Vecmocon raises $5.2 million from Tiger Global & Blume Ventures

Deep tech EV solutions company Vecmocon has secured $5.2 million in a pre-Series A funding round co-led by Tiger Global and Blume Ventures. The startup was co-founded in 2016 by Peeyush Asati, Shivam Wankhede and Adarshkumar Balaraman, alumni of IIT Kanpur, IIT Delhi and ISB, respectively. In 2019, Vecmocon had raised $300,000 in a seed round led by Tessellate Ventures.