pi Ventures invests in Moonrider, a company revolutionizing agriculture with electric tractors designed for cost efficiency and sustainability.
Target Information
The deal involves an investment in Moonrider, a pioneering deep-tech company established in 2023. Moonrider is dedicated to creating electric tractors that deliver diesel-equivalent power while significantly reducing ownership costs. Founded by Anoop and Ravi, who possess invaluable backgrounds in the automotive industry—having worked with renowned companies such as Toyota, TATA, and Volvo—the team is committed to transforming agricultural machinery to enhance profitability for farmers.
Moonrider's innovative approach involves building tractors from the ground up, incorporating advanced technologies specifically designed for agricultural applications. By avoiding retrofitting traditional diesel models, they have developed a state-of-the-art electric vehicle platform that emphasizes energy efficiency and high performance.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in India
The agricultural sector in India, a linchpin of the economy, is currently grappling with a series of challenges, notably the reliance on outdated diesel machinery that contributes to pollution
Similar Deals
Synergy Capital → GMR Group convertible bonds portfolio
2024
Rajasthan Venture Capital Fund → Wholesalebox Internet Pvt. Ltd.
2018
pi Ventures
invested in
Moonrider
in 2023
in a Other VC deal