TDK Corporation’s venture capital arm, TDK Ventures, has invested USD 21 million in Bangalore-based Ultraviolette, a leader in high-performance electric motorcycles.

The funding supports the push toward sustainable mobility in India, where electric scooters have reached 18 percent market penetration, but motorcycles remain below 0.1 percent. Industry projections value this segment at over USD 50 billion within a decade. Ultraviolette’s proprietary software powers both motorcycles and scooters, targeting India’s 20 million-unit two-wheeler market and expanding globally, with sales already in 10 EU countries.

“TDK Ventures believes in empowering visionary companies… Ultraviolette exemplifies this,” said Nicolas Sauvage, President, TDK Ventures. The company boasts a patented five-level battery safety system, a plant capable of 1,00,000 units annually, and record-setting performance, including the 258 km/h F99 Factory Racing Platform. Models range from USD $2,000–$10,000, with expansion planned to 100 Indian cities by year-end.