Ather-energy-logo
Posted in Automobile

Hero MotoCorp Boosts Stake in Ather Energy, Invests Rs 140 Crore

by SA TeamPosted on

Three points you will get to know in this article: Hero MotoCorp has successfully secured an extra 3% ownership in the dynamic electric vehicle enterprise, Ather Energy, by investing a noteworthy sum of Rs 140 crore (equivalent to approximately $16.8 million). As disclosed in official regulatory documents, this strategic investment involves the acquisition of supplementary shares from Ather’s current stakeholders.…

ola logo
Posted in Automobile

Ola Dominates 2-Wheeler EV Space with 85K+ Registrations in November

by SA TeamPosted on

Three points you will get to know in this article: In the exhilarating month of November, registrations for electric two-wheelers maintained their stride, experiencing a notable 14% month-on-month surge. This propelled them beyond the impressive milestone of 85,000 units, fueled by robust demand for leading electric vehicle (EV) manufacturers amid the festive season festivities. According to the latest insights from…

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Posted in AutomobileBusiness

Seafund Ventures into EV and Clean Mobility: Backs Five Deeptech Startups

by SA TeamPosted on

Three points you will get to know in this article: Seafund, a budding venture capital enterprise in its early stages, is in the process of raising its second fund, aiming for a substantial corpus of INR 250 Crores. The firm has recently thrown its support behind five innovative deeptech startups, channeling a total investment of INR 5 Crores into these…

EV Startups
Posted in AutomobileBusiness

Early-Stage Funding Secured by EV Startups Raptee, Nikol EV, and SaaS Platform Data Sutram

by SA TeamPosted on

Three points you will get to know in this article: Three innovative electric mobility startups, namely Raptee, Nikol EV, and the B2B software-as-a-service (SaaS) venture Data Sutram, have successfully secured early-stage funding. This announcement was made by the companies on a Tuesday. Raptee Raptee, a prominent electric motorcycle manufacturer, has triumphantly raised $3 million (equivalent to Rs 25 crore) in…

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