Vecmocon Technologies, an electric mobility solutions startup based in Delhi, has closed its Series A funding round with a total of $18 million. The funding will support the company’s research and development initiatives and expansion into new electric vehicle (EV) segments.
The latest tranche of $8 million was led by the Ecosystem Integrity Fund (EIF), with participation from Aavishkaar Capital. This follows an earlier $10 million round in November 2024, which was also led by EIF and included British International Investment (BII) and Blume Ventures.
Founded in 2016, Vecmocon develops critical components for electric vehicles, such as battery management systems, smart chargers, and vehicle intelligence modules. Its technology currently supports over 100,000 EVs, including two- and three-wheelers as well as light commercial vehicles. Clients include original equipment manufacturers, fleet operators, and EV infrastructure providers.
With the fresh capital, the company plans to extend its solutions to high-voltage electric vehicles, including passenger cars and electric buses, marking a step toward broader adoption of its technology across India’s evolving EV market.
