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Tummoc Raises Funding from Finvolve and India Accelerator to Digitize Urban Mobility in India and Beyond

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Tummoc, India’s only patented transit-tech startup, has raised additional capital in its ongoing pre-Series A funding round, with fresh investment from Finvolve, a multi-stage VC fund, and India Accelerator. While the recent funding amount remains undisclosed, Tummoc has now secured a total of $1.6 million from investors including IPV, The Chennai Angels, and prominent angel … Read more

Fabric Secures $13.5 Million Series A Funding to Accelerate EV Data and Energy Solutions in India

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Fabric EV funding

Fabric, a leading data solutions provider for the electric vehicle (EV) and automotive sector, has raised $13.5 million in Series A funding from Nuveen, a global asset manager. This strategic investment aims to propel the adoption of smart, sustainable transportation solutions across India. The funding comes through Nuveen’s Private Equity Impact strategy, which focuses on … Read more

Minda Corporation Partners with Flash Electronics to Create India’s Fastest-Growing EV Platform

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Minda

Minda Corporation Ltd, the flagship company of the Spark Minda Group, has joined forces with Flash Electronics to establish what is being heralded as India’s fastest-growing electric vehicle (EV) platform. This strategic partnership leverages Minda Corporation’s strength in automotive body electronics and Flash Electronics’ expertise in engine and powertrain technologies, positioning both companies as key … Read more

Oben Electric Secures ₹50 Crores in Series A Funding to Lead India’s Electric Motorcycle Revolution

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OBEN Electric Founder

Oben Electric, India’s pioneering electric motorcycle manufacturer, has successfully raised ₹50 crores in its Series A funding round. This milestone funding round included investments from prominent entities such as Ambis Holding US, Kuberan Ventures, Karimjee Group (Africa), Mission Vertical (US-based VC), the Sanjeev Saraf (Polyplex) Family Office, the Pravek Kalp Family Office, and existing investors. … Read more

Wardwizard Innovations & Mobility Limited signs Strategic MoU with C4V

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Wardwizard Innovations & Mobility Limited, a leading manufacturer of electric vehicles under the brands Joy e-bike and Joy e-rik, has signed a Memorandum of Understanding (MoU) with C4V, a New York-based pioneer in lithium-ion battery technology. This strategic collaboration represents a significant step toward advancing battery technology and supporting India’s green mobility vision. Driving Innovation … Read more

Noida International Airport Partners with Mahindra Logistics to Offer All-Electric Taxi Services

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In a significant step toward sustainable transportation, Noida International Airport (NIA) has announced a partnership with Mahindra Logistics to provide 100% electric taxi services for passengers. Under this collaboration, Mahindra Logistics will operate an all-electric fleet, ensuring an eco-friendly travel experience for passengers flying to and from the airport. Convenient Booking Options Passengers will have … Read more

Greenie Energy Raises $600,000 in Seed Funding to Revolutionize EV Charging Across India

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Greenie Energy, a pioneering start-up in the EV charging technology space, has successfully raised $600,000 (₹5 crore) in seed funding. The round was led by Rajesh Advani, Managing Director of Sun-N-Sand Hotels, with additional backing from AIC Pinnacle Entrepreneurship Forum, Ashwin Ramesh (Co-Founder, Primary Advisors), and Rajaram Ajgaonkar (R M Ajgaonkar and Associates, Chartered Accountants). … Read more

Hyundai Motor India to Expand EV Charging Network with 600 Fast Chargers by 2031

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Hyundai Motor India Ltd. (HMIL), the Indian subsidiary of the Korean automotive giant, has announced a significant expansion of its electric vehicle (EV) infrastructure. The company plans to install around 600 DC fast public EV chargers across India over the next seven years, with a primary focus on key highways and major cities. This ambitious … Read more

Delta to Provide Made-in-India High-efficiency Rectifiers to ThunderPlus for its Fast Chargers for Low Voltage 2W and 3W EVs

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Delta Electronics India has announced a strategic partnership with ThunderPlus, a leading provider of electric vehicle (EV) charging solutions, to enhance India’s EV charging infrastructure. The Memorandum of Understanding (MOU) will see Delta supplying high-efficiency 4kW rectifier modules, manufactured at its Krishnagiri facility in Tamil Nadu, for ThunderPlus’ fast chargers designed specifically for two-wheeler (2W) … Read more

Alt Mobility raises Rs 83 crores in series A Funding

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Alt Mobility, a leading commercial electric vehicle (EV) leasing and asset management company, has secured ₹83 crore in a Series A funding round led by Eurazeo, a prominent European venture capital and private equity firm. Existing investors, including Shell Ventures, Twynam Earth Fund, and EV2 Ventures, also participated in this funding round. Expanding Fleet and … Read more

Wardwizard Innovations signs MoU with Ampvolts to expand EV charging infrastructure

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Wardwizard Innovations & Mobility Limited, a leading Indian electric vehicle manufacturer under the brands Joy e-bike and Joy e-rik, has signed a Memorandum of Understanding (MoU) with Ampvolts Limited (formerly Quest Softech). This strategic collaboration aims to strengthen green mobility solutions by developing a robust EV charging infrastructure in India and beyond. Accelerating Green Mobility … Read more

NSE Indices launches India’s first Electric Vehicle Index

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NSE’s index services subsidiary, NSE Indices Limited today launched a new thematic index – Nifty EV & New Age Automotive index. The Nifty EV & New Age Automotive index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles … Read more

Lectrix EV Partners With FuturElectra To Advance Electric Mobility

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Lectrix EV, a prominent player in the electric vehicle (EV) industry, has entered into a strategic partnership with FuturElectra, an innovative force in the electric mobility sector. This collaboration marks a significant milestone in the quest for a sustainable and accessible future for mobility in India. FuturElectra is dedicated to transforming the electric mobility landscape, … Read more

Relux Electric Secures 250 Cr Funding for Highway Hyper Charging Expansion in South India

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Relux Electric, India’s fastest growing EV charging infrastructure provider, has secured Rs. 250 crore of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hyper charging stations in the highways of South India. The company will utilise the fund to create 20 new hyper charging … Read more

Mahendra Singh Dhoni Invests in EMotorad

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Pune-based EV startup EMotorad recently forged a significant partnership with cricket legend and former Indian Captain Mahendra Singh Dhoni. His strategic investment will entail equity ownership in EMotorad alongside his new role as the company’s brand endorser Expressing his enthusiasm for this collaboration, Dhoni said, “The future is in our hands. We are in an … Read more

Servotech EV Infra named Prem Prakash as CEO and Neeraj Gupta as AVP Operations

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Servotech EV Infra, a leading player in the EV charging infrastructure sector and a subsidiary of India’s leading EV charger and solar products manufacturer, Servotech Power Systems Ltd., proudly announces the appointment of Prem Prakash as its Chief Executive Officer (CEO) and Neeraj Gupta as its AVP Operations. Prem Prakash, with a career spanning 22 … Read more