Bgauss Auto Private Limited has raises ₹110 crore (~$11.6 million) from a Series D fundraise led by its founder, Hemant Mahendrakumar Kabra, with participation from existing investor Bharat Value Fund and two other investors.
Khaitan & Co advised Bgauss on this fundraise.
The transaction team consisted of Bhavik Narsana (Partner), Ipshita Dey (Senior Associate), Associates Pragya Mishra and Sakshi Mehta.
Founded by Hemant Kabra in 2020, BGauss is an electric two-wheeler manufacturer, operating as a subsidiary of RR Global.
The fresh capital will be utilised for expanding manufacturing infrastructure, driving product innovation and R&D, and scaling dealership distribution networks across India.
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