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Raptee.HV, a Chennai-based startup pioneering the use of high-voltage (HV) electric car technology in two-wheelers, has secured funding from the Technology Development Board (TDB), Department of Science & Technology, Government of India. With this, Raptee.HV has become the first electric motorcycle OEM in India to receive TDB’s financial support.
The fresh funding will help Raptee.HV strengthen its proprietary high-voltage technology and accelerate its presence in the USD 1 billion performance electric motorcycle market.
Commenting on the development, Dinesh Arjun, CEO & Co-Founder of Raptee.HV, said, “This support from TDB is a major boost to our mission of redefining performance electric mobility. In the absence of an existing ecosystem for high-voltage motorcycle architecture, we built one ourselves. Earlier, we also received a grant from ARAI-AMTIF and the Ministry of Heavy Industries. The trust placed in us by TDB and ARAI-AMTIF further strengthens our resolve.”
In 2021, Raptee.HV received a non-dilutive grant of ₹3.25 crore from ARAI-AMTIF. With TDB’s latest support, the company joins the league of landmark Indian innovations such as the Tata Indica and Bharat Biotech’s COVID-19 vaccine, both of which were previously backed by TDB. This is TDB’s first-ever investment in the electric motorcycle segment, signaling a strong commitment to next-generation mobility technologies.
Unlike most EV players who build on existing platforms, Raptee.HV has spent the last six years developing its technology from the ground up, becoming the only Indian EV motorcycle company to offer bikes powered by proven high-voltage car technology. These motorcycles promise car-level performance, reliability, and charging convenience.
Since motorcycles account for nearly two-thirds of India’s two-wheeler market, their electrification is crucial to achieving India’s 2030 target of 30% EV penetration in two-wheelers. Raptee.HV believes true motorcycle electrification requires disruptive technological leaps, not incremental upgrades of existing platforms.
