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.
Read More
LinkedIn has released its top startups 2022 list. Blusmart has been ranked as the No. 10 startup.
Read More
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.
Read More
BluSmart has the largest fleet of electric cabs and the largest network of EV fast charging stations across Delhi NCR, according to the company.
Read More
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.
Read More
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.
Read More
Manoj Sharma reports that electric cab service BluSmart launches in Delhi/ NCR.
Read More
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.
Read More
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.
Read More
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.
Read More
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.
Read More
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….
Read More
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.
Read More
Erin Wong reports every day, Abhishek Thadi rides his electric scooter to work at a tech park in Bengaluru, India — at times, joyriding aimlessly. Thanks to his charger at home, he said, his trips cost a mere 25 rupees (31 U.S. cents) per 75 kilometers of road. He can speed along the airport expressway at 80 kilometers per hour, or take a trip to Mysuru, a neighboring town, charging once along the way. “The future is here,” Thadi said to Rest of World. “I was expecting that this kind of performance would be way off by many years.”
Read More
Henry Fountain writes: Failure to limit global warming to the targets set by international accords will most likely set off several climate “tipping points,” a team of scientists said on Thursday, with irreversible effects including the collapse of the Greenland and West Antarctic ice sheets, abrupt thawing of Arctic permafrost and the death of coral reefs.
Read More
Outlook reports that despite political tensions and cultural rivalry, India and Pakistan have a history of lending a helping hand when calamity strikes the other. In the face of imminent climate calamity, need for regional cooperation in South East Asia is the need of the hour.
Read More
Montek S. Ahluwalia and Utkarsh Patel advise that we could stake a claim to leadership by following up our commitments with a finely detailed action plan for the next 10 years.
Read More
BBC News reports Australia's parliament has passed legislation that will reduce carbon emissions by 43% by 2030 and to net zero by 2050. The rush to become net zero is not a trend, but a global mission.
Read More
A tax credit by way of the Inflation Reduction Act is set to revive the clean hydrogen industry, making clean hydrogen economically feasible for both existing hydrogen-using and new categories of companies.
Read More
Increasingly severe weather brought about by climate change has devastated global food systems, and will continue to do so left unanswered. Now is the time to address these critical, environmental problems.
Read More