Urban Sphere, an OEM-connected manufacturer of commercial electric vehicles, in their initial funding round, was able to raise INR 30 lakh from the angel networks. The money can be utilized to expand the business’s operations on national and international boundaries, and it will be making an effort to increase its customer base of connected four-wheeled commercial vehicles.
“We started Urban Sphere after intensively studying e-commerce customers during and post-pandemic and found a shift in their behaviors towards quick deliveries – ten-minute deliveries, express deliveries, and same day deliveries which are in turn adding up infra and operational challenges on mid and last mile logistics. We would like to thank our angel investor for trusting Urban Sphere’s vision and investing in our startup,” said Karthik A, CEO and co-founder of Urban Sphere.
“We will be using this funding to set up extensive ground operations of manufacturing, R&D. With the hope of bringing connected wheels on road for Indian markets through an innovative connected commercial four-wheeled electric vehicle for the future of transport and logistics,” said Karthik
In September 2022, Urban Sphere was a connected commercial EV OEM co-founded by Karthik A. and Nagarjuna V, co-founder, CTO, and co-founder.
