E3 Electric.Ai Raises ₹100 Crore Through Equity and Debt Funding

E3 Electric.Ai, a Bengaluru-based electric mobility company, has raised ₹100 crore through a combination of equity and debt as part of its Series A funding round, led by BluVenture Holdings. The company will deploy the funds towards product development, innovation, and expanding its market presence across India.

The funding comes ahead of the launch of E3 TRION, an AI-powered electric scooter that the company plans to unveil in the coming weeks. E3 Electric.Ai is focused on building AI-enabled electric scooters designed to improve safety, reliability, charging, and ownership experience.

The company is backed by a 100+ member R&D team with experience across OEMs, EV, and AI companies, along with a portfolio of over 18 patents spanning modular architecture, battery systems, and AI-led safety.

E3 Electric.Ai aims to build electric two-wheelers for India’s mass market as an alternative to the 110cc scooter segment, focusing on affordability, reliability, and lower cost of ownership. The company is addressing challenges across safety, service, charging, and resale to make connected mobility accessible to more users in India.

P. Sanjeev, Founder & CEO, E3 Electric.Ai, said, “At E3, we believe electric vehicles should predict, learn and continuously improve, making mobility safer, more reliable and affordable over time. E3’s DNA is defined by 3 words, Modular + AI + Human.  Our Modular platform enables us to build multiple scooter variants from the same chassis.  E3’s patented AI stack enables preventive maintenance check and smart routing to address range anxiety. E3 TRION is crafted with care and introduces best in class anthropometry-based ergonomics for a very comfortable ride. This investment enables us to accelerate our vision of making intelligent mobility accessible to millions of Indian families.”

Shaun Dawson, LP with BluVenture Holdings, added, said “As the world’s largest two-wheeler market, India is at an inflection point in its EV transition journey. E3 has built an impressive technology platform combining modular engineering with software-led intelligence that is tailor-made for electric scooters. Sanjeev’s deep expertise enabled E3 to build a profitable, sustainably scalable operating model instead of the industry’s typical heavy-burn approach. E3 is smartly leveraging AI to track performance and health parameters, delivering predictive maintenance & value. We see the opportunity to build a category-defining company.”

Also read: BatX Energies raises ₹105 crore in Series A funding