Yamaha Motors leads funding in EV startup Electriq

Electric two-wheeler startup Electriq has secured an undisclosed investment from Yamaha Motors’ subsidiary Moto Business Service India (MBSI). It is the 14th investment made by MBSI this year (2022). Prior to this, MBSI infused money in Royal Brothers-India’s bike rental business, two-wheeler rental startup Rentelo, electric startup Malbork, ride-hailing startup Rapido, among others.