3ev Industries bags INR 120Cr in Series A to fuel EV manufacturing & innovation for last-mile mobility

3ev Industries, a Bengaluru-based EV maker, raised ₹120 crore in Series A funding led by Mahanagar Gas , with Equentis Angel Fund, Bestvantage Investments, and Thackersey Group. The funds will expand manufacturing, launch its 3C division, and boost R&D in regenerative braking and solar EV tech. Co-founded by Peter Hartmut and CG Krishna Bhupathi, it targets affordable mobility with integrated BaaS and financing.