kWh Bikes raises $2 million in seed funding from LetsVenture, others Bengaluru: Electric scooters startup kWh Bikes has raised $2 million in a seed round led by LetsVenture, and participation from Better Capital and Cloud Capital. The round also saw participation from Renu Satti (ex-CEO, Paytm Payments Bank), Vijay Shekhar Sharma (CEO, Paytm), Rajiv Nazareth
This newly established fund by Paytm CEO Vijay Shekhar Sharma is dedicated to investing in Indian startups focusing on Artificial Intelligence and Electric Vehicles (EV).