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Climatetech shrugs 2022 funding woes, leads impact investment scenario

General

27 March, 2023

Climatetech shrugs 2022 funding woes, leads impact investment scenario

Investment in homegrown climatetech companies surged to a record level in 2022 as investors accelerated their interests towards the sector’s ......

Multiples PE backs Murugappa group's TI Clean Mobility in maiden EV bet

Manufacturing

25 February, 2023

Multiples PE backs Murugappa group's TI Clean Mobility in maiden EV bet

Multiples Alternate Asset Management and its co-investors are investing up to Rs 1,200 crore ($144.7 million) in Murugappa group company TI ......

Ixigo invests in e-bus startup FreshBus

Finance

16 February, 2023

Ixigo invests in e-bus startup FreshBus

Online travel aggregator Ixigo has invested Rs 26 crore (around $3.1 million) in Bengaluru-based electric bus startup FreshBus for the ......

Turno raises $13.8 mn from B Capital, Quona, others

TMT

09 February, 2023

Turno raises $13.8 mn from B Capital, Quona, others

Commercial electric vehicle startup Turno on Thursday said it has secured Series A funding of $13.8 million (around Rs 112 ......

EV maker Simple Energy raises $20 mn in bridge round

TMT

07 February, 2023

EV maker Simple Energy raises $20 mn in bridge round

Electric vehicle maker Simple Energy, on Tuesday said it has secured over $20 million in an ongoing bridge funding round. The ......

Ola says recent EV incident was a high impact road mishap

Consumer

25 January, 2023

Ola says recent EV incident was a high impact road mishap

Days after an Ola scooter woman rider had sustained injuries due to an alleged faulty front suspension, the electric vehicle ......

Blue Ashva, Capital A invest in EV component maker Entuple

TMT

12 January, 2023

Blue Ashva, Capital A invest in EV component maker Entuple

Electric vehicle component maker Entuple E-Mobility has raised $3 million (around Rs 24.5 crore) in a pre-series A funding round ......

Ola set to launch EV cab services

Consumer

05 January, 2023

Ola set to launch EV cab services

Cab aggregator Ola Cabs, run by ANI Technologies Pvt Ltd, is set to launch its first fleet of electric vehicles ......

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 ......