News
EV Charging Startup Exponent Energy Nets "200 Cr To Accelerate R&D
13+ hour, 13+ min ago (377+ words) Exponent Energy has raised a "200 Cr funding round co-led by 360 ONE Asset and TDK Ventures, with all existing investors also participating Hitachi Ventures has also come on board, making its first investment in an Indian company Exponent plans to use…...
Vin Fast's EV Ride Hailing Business Green SM Enters India
4+ day, 21+ hour ago (721+ words) Vin Fast parent Vingroup-owned electric mobility arm Green SM has entered the Indian market with the launch of Green SM Limo, an electric cab service, in Delhi NCR today. The electric cab service was launched by Vin Group's chairman Pham…...
E2 W Registrations Rebound 8. 4% Mo M In May, Ola Electric Sees Over 22% Jump
1+ week, 1+ day ago (899+ words) Market leader TVS Motor retained the top spot in the E2 W market with 42, 376 units registered last month, while Bajaj stayed firmly at the second spot with a 13. 2% Mo M increase to 39, 104 units Hero Moto Corp also sustained its sales growth…...
Exclusive: Robotics Startup Alphadroid Raises $3. 8 Mn From Alkemi, Others
1+ mon, 3+ day ago (409+ words) The funding round is led by Alkemi Growth Capital, with participation from Shree Vasu Logistics Limited (SVLL) and a host of undisclosed HNIs Founded in 2023 by Sanjeev Kumar and incubated at IIIT Lucknow, Alphadroid is building integrated automation systems combining…...
Cars24 Cofounder Gajendra Jangid Steps Down Amid Top Level Exits
1+ mon, 1+ week ago (334+ words) In March, its India used car business CEO Himanshu Ratnoo will be stepping down from the company Used car marketplace Cars24 cofounder and chief marketing officer (CMO) Gajendra Jangid has resigned from executive role to an advisory position with the firm....
Simple Energy " Total Funding, Funding Over Time, Funding By Rounds and More.
2+ mon, 4+ hour ago (69+ words) Founded in 2019, Simple Energy is a 2 wheeler EV manufacturer. The soonicorn launched with the Simple One and later expanded its two-wheeler portfolio. In 2024, it raised $20 million to scale production and enter new markets. With a revenue of Rs 9. 68 Cr in…...
Delhi EV Policy 2. 0 Draft: No Road Tax For Cars Up To "30 Lakh, Ban On Petrol 2-Wheelers
1+ mon, 4+ week ago (515+ words) The development comes amid rising air pollution concerns in the national capital The Delhi government has released the draft electric vehicle (EV) policy 2026-2030, laying out a roadmap to fast-track adoption of electric mobility in the capital, backed by incentives, regulatory…...
Karnataka Scraps Tax Breaks For EVs, Two-Wheelers Exempted
1+ mon, 4+ week ago (218+ words) The Karnataka Motor Vehicles Taxation (Amendment) Act, 2026 will affect EVs like cars, jeeps, buses and other private vehicles Under the tax structure, the lifetime tax structure will be determined by the cost of the vehicle at the time of purchase…...
EV Financing & Asset Management Startup Astranova Mobility Raises "60 Cr
2+ mon, 1+ day ago (456+ words) The funding round was led by Ivy Cap Ventures, with participation from Trucks Venture Capital, Asian Development Bank and Advantedge Founders In January 2024, the startup secured "25 Cr in its seed funding round, of which "16 Cr was equity funding and the…...
Commercial EV Maker Euler Motors Nets "437 Cr To Expand Product Portfolio
2+ mon, 2+ week ago (477+ words) Euler Motors has raised "437. 5 Cr ($47 Mn) in a Series E funding round led by new investor Lightrock, with participation from existing investors Hero Moto Corp and Blume Ventures The startup claims to be the second-largest player in India's electric four-wheeler…...