a serious global player fast.