Logo
A

Altigreen Propulsion Labs

393 employees

Altigreen is a Reliance-backed Bangalore based manufacturer of commercial electric vehicles for the last mile segment. Our vehicles are thoroughly researched and meticulously engineered for Indian roads, climate, driving behaviour, and commercial considerations. This has resulted in commercial EVs that compete in price and excel in performance against combustion engine vehicles in their category. Altigreen's indigenously developed technology is protected by 28 global patents spanning 60 countries, including seven in the US. Our vehicles are available in all major Indian cities through a growing network of dealerships. Global awards received by Altigreen include those from World Wide Fund for Nature, Niti Aayog, ARAI, Economic Times, Elecrama, IoTNext, IDTechEx, and more.

Investor insights

Funding rounds participated in

$40M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Automotive

Sectors

Automotive

Date founded

2013

Funding rounds raised

Total raised

$40M

from 2 investors over 1 rounds

A

Altigreen Propulsion Labs raised $40M on March 10, 2022

Investors: Sixth Sense Ventures and + 3 Other investors

FAQ