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Research and Development

Omega Seiki Mobility Raises ₹50 Crore to Expand EV Manufacturing, R&D and Dealer Network

by
Dr. Uday Narang

New Delhi: Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 crore in a fresh funding round from a group of investors, including Securocorp Securities India, Sangeeta Pareekh, the Saket Aggarwal Family Office, and Vanshika Sharma. The company plans to utilize the capital to strengthen its manufacturing capabilities, expand research and development, and … Read more

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

by
Ather Energy

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more