₹85 Crore Pre-Series B Funding Boosts Growth Plans
Oben Electric has successfully raised ₹85 crore in a Pre-Series B funding round, strengthening its financial base for production scaling and product development. This capital infusion marks a key milestone in the company’s growth trajectory as it prepares for a larger Series B raise. The funds are earmarked for advancing technology, strengthening manufacturing infrastructure, and expanding sales and service operations across India. (AutocarPro)
The company has positioned itself as an emerging contender in the electric two-wheeler space, where differentiated technology, consistent range performance and strong customer support are key competitive levers. With the fresh capital, Oben plans to upgrade its production lines to support higher output and tighter delivery timelines as market demand broadens. Early investor interest in this round also reflects continued confidence in Oben’s value proposition among stakeholders.
Focus on Production and Market Expansion
The infusion will enable Oben Electric to invest strategically in its manufacturing ecosystem. This includes adding new capacity, optimising process efficiencies and enhancing quality assurance at scale. The company also intends to fortify its R&D arm, with a sharper focus on battery technology, software integration, and after-sales support services. With demand for electric two-wheelers rising across urban and peri-urban markets, production readiness and distribution depth are emerging as key differentiators.
Building Dealer and After-Sales Networks
Part of the funding will support expansion of Oben’s dealer and service network, designed to drive deeper market penetration and improve the ownership experience. Strengthening physical touchpoints across cities and towns is critical as EV adoption grows and customers seek accessible charging and servicing options.
The Pre-Series B funding round sets the stage for larger institutional participation in Oben’s next fundraising phase. By bolstering its financial runway now, Oben Electric is positioning itself for accelerated growth amid competitive pressures and evolving customer demands in India’s EV mobility sector.
