Euler Motors
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About Euler Motors
We are an automotive tech startup based out of New Delhi focused on commercial electric vehicles. Inspired by the work done by Tesla, we at Euler Motors committed ourselves to accelerate India's transition to sustainable mobility. Euler aims to become the category leader for cargo transport by driving the Electric Vehicle Revolution in India. We are focused on first solving last mile logistics for E-commerce & 3PL players. To kickstart mass market adoption - Euler is offering the entire "mobility as a service" stack instead of serving just one stage of larger value-chain. This paradigm shift in what was traditionally perceived as the DNA of an OEM has enabled us to work with brands like BigBasket, Blue Dart, Ecom Express and Udaan.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.6/5 based on 230 reviews | 4.1/5 based on 3k reviews | 3.6/5 based on 2.1k reviews | 4.2/5 based on 2k reviews |
Highly Rated for | No highly rated category | Skill development Work-life balance Company culture | Job security | Job security Salary Company culture |
Critically Rated for | Job security Promotions Work satisfaction | No critically rated category | Company culture Promotions Work-life balance | No critically rated category |
Primary Work Policy | Work from office 76% employees reported | Work from office 81% employees reported | Work from office 83% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 3.3 Average rated by 32 women | 4.1 Good rated by 163 women | 4.0 Good rated by 52 women | 4.3 Good rated by 43 women |
Rating by Men Employees | 3.6 Good rated by 191 men | 4.1 Good rated by 2.7k men | 3.6 Good rated by 1.9k men | 4.2 Good rated by 1.8k men |
Job security | 3.0 Average | 3.8 Good | 3.8 Good | 4.3 Good |
Euler Motors Salaries
Product Support Engineer
Territory Sales Manager
Line Engineer
Quality Engineer
Program Manager
Design Engineer
Senior Engineer
Scrum Master
Customer Relationship Manager
Team Lead
Euler Motors Jobs
Euler Motors News
Hero MotoCorp acquires significant stake in Euler Motors with Rs 525 crore investment
- Hero MotoCorp has announced a strategic investment of up to Rs 525 crore in Euler Motors, an electric vehicle startup.
- The investment will be executed in one or more tranches, with Hero MotoCorp holding approximately 32.5% stake in Euler Motors on a fully diluted basis.
- Euler Motors specializes in the design, manufacturing, and servicing of electric three-wheelers and commercial four-wheelers.
- Hero MotoCorp's investment in Euler Motors aligns with its strategy to diversify its electric vehicle portfolio and drive the adoption of electric commercial vehicles in India.

From Nivara Home Finance To Pilgrim — Indian Startups Raised $109 Mn This Week
- Indian startups raised $109.2 Mn in the third week of March, witnessing a decrease compared to the previous week's $428.8 Mn funding.
- 18 startups secured funding in various sectors, showcasing a rise from 14 startups the previous week.
- Fintech stood out with Nivara Home Finance and Navadhan collectively raising $40.8 Mn, while ecommerce saw six startups securing $28.7 Mn.
- Five seed-stage startups received $5.2 Mn funding, a drop from the previous week's $10.1 Mn.
- Inflection Point Ventures actively invested in STAGE and My Pahadi Dukan, being a prominent investor this week.
- Nikhil Kamath’s Gruhas launched a real estate tech fund while All In Capital, Yashaa Global Capital, and Venturi Partners introduced new funding initiatives.
- M&A activity included Nazara Technologies acquiring Absolute Sports and Unicommerce acquiring Shipway.
- IPO updates featured PhysicsWallah filing for a $531.4 Mn IPO and Pine Labs planning its IPO for the second half of 2025.
- PayU acquired a stake in Mindgate Solutions, Hero Motorcorp invested in Euler Motors, and Jeevansathi plans to invest in Aisle.
- Icertis aims to raise $50 Mn in an equity funding round, showcasing the diverse growth in the Indian startup ecosystem.

Hero MotoCorp to invest Rs 525 Cr in Euler Motors, acquire 32.5% stake
- Hero MotoCorp will invest Rs. 525 crore in Euler Motors.
- The investment will help Hero MotoCorp venture into the electric three-wheeler segment.
- Hero MotoCorp will acquire approximately 32.5% stake in Euler Motors.
- Euler Motors has a presence in 30 cities in India and recently launched their first electric commercial four-wheeler.

