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Eversource roping in new investors for electric mobility platform GreenCell

Infrastructure

20 October, 2023

Eversource roping in new investors for electric mobility platform GreenCell

Eversource Capital, a joint venture between private equity firm Everstone Group and solar energy project developer Lightsource bp, is looking ......

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Valuation paramount to our thesis: Early-stage VC EV2

Consumer

12 May, 2023

Valuation paramount to our thesis: Early-stage VC EV2

Mobility-focused venture capital (VC) firm EV2, which invests in early-stage EV startups in India, is nearing the final close of ......

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Yulu seeing FY24 as turnaround year, sights major expansion

TMT

29 March, 2023

Yulu seeing FY24 as turnaround year, sights major expansion

Bengaluru-based electric mobility provider, Yulu Bikes Pvt. Ltd, which has garnered interest particularly among e-commerce delivery executives in metro cities ......

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EVs at inflection point, will take off sans policy tailwinds: GEF Capital

People

27 March, 2023

EVs at inflection point, will take off sans policy tailwinds: GEF Capital

Last year saw a surge in climate technology-focused investments in the country despite a cautious investing environment, in light of ......

Ecosystem welcomes Govt's sustainability push in Budget 2023

Finance

01 February, 2023

Ecosystem welcomes Govt's sustainability push in Budget 2023

Finance minister Nirmala Sitharaman proposed a reduction in the basic customs duty for non-lithium and ion cell batteries utilized in ......

Ola Electric to introduce subscription plans

Consumer

04 January, 2023

Ola Electric to introduce subscription plans

Ola Electric, an electric automobile manufacturing company, is planning to launch service subscriptions next week. Bhavish Aggarwal, the CEO of ......

Ola Electric sells 1.5 lakh scooters in 2022

Consumer

28 December, 2022

Ola Electric sells 1.5 lakh scooters in 2022

In a year fraught with criticism for Ola Electric, the electric vehicle (EV) manufacturing arm of the ride hailing platform ......

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Ultraviolette Auto looking at exports to EU, US

Consumer

29 November, 2022

Ultraviolette Auto looking at exports to EU, US

TVS-backed electric 2-wheeler maker Ultraviolette Automotive is looking to export its products to Europe and US from the second year ......

SphitiCap makes third bet from maiden fund

TMT

16 November, 2022

SphitiCap makes third bet from maiden fund

Sector-agnostic early-stage fund SphitiCap has invested $9 million (around Rs 72 crore) in Noida-based electric mobility firm Corrit Electric as ......

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Why Hero's first e-scooter may not be off to a speedy start

Consumer

11 October, 2022

Why Hero's first e-scooter may not be off to a speedy start

Investors gave a lukewarm response to Hero MotoCorp Ltd launching its electric scooter VIDA V1 and opening bookings on 10 ......