India, Aug. 12 -- Bengaluru-headquartered premium electric two-wheeler company Ultraviolette Automotive has announced a strategic investment from TDK Ventures, the venture capital arm of Japan's TDK Corporation.

With this, TDK Ventures joins the likes of Qualcomm Ventures, Zoho Corporation, Speciale Invest, Lingotto (Formerly Exor Capital), and TVS Motor Company as a strategic investor in the EV company. It also counts the likes of Sriharsha Majety (Co-founder & CEO, Swiggy), Ankit Nagori (Co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and Dulquer Salmaan (renowned actor and automotive enthusiast) among its early backers.

At present, Ultraviolette sells the F77 electric...