New Delhi, June 9, 2025 — Deep-tech venture Vecmocon Technologies, which is at the forefront of India’s EV ecosystem. They have received $18 million in Series A funding. The Ecosystem Integrity Fund (EIF) led the round. With backing from Aavishkaar Capital, British International Investment (BII) and existing investor Blume Ventures.
Vecmocon Strategic Investment to Fuel Expansion and Innovation
Established in 2016 by alumni of IIT and ISB. Vecmocon has established itself as a pioneer in creating smart, safety-critical electric vehicle systems. Vecmocon’s products are already on the road in more than 100,000 vehicles in 2W, 3W and LCV segments. Such as high-performance Battery Management Systems (BMS), smart chargers, Vehicle Intelligence Modules, and cloud-based analytics.
The New Capital Will be Applied To
- Growing Vecmocon’s R&D and engineering teams.
- Construct research and development facilities of international standards.
- Enhance expertise in embedded design, power electronics, IoT, and data science.
- Faster expansion across the world and facilitating the company’s vision of powering more than 1 lakh vehicles on Indian roads.
Peeyush Asati, CEO and Vecmocon co-founder, said. “This infusion of capital will supercharge our efforts. To engineer the next generation of the most robust, high-performance, software-defined, and safety-critical systems. Uniquely tailored for Indian conditions and global deployment in EV and clean energy systems. We’re not just building for India, we’re building in India, by Indian engineers, for the world. Our dedication to initiatives like ‘Atmanirbhar Bharat’ lies at the very core of our product philosophy. Strengthening local counterparts to global IP and promoting technological sovereignty”.
Market Position and Future Roadmap of Vecmocon
Vecmocon technology is embraced by top EV OEMs, fleet operators, and banks. The company endeavors to blend intelligent software, data insights, and monetary solutions. To make EVs more responsive, adaptive, and efficient. Vecmocon currently employs more than 215 people.
Industry Reactions on Vecmocon Funding
Industry experts consider this investment as a turning point for India’s EV industry. Indicating a change in investor interest from vehicle production to facilitation technologies. Those guaranteeing safety, reliability, and scalability.
Conclusion
Vecmocon’s $18 million Series A is a big step up for India’s EV intelligence ecosystem. By emphasizing native innovation, strong engineering, and international ambitions. Vecmocon will be at the forefront of the future of sustainable mobility. Not just in India but on the global map as well.
