Okinawa raises $7 million from existing investor Dhruv Khush Business Ventures to tackle recent struggles in sales and market share.
Okinawa raises $7 million from existing investor Dhruv Khush Business Ventures to tackle recent struggles in sales and market share.
06/19/25, 8:37 AM
Location
gurgaonMoney raised
$7 million
Industry
automotive
manufacturing
Investors
Dhruv Khush Business Ventures
Electric two-wheeler firm Okinawa Autotech has secured Rs 60 crore (approx $7 million) from its existing investor Dhruv Khush Business Ventures. This funding milestone comes as the company grapples with significant declines in sales and market share. The funds will be instrumental in addressing these challenges. Okinawa is valued at around Rs 325 crore (approx
Company Info
Location
gurgaon, haryana, india
Additional Info
Okinawa Autotech is an electric two-wheeler firm based in India, founded in 2015. The company was once a top performer in the electric scooter market, launching several models including PraisePro and iPraise+. However, it has recently faced significant challenges, including a drastic drop in sales and market share, as competition intensifies in the electric vehicle sector.