kWh bikes raises $2 million in a seed round

kWh bikes the Bengaluru based start up has raised $2 million in a seed round led by LetsVenture, with Better Capital, Cloud Capital, Founder Backer Capital, and Faad Network. The company claims to have received 78,000 pre-orders already.

The company said through a statement that it has received letters of Intent for its upcoming e-scooter from 75 dealers across India. Some of the salient features of its forthcoming e-scooter are a top speed of over 75 kmph, 4 hours charging time, high convenience, and reliability. It has an aspirational yet functional design with premium looks and is equipped with high performance, strength, and technology.