The leading award in the profit and purpose space, recognizes and supports outstanding business leaders combining profit and purpose to help achieve the UN Global Goals.
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Pramugdha Mamgain for DealStreetAsia / Nikkei Asia reports India's Battery Smart is looking to raise $50 million in a Series B funding round as it aims to expand into new markets.
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LinkedIn has released its top startups 2022 list. Blusmart has been ranked as the No. 10 startup.
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Aprajeeta Tripathi for ET Brand Equity reports VCs, e-commerce giants and prominent D2C brand owners are exploring factors that would enable Indian entrepreneurs to build luxury brands for a global consumer audience, a market currently valued at 275 billion USD.
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BluSmart has the largest fleet of electric cabs and the largest network of EV fast charging stations across Delhi NCR, according to the company.
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Pranav Balakrishnan for Economic Times reports Lightspeed Venture Partners announced its maiden bet on an electric vehicle (EV) startup by leading a $13 million funding round in Bengaluru-based fast charging startup Exponent Energy on July 17.
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Lijee Philip & Saloni Shukla for Economic Times reports the government, World Bank and Small Industries Development Bank of India (SIDBI) are set to launch a $1 billion fund to provide guarantees against loan default to lenders financing purchase of electric two- and three-wheelers.
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Manoj Sharma reports that electric cab service BluSmart launches in Delhi/ NCR.
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Team Zigwheels writes the electric segment in India has grown exponentially over the past couple of years. There's more awareness around electric two-wheelers, and with the recent developments in the country's infrastructure, things are only about to get better.
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Ayshwaria Lakshmi for YourStory reports Bengaluru-based charging aggregator startup ElectricPe’s B2C app is a one-stop platform that lets users identify, access, and pay for EV charging points to make e-mobility easier.
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Samiya Saeed for Inventiva reports with non-banking financial firms experiencing a significant boost in deployments in the past 12 months, along with an exponential rise in investor interest, India’s low-cost EV financing industry is achieving greater traction.
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Bhavya Dilipkumar for Moneycontrol reports industry body data shows that in the last year, the number of EV finance players have grown from four to 13, and overall disbursements have grown 50% to Rs 1,000 crore with investments of Rs 1,000-2,000 crore including debt and equity.
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Aman Rawat reports that Investors remain buoyant on the growth potential of the Indian electric vehicle (EV) industry and add investments worth billions of dollars to tap this market….
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Sohini Mitter reports: electric mobility startup BluSmart has completed 2 million trips and covered 75 million clean kilometers on the streets of Delhi-NCR. Now, in partnership with Tata Motors and Jio-bp, it plans to expand across the country.
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Pooja Malik for YourStory reports on pune-based agritech startup Nutrifresh — which sells hydroponically-grown fruits and vegetables and controls the entire production from seed to consumer.
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Mid-Day reports: One of the leading EV start-ups, EMotorad was recognized as India’s Most Admirable Brand for manufacturing and promoting premium e-vehicles in India by the Brand Story.
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News Bureau for Energitica India report a group of financiers that are actively financing electric vehicles have come together to launch an association, EMFAI. Sameer Aggarwal, the Founder and CEO of RevFin, will serve as the founding President.
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Europe is one of the largest and fastest-growing markets for electric vehicles with an affluent customer base, which will provide EMotorad with a huge opportunity to produce electric cycles for the mass market, it said. The company said it is eying to sell some 3,000 e-bikes in the first few quarters across these five countries.
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Digital First Magazine reports Nutrifresh’s commitment to changing the way food is grown in India is truly changing the future of food — improving the quality of food and empowering women farmers.
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