Bengaluru, Aug. 12 -- Japanese deep-tech investor TDK Ventures, the corporate venture capital arm of TDK Corporation, has invested in Bengaluru-based Ultraviolette Automotive to accelerate the electrification of two-wheelers and advance innovation in battery technologies. The latest $21 million funding round saw strategic participation from TDK Ventures alongside strong continued backing from existing investors Zoho Corporation and Lingotto (formerly Exor Capital), as well as other leading institutional investors. Ultraviolette, known for its flagship electric motorcycle F77, plans to expand its retail footprint from the current 20 cities to over 100 across India. The F77 is the first Indian electric two-wheeler to receive European certific...