Africa's Markets, Startups & Money Moves — Updated Daily

Ultraviolette X-47 Venom Electric Motorcycle Launched at Rs 2.65 Lakh; Built on New 100V VX-100 Platform

Bengaluru-based electric mobility startup Ultraviolette Automotive has launched the X-47 Venom electric motorcycle alongside a new 100V VX-100 platform. The motorcycle is priced at Rs 2.65 lakh under an introductory offer, with deliveries scheduled to begin in November 2026.

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Semiconductor Startup Frore Systems Raises a $143 Million Series D

Semiconductor startup Frore Systems has raised a $143 million Series D, led by MVP Ventures, at $1.64 billion valuation, the company announced on Monday.

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