2018-05-07
Anthill Ventures invests in Swedish electric car

Investment firm Anthill Ventures has invested in Swedish urban mobility electric car start-up Uniti.

“We would like to help them enter and scale in India and South-East Asia. Mobility in future cities will see significant change, we believe that Uniti can be a part of this change,” said Prasad Vanga, Founder and CEO, Anthill Ventures.

“This investment will bring in awareness and opportunity for consumers to experience an electric car that is safe, agile and suitable for the local roads,” he said. Uniti is an L7e vehicle with five-seat option in India at a starting price of ₹7.5 lakh. “With our experienced footprint in the Indian and South-East Asian market, we aim to introduce this affordable smart utility to our community,” he said.

Source- The Hindu Business Line