Portfolio Startup Vecmocon raises $5.2M funding from Tiger Global, Blume Ventures, and others

Deeptech EV AIC ISB portfolio startup, Vecmocon has raised $5.2M in funding from Tiger Global, Blume Ventures, and other prominent strategic angels.

Vecmocon aims to utilise this funding to invest into team building, business expansion, scaling up of operations, and product innovation.

Founded in 2016 by Peeyush Asati, Adarshkumar B, and Shivam Wankhede, Vecmocon is on a mission to empower the EV OEMs and other ecosystem players with access to state-of-the-art technology and best-in-class reliable components.

The funding raised by Vecmocon is a testament to the growing interest in deeptech solutions and electric vehicles in India and around the world. With the backing of Tiger Global and Blume Ventures, Vecmocon is well-positioned to create a sustainable future by developing innovative solutions that redefine the EV landscape. As the demand for electric vehicles continues to grow, Vecmocon’s deeptech solutions are poised to play a significant role in shaping the future of mobility.

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