Chennai-based electric motorcycle startup Raptee.HV has secured funding from the Technology Development Board (TDB) under the Department of Science & Technology, making it the first EV motorcycle OEM in India to be financed by the statutory body. The funding amount was not disclosed.
The capital will be deployed to advance Raptee’s proprietary high-voltage technology platform for EVs, which the company says enables faster charging, improved efficiency, and better compatibility with India’s expanding public charging infrastructure.
Founded in 2021 by Dinesh Arjun, Keerthivasan Ravi, Karthikeyan Adhikesavan, and Phunith Kumar, Raptee.HV currently retails its T30 electric motorcycle at an ex-showroom price of ₹2.4 lakh.
The startup claims its 240-Volt DC architecture brings the performance and charging advantages typically seen in electric cars into the two-wheeler segment.
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Raptee.HV spent six years indigenously developing its high-voltage technology, supported by an in-house R&D unit capable of designing, testing, and validating electronics, embedded software, and mechanical systems.
The company operates a 4.5-acre production facility in Chennai with an annual capacity of 1 lakh units.
Previously, Raptee received a ₹3.2 crore grant from the Ministry of Heavy Industries via ARAI-AMTIF in 2021 and raised $3 million in a pre-Series A round led by Bluehill Capital.
