India, June 6 -- EV intelligence startup Vecmocon Technologies is set to raise INR 74 Cr (around $8.7 Mn) in a funding round led by Aavishkaar Capital and existing backers Ecosystem Integrity Fund (EIF) and Blume Ventures.

The round includes both primary and secondary deals. In the primary round, Vecmocon will raise INR 50.4 Cr by issuing new shares, according to its regulatory filings.

While EIF is infusing INR 21 Cr, Aavishkaar will be investing the rest.

On the secondary side, early investor Tessellate Tech Ventures is exiting fully, selling its 2.97% stake for INR 15.85 Cr. Notably, Tessellate originally invested INR 1.5 Cr, making a return of over 10X.

The development was first reported by Entrackr.

Other investors making the ex...