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
TELO Trucks, maker of the first electric mini truck designed for U.S. cities, has announced the close of its oversubscribed $20 million Series A funding round. The round was led by Yves Behar, legendary designer and co-founder of TELO Trucks, along with Marc Tarpenning, co-founder of Tesla and Venture Partner at Spero Ventures. Additional backers … Read more
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
