Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offerings.

Bengaluru-based Saveo Healthtech Pvt Ltd, which operates a business-to-business e-commerce platform focused on pharmacies, has secured $4.5 million (around Rs 35 crore) in a fresh funding round co-led by Matrix Partners, Gunosy Capital and 4point0 Health Ventures.

- GoComet announced the closing of a $7 Million Series A funding led by Rider Global and Atlas Ventures, with participation from Jetty Ventures, Rebright Partners, Leo Capital, and Krishna Capital, a US-based fund.

- Series A presents a massive growth opportunity for GoComet to expand their customer base in the US and Europe; this round brings the total company funding to about $9.5 Million.

Advantage Club, an AI-enabled platform for driving employee engagement, will use the funding from Y Combinator and others to expand operations globally and continue investing in AI and machine learning to improve product offerings.

Yumlane, which originally was set up as a packaged consumer food brand, offering hot snacks and meals such as momo and pizzas across retail points, has now pivoted to a cloud kitchen business.

Mumbai-based QwikPik Technology Pvt. Ltd, which operates cloud kitchen platform Yumlane, said on Monday it has raised $1 million (Rs 7.52 crore at current exchange rates) in a new funding round.

The company has also established a network of 100-plus charging infrastructure in Delhi-National Capital Region for charging over 200 electric vehicles at any point.

This is the first of its kind funding in the EV space during the covid-19 period, and will help the company to expedite its product and technology as well as scale its network of charging and service stations across India.