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- Hero MotoCorp to acquire 32.5% stake in Euler Motors for ₹525 crore
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Hero MotoCorp to Invest ₹525 Cr in Electric Three-Wheeler Maker Euler Motors, Acquiring 32.5% Stake
- Hero MotoCorp to invest up to ₹525 crore in electric three-wheeler manufacturer Euler Motors.
- Hero MotoCorp will acquire a 32.5% stake in Euler Motors through a mix of primary and secondary investments.
- The investment will help Hero MotoCorp establish a strong foothold in the growing electric three-wheeler segment.
- Euler Motors, a Delhi NCR-based startup, designs, manufactures, and sells electric three-wheelers and has a presence in over 30 cities in India.

Hero MotoCorp to invest up to Rs 525 crore in Euler Motors for 32.5% stake
- Two-wheeler manufacturer Hero MotoCorp to invest up to Rs 525 crore in Euler Motors for a 32.5% stake.
- The investment will be made in one or more tranches and give Hero MotoCorp a 32.5% stake in Euler Motors.
- Euler Motors focuses on designing, manufacturing, selling, and servicing electric three-wheelers and recently expanded into four-wheelers.
- Hero MotoCorp's investment aims to establish a strong position in the growing electric three-wheeler market, where EVs are expected to account for 35% of total sales.

Hero MotoCorp To Acquire 32.5% Stake In Euler Motors For INR 525 Cr
- Auto giant Hero MotoCorp to invest up to INR 525 Cr in electric three-wheeler manufacturer Euler Motors.
- Hero MotoCorp to acquire a stake of nearly 32.5% on a fully-diluted basis in Euler Motors.
- The investment will help Hero MotoCorp gain a foothold in the electric three-wheeler market.
- India registered 6.91 Lakh electric three-wheeler registrations in 2024, with EVs accounting for 56% of total sales.

Hero MotoCorp forays into electric three-wheeler by acquiring stake in Euler Motors
- Hero MotoCorp is foraying into the electric three-wheeler market by acquiring a stake in Euler Motors.
- Hero MotoCorp will make primary and secondary investments in equity shares and Series D Compulsory Convertible Preference Shares of Euler Motors, resulting in approximately 32.5% stake on a fully diluted basis.
- The investment allows Hero MotoCorp to enter the growing electric three-wheeler market and explore new business opportunities.
- Hero MotoCorp will now compete with major players like Mahindra & Mahindra, Bajaj Auto, Piaggio Vehicles, and Omega Seiki in the electric three-wheeler segment.

Hero MotoCorp Diversifies Into Electric Three-Wheelers With Euler Investment
- Hero MotoCorp plans to invest in one or more tranches up to Rs 525 crore in Euler Motors for a significant stake in the electric three-wheeler startup.
- This investment will provide Hero MotoCorp with a strong foothold in the fast-growing electric three-wheeler market, where EVs are projected to account for 35% of total sales in the near future.
- Euler Motors has a presence in 30 cities in India and is engaged in the designing, manufacturing and sale & service of electric three-wheelers.
- On Thursday, Hero MotoCorp shares rose 1.73% to Rs 3,596.90 apiece on the BSE even as the benchmark Sensex ended the day 1.19% higher at 76,348.06 points.

EV financing startup Vidyut raises $2.5 million from Flourish Ventures
- Vidyut, an EV financing startup, raised $2.5 million from Flourish Ventures.
- The Bengaluru-based company plans to expand its Battery-as-a-Service (BaaS) offerings for commercial and passenger EVs.
- Vidyut has raised over $16.5 million in funding till now, including a $10 million round led by 3one4 Capital in February 2024.
- Founded in 2021, Vidyut offers affordable financing through a battery subscription model, reducing upfront costs for EVs.
- The company lowers upfront costs of three-wheeler EVs by 35-40% through pay-per-kilometer battery subscriptions, making EVs more affordable than ICE vehicles.
- Vidyut provides a full-stack ecosystem for commercial and passenger EV ownership, including insurance, maintenance, resale, and lifecycle management solutions.
- In September 2024, Vidyut entered the passenger EV market by partnering with JSW MG Motor India to reduce upfront costs of four-wheeler EVs by 30%.
- The company collaborates with Tata Motors, Mahindra Last Mile Mobility, Piaggio, Euler Motors, and others, with a distribution network covering 30 cities.
- Flourish Ventures, managing around $850 million in assets, believes finance plays a key role in enabling climate change actions, supporting EV adoption in India.
- Flourish has previously backed companies like Indifi and M2P Fintech in India, focusing on sustainable solutions and access to credit.

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