Euler Motors raises Rs 638 crore funding in round led by Hero MotoCorp

Euler Motors has raised Rs 638 crore in Series D funding led by Hero MotoCorp, marking Hero’s entry into electric three- and four-wheelers. Funds will boost sales, service network, and product development. With this round, Euler’s total funding reaches Rs 1,420 crore, supporting expansion to 80 cities and increasing market share.