Vecmocon secures $18mn to boost global EV innovation
Vecmocon Technologies has raised $18 million in Series A funding, with $8 million led by Ecosystem Integrity Fund and Aavishkaar Capital. The funds will boost R&D, EV platforms, and global expansion. Vecmocon develops smart EV components like BMS, VIMs, and chargers. Aligned with 'Make in India', it aims to lead in sustainable electric mobility and connected vehicle technology.