A group of international institutional investors, comprising BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures, has provided $2 million in pre-seed investing to ProsParity. Prominent angel investors include…
Indian EV market
EVage Motors and DG Innovate have announced a joint venture (JV). This strategic alliance intends to strengthen EVage’s standing as a vertically integrated commercial EV firm and hasten the commercialization…
“India’s electric vehicle sector still lacks competition, but entry from international automakers like Tesla will level the playing field,” MG Motor India’s CEO Emeritus Rajeev Chaba said. “Competition is limited…
Ather Energy has decided to begin exporting its zero-emission e-scooters from India to neighbouring countries. The company says that now that it established a good foothold in the Indian EV…
As the Indian automotive industry embraces the electric vehicle (EV) revolution, the role of Charging Management Software (CMS) is gaining prominence. With its ability to revolutionize the charging experience, optimize…
BYD India has signed a Memorandum of Understanding (MoU) with Bajaj Finance to provide comprehensive vehicle financing solutions to BYD dealers and customers across India. The MoU was signed between…
Indian automotive giant, Tata Motors has recently delivered the first batch of 2000 Tiago.evs, marking an electrifying start to the year. The Tiago.ev has received a stupendous response from the…
EV financing platform RevFin has recently raised $10 million in Series A round in a mix of debt and equity capital. The round was led by climate-tech-focused fund Green Frontier…
EV battery swapping start-up Esmito has recently raised Rs 10 crore in a seed round led by Unicorn India Ventures. The funds raised will be deployed for the expansion of…
The boom of electric vehicle market has not dampened much even after witnessing the EV fire incidents and is expected to grow more aggressively in the next few years. India…