News, 20 June 2025
Oben Electric, an electric motorcycle manufacturing startup from Bengaluru, has secured ₹100 crore through its Series A funding round. This investment follows an additional ₹50 crore secured in May 2025, complementing an initial ₹50 crore raised in January 2025. With this, the company’s total capital raised to date now stands at ₹200 crore.
The latest funding round saw continued support from existing investors, alongside new participants such as Helios Holdings, the Sharda Family Office, and the Kay Family. This influx of capital underscores growing investor confidence in Oben Electric’s product portfolio, market performance, and financial trajectory.
Since its initial Series A funding, Oben Electric has significantly expanded its footprint, establishing 37 retail outlets across 26 cities in 13 states, including key regions like Punjab, Gujarat, Telangana, and Odisha. The fresh capital injection is earmarked for accelerating the company’s next growth phase.By FY26, the company plans to expand its retail footprint to over 150 showrooms in more than 50 cities. Additionally, Oben Electric intends to scale up manufacturing at its Bengaluru facility, strengthen its after-sales network, and expedite the creation of the ‘O100’ electric motorcycle platform, which is designed to be an accessible option priced below ₹1 lakh.
Oben Electric’s current product offerings feature the flagship Rorr and its entry-level variant, the Rorr EZ. The Rorr EZ has particularly resonated with urban commuters due to its competitive pricing, starting at ₹99,999. It boasts quick acceleration, reaching 0–40 km/h in 3.3 seconds, a top speed of 95 km/h, and an impressive Indian Driving Cycle (IDC) range of up to 175 km. These models are powered by robust LFP battery packs, recognized for their safety, durability, and resistance to varying weather conditions.
Looking ahead, Oben Electric plans to initiate a Series B funding round of $30 million later in 2025. This will support its ambitious goals for international expansion and further operational scaling, with the ultimate aim of becoming a globally recognized electric motorcycle brand designed and developed in India.
