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BluSmart concludes Series A with corpus of $50 mn after current round

TMT

24 May, 2022

BluSmart concludes Series A with corpus of $50 mn after current round

BLU Smart Mobility Pvt. Ltd, which operates electric taxi-hailing platform, BluSmart raised $25 million in an extended Series...

Tesla puts India plans on hold, sources say

Manufacturing

13 May, 2022

Tesla puts India plans on hold, sources say

Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and ......

MoEVing racks up additional $5 mn in seed round

TMT

11 May, 2022

MoEVing racks up additional $5 mn in seed round

MoEVing Urban Technologies Pvt. Ltd, which operates electric mobility technology platform, MoEVing Wednesday said it has secured...

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Mid-stage investor Fundamentum plans bets on Web3, EV from new fund

Finance

09 May, 2022

Mid-stage investor Fundamentum plans bets on Web3, EV from new fund

Fundamentum Partnership, floated by Infosys co-founder Nandan Nilekani and Helion Ventures co-founder Sanjeev Aggarwal, is...

M&M may demerge auto business into 3 units – report

Manufacturing

06 May, 2022

M&M may demerge auto business into 3 units – report

In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate its automotive business...

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Inside Stellaris Venture Partners' EV strategy

TMT

18 April, 2022

Inside Stellaris Venture Partners' EV strategy

Stellaris Venture Partners plans to make at least one investment in the electric vehicle (EV) sector every year over the ......

India's Tata Motors plans longer range EVs in 2 years with new design

Manufacturing

06 April, 2022

India's Tata Motors plans longer range EVs in 2 years with new design

India's Tata Motors said it plans to launch electric vehicles (EVs), including SUVs, using a new design which will allow ......

Venture debt firm BlackSoil bets on three startups

TMT

24 March, 2022

Venture debt firm BlackSoil bets on three startups

Venture debt and alternative credit platform BlackSoil Capital on Thursday said it has invested growth capital of over $4.5 million...

Japan's Suzuki to invest $1.4 bn for EVs at India factory

Manufacturing

21 March, 2022

Japan's Suzuki to invest $1.4 bn for EVs at India factory

Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce electric vehicles (EVs) and...

Ola teases 4-wheeler EV concept day after raising $200 million

Manufacturing

25 January, 2022

Ola teases 4-wheeler EV concept day after raising $200 million

Ola Electric co-founder and chief executive, Bhavish Aggarwal, on Tuesday posted the first official image of its electric vehicle...

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