Shivani Tiwary for Zee Business reports in recent years, the EV industry has evolved dramatically. Launched at a very high initial cost and low battery range, EV vehicles addressed all major gaps to solve environmental concerns.
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BW Online Bureau reports Venture debt firm, BlackSoil infuses USD 5 million in three startups namely, Battery Smart, Upmove Capital and Revfin. These impactful companies have shown tremendous growth in their segments and are backed by experienced management and marquee investors.
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Economic Times EnergyWorld reports the company said in a statement it is targeting financing of two million electric vehicles in five years as it aims to reach new states with footprints in 50 cities and targets adding 10,000 new customers.
Exchange4media reports with Truecaller Business Solutions, BluSmart has increased its calling efficiency to 82%, making communication more seamless.
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Shrabona Ghosh for Entrepreneur India reports BluSmart, the fully-electric ride-hailing and EV charging platform, has launched two industry-first products: zero ride-denial and zero-surge policy.
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Chetan Thathoo for Inc42 reports the applications of BluSmart and Bounce have been cleared and will soon be granted licences. The application of a third company is in the final stage.
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Mayank Dhingra for Autocar Professional reports Gurugam-based battery swapping start-up Battery Smart is leveraging existing infrastructure by virtue of its lean, partner-led business model.
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Sindhu Kashyaap for YourStory reports Instead of operating like a ride aggregator, BluSmart leases, owns, and operates EVs, thus removing the burden of asset ownership from drivers. The startup's ride-hailing service is available in Delhi-NCR and Bengaluru.
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Mukul Yudhveer Singh for Mobility Outlook reports EMotorad is investing $3.5 million in expanding its E-cycles manufacturing capacity in India.
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BL Pune Bureau reports nine Dutch companies were a part of the horticultural trade mission to understand the Indian fresh food sector and new consumer demand and supply trends.
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Ayshwaria Lakshmi for YourStory reports there are more electric vehicles (EVs) on Indian roads than ever before. However, EVs don’t come cheap, with four-seaters starting from Rs 8.5 lakh. This is the gap EV financing platform Revfin wants to bridge by providing EV digital lending options.
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James Davies for Food Ingredients 1st reports Spanish dairy manufacturer Pascual has launched Mylkcubator 2.0, the second edition of their investment program, which aims to push the envelope of animal-free milk R&D based on cell-based and precision fermentation technologies.
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TOI spoke with Pulkit Khurana, co-founder of Battery Smart to understand how the swapping market has been shaping up and what kind of a future does he see unfolding with the government proposing to promote the swapping of batteries with new policies and subsidies.
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Ayshwaria Lakshmi for YourStory reports according to KPMG, the Indian bicycle market size was pegged at $1.3 billion and is expected to grow to $3.51 billion by 2030, with e-bikes accounting for the strongest growth.
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The competition will be a part of the Cornell EMI Conference being held on November 4th at the Verizon Executive Education Center at Cornell Tech. This is the second consecutive year that Sandiip will be a member on the panel of judges.
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The world is dealing with major natural disasters these days, global warming being the major issue. Vehicular pollution being the major cause of global warming, clean mobility can be the key player. Electric Vehicles are the new future and e-bikes will be the most used transportation leading to the gradual reduction of automotive pollution. Here are the top players contributing to the green revolution.
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Surishty Kumari discovers the best Electric Cycle in India (October 2022): Do you want a great riding experience with your electric cycle and thinking to buy? then you should consider these latest collections of electric bikes from brands like Hero, EMotorad, and many more. take a look!
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Pooja Malik reports the startup aims to use the fresh funds to accelerate business growth, hire top industry talent, and scale the business. It also plans to integrate advanced technology to transform the way consumers view cycling.
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The e-bike company, which has a manufacturing facility in Pune, claims it has sold over 35,000 units since its inception in 2020.
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Tapanjana Rudra for Inc42 reports the Pre-Series A funding round was led by Green Frontier Capital (GFC), LetsVenture, And Ivy Growth associates. EMotorad plans to build a layer of tech on top of its existing ebike to enable its users to have access to a platform that focuses on health and community benefits.
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