Creatara, a Delhi-based startup in the electric two-wheeler industry, has secured a seed investment of $1 million USD. The venture capital firm Gems Partners led the investment. This financial boost is set to speed up the company’s development and help bring its products to market more swiftly. Creatara Mobility Pvt. Ltd. (incorporated in 2018) is an IIT Delhi-partnered e-mobility venture supported by DST (Dept. Science & Technology).
This funding milestone is a step for Creatara as it seeks to transform the two-wheeler market with advanced technology and solutions. The support from Gems Partners shows the potential seen in Creatara’s mission and growth. “We are grateful for the trust and confidence Gems Partners has placed in us and are excited to leverage this support to accelerate our growth and bring our vision to life”, said the company.
Creatara aims to continue its work and lead advancements in the two-wheeler industry. The startup promises more updates as it progresses with its projects.
Also read: Electric 2W start-up Vegh raises USD 5M in pre-series round
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