E3 Electric.Ai Raises ₹100 Crores in Series A Funding Led by BluVenture Holdings to build India’s first Intelligent Electric Scooters
E3 Electric.Ai, a Bengaluru-based deep-tech electric mobility company building AI-powered, modular electric scooters, has raised ₹100 crores with a combination of equity & debt. Led by BluVenture Holdings, a global venture capital firm backing high-growth, category-defining startups, this investment is part of its Series A funding, and the capital will be deployed towards accelerating product innovation and building E3's market presence across India.
The funding comes ahead of the commercial launch of E3 TRION, India’s first intelligent electric scooter, which will be unveiled in the coming weeks.
India's EV market has largely focused on electrification. E3 believes the next phase of mobility will be defined by intelligence, where software continuously improves vehicle safety, reliability, charging and ownership experience through AI.
E3 Electric.Ai is building for that shift. Its AI-powered, modular electric scooters are engineered around a human-first design philosophy, built to predict issues before they occur, guide riders proactively, and keep them safer on the road.
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: "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."
The company is powered by a robust R&D backbone, with a 100+ member team bringing deep expertise from leading OEMs and new-age EV and AI companies, along with a growing portfolio of over 18 patents spanning modular architecture, battery systems, and AI-led safety. This strong engineering foundation focuses on the company’s vision to “empower millions with smart, safe and practical mobility,” focused on democratising intelligent mobility for India’s mass market.
Positioned as a strong alternative to the popular 110cc scooter segment, E3’s AI-powered electric two-wheelers focus on affordability, reliability, and lower cost of ownership. By addressing key challenges like safety, service, charging, and resale, E3 Electric.Ai is making smart, connected mobility accessible to India. For the company, mobility is more than transportation, it's a catalyst for progress. The company aims to enable advancement in mobility through
electric scooters that are intelligent, reliable, affordable, safe, and sustainable, giving riders freedom, seamless connectivity, and a superior riding experience.
