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Clean Mobility & EV Startup Starya Mobility Raises Rs 2 Cr In Its Bridge Round

The bridge round will mainly be utilized towards servicing their very first orders received from customers after Starya Mobility opened up their converted scooters for trial rides from November 1st 2021.

Sh! Ventures portfolio company, Starya Mobility in the Clean Mobility & EV space has raised INR 2 CR in its bridge round of funding from ah! Ventures Angel Platform. ah! Ventures’ has done total 106 investments (in 81 Startups) till date taking its total investment portfolio to INR 256 CR (~34 MN USD) with 13 exits and 23 follow on rounds. 3 investments have happened through all three platforms in 2022 till date.

This bridge round of funding has been raised within 6 months from their previous fund raise of 2.2 Cr, which was also raised on ah! Ventures First Gear platform. The bridge round will mainly be utilized towards servicing their very first orders received from customers after Starya Mobility opened up their converted scooters for trial rides from November 1st 2021.

Ravi, founder of Starya says, “Thanks to ah! Ventures, for being amongst the very first external institute to have confidence in our solution. We were thrilled to see the end consumer’s excitement and acceptance of our product during the trial rides, we are hoping to repeat the process in scale very shortly. The holistic solution we are offering made sense to the consumer and we are happy to see investors upholding the same belief.”

Amit Kumar, Senior Partner, ah! Ventures says, “We are extremely delighted to back Starya. The progress so far has been very encouraging, which has been validated by the overwhelming response we have received from existing and few new investors. I am sure Ravi and team will execute this to perfection to make Starya a formidable player in the EV space." 


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