EV parts maker Vecmocon raises $10 million in round led by Ecosystem Integrity Fund

British International Investment and existing investor Blume Ventures also participated in the round. The IIT Delhi-incubated startup will use the funds to expand its presence in electric two-wheelers and three-wheelers, light commercial vehicles, and buses. Vecmocon last raised $5.2 million from New York-based investment firm Tiger Global, and Blume Ventures in 2022.