Electric mobility startup Trevel has secured $1 million in a funding round co-led by India Accelerator, Finvolve, the Haldiram Family Office, and Rohit Qamra, as the company looks to strengthen its position in India’s fast-growing electric mobility sector. The funding round also saw participation from RMRN Ventures, BP Jain Holdings, Bipin Preet Singh, Aakash Goyal, … Read more
Bengaluru-based electric vehicle startup Simple Energy has secured ₹250 crore (approximately $26.3 million) in a fresh funding round as the company accelerates its manufacturing expansion and prepares for a future public listing. The funding round comprised a mix of equity investment and debt financing, providing the electric scooter manufacturer with additional capital to scale production, … Read more
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
Greaves Cotton Limited, one of India’s leading diversified engineering companies, showcased its EV might at the ongoing Auto Expo 2023 in Greater Noida today. The Company unveiled its new, Made in India product offerings across two-wheelers and three-wheelers including the game changing e2w-Ampere Primus. Significantly, Greaves Cotton announced it will leverage its decades of engineering … Read more
MoEVing, India’s largest commercial electric mobility tech platform, raised $2.5 million from JSW Ventures. The funds raised by the Company will be primarily used to further strengthen its electric mobility platform for driver partners across India. It will also use a portion of the capital raised to support its expansion across multiple cities in India … Read more
