Hyderabad-based EV startup Etrio raises $3 mn in Series A funding

Hyderabad-based electric vehicle startup Etrio has raised $3 million in Series A funding round led by Triumph Global Group Founder Janardhan Rao. A group of Singapore-based high net worth individuals also participated in the round. While the startup's three-wheeler brand, Touro is scheduled to launch in October, it is also planning on introducing its e-bike lines in the coming months.