Bharat Value Fund invests in BGauss’s growth
The ₹161 crore transaction combines new capital and shareholder sales.
BGauss announced an investment from Bharat Value Fund on January 14, 2025. The ₹161 crore transaction included primary and secondary capital; the company did not disclose the amount it would receive directly.
At the announcement, the electric scooter maker operated through 120 dealerships and had annual manufacturing capacity of 100,000 vehicles. It planned to grow the dealer network to 500 and increase production as demand developed.
Use of funds
Expand dealerships and manufacturing capacity
Develop new electric scooter products