| Date | Title | Description |
| 23.08.2024 | The Electric Rollercoaster: Ola Electric's Market Struggles Amid Subsidy Uncertainty | The electric vehicle (EV) market in India is a thrilling ride, full of ups and downs. Ola Electric, once the undisputed champion of electric scooters, is now facing a steep decline. In just two months, its market share plummeted from 39% in... |
| 23.08.2024 | Kinetic Green Changes ‘Zulu’ Bike Name Slightly In Settlement With Yulu In India | Earlier this year, we discussed a trademark infringement suit in India between two eBike companies. One was Yulu, which operates the kind of eBike rental stations you can find in all kinds of cities throughout the world. The other was Kinet... |
| 20.08.2024 | With no headwind on FAME-III, EV manufacturers concerned on festive sales post EMPS expiry on September 30 | With Electric Mobility Promotion Scheme (EMPS) expiring on September 30, electric two/three-wheeler manufacturers are concerned with no progress or announcement of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-III) scheme... |
| 13.08.2024 | Kinetic Green Partners with US for Africa Market & New Products
BEML Plans to Export Vande Bharat Metro Trains
Metro Depot for Driverless Trains Planned in Chennai
Major Cement Companies Report Vo... | ECONOMY & POLICY Kinetic Green Partners with US for Africa Market & New Products
13 Aug 2024 4 Min Read CW Team
Collaboration is increasingly becoming central in the automotive industry. A recent example of this trend is EV maker Ki... |
| 13.08.2024 | Kinetic Green Secures $25 Million Investment from GPC
Union Bank to Auction Rs.Rs.2,316 Crore NPAs on August 23
Ministry of Coal Expands MDO Initiative to Boost Production
India's Electric Mobility Ma... | ECONOMY & POLICY Kinetic Green Secures $25 Million Investment from GPC
13 Aug 2024 2 Min Read CW Team
Electric vehicle (EV) manufacturer Kinetic Green secured an investment of Rs 2.09 billion from private equity firm Greater Pacific Cap... |
| 12.08.2024 | India Digest: Kinetic Green raises $25m; Somerset Indus hits first close of third PE fund | Electric vehicle maker Kinetic Green has raised $25 million from PE firm Greater Pacific Capital in its Series A round of funding. Separately, healthcare-focused private equity firm Somerset Indus Capital Partners, which is an investor in c... |
| 12.08.2024 | Kinetic Green Raises USD25 Million from Greater Pacific Capital The company intends to utilize the funds towards scaling up production at its manufacturing facility in Supa (Maharashtra), marketing an... | Kinetic Green, a manufacturer of Electric Vehicles has secured a USD25 million investment from Greater Pacific Capital as part of an overall targeted Series A fundraise of up to USD40 million.
This is the first external equity fundraise by ... |
| 12.08.2024 | EV maker Kinetic Green raises $25 mn as part of larger Series A round | Kinetic Green, electric vehicle arm of the Kinetic Group that manufactured Luna, a moped vehicle popular in the 1970s, has raised $25 million in capital from global private equity firm Greater Pacific Capital (GPC) in its first external rou... |
| 05.08.2024 | Kinetic Green raised $20 M debt and equity funding from Greater Pacific Capital | Greater Pacific Capital has contributed Rs 168 crore, or $20 million, in debt and equity to Kinetic Green, the Kinetic group’s EV-making division. This is the Pune-based company’s first investment round for 2024.
According to Kinetic Green’... |
| 04.08.2024 | Riding the Wave: Rapido's Ascent to Unicorn Status and the Future of Indian Startups | In the bustling landscape of Indian startups, a new unicorn has emerged. Rapido, a bike taxi aggregator, recently secured $120 million in funding, catapulting its valuation to over $1 billion. This milestone is not just a feather in Rapido'... |
| 03.08.2024 | The Best Startup Funding This Week: July 27–Aug 2 Here is a list of the startups that have raised the most money this week, from July 27 to Aug 2. | Rapido: Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and SR Rishikesh, Bengaluru's Rapido is a ride-hailing service offering bike taxis, auto rickshaws, cabs, parcel delivery, and third-party logistics, catering to diverse transporta... |
| 02.08.2024 | [Weekly funding roundup July 27- Aug 2] Sharp rise in VC inflow
Recommended Stories For You | August has brought with it a cheer in the venture capital ecosystem.
The first week of the month saw venture capital funding touching $332 million across 22 deals. In comparison, the previous week saw only $71 million coming in. The startup... |
| 02.08.2024 | Deals in brief: Thailand’s APX Solutions snags fresh funding, MUFG invests in USD 393 million in Mynt, Canva acquires Leonardo AI, and more | Thailand’s APX Solutions snags funding from SBI Ven Capital for Vietnam expansion
APX Solutions, a logistics technology company based in Thailand, has secured an undisclosed amount in fresh investment from Japan’s SBI Ven Capital. The inves... |
| 02.08.2024 | Kinetic Green Secures USD 20 Mn Funding From Greater Pacific Capital The capital infusion will be directed towards repaying existing debt, settling overdue amounts, and funding capital expenditures, a... | Kinetic Green, the Pune-based electric vehicle (EV) manufacturer, has raised INR 168 crore (USD 20 million) in its maiden investment round of 2024, led by Greater Pacific Capital.
The investment comprises INR 101 crore in the form of 10,100... |
| 01.08.2024 | Kinetic Green raises Rs 168 Cr from Greater Pacific Capital
Recommended Stories For You | Kinetic Green, an electric vehicle (EV) manufacturer, raised Rs 168 crore in equity and debt from London-based private equity fund Greater Pacific Capital, a filing from the Ministry of Corporate Affairs showed.
The E-Luna maker raised Rs 6... |
| 24.07.2024 | Pushing for India's Electric Dream Kinetic Green boasts of being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their elect... | Launched back in 1972 by Kinetic Group, Luna became synonymous with middle class India's picture of transitioning from cycles to motorcycles. Since then, Kinetic has brought scooters,3 wheelers, and golf carts to its catalog. In 2024, it re... |
| 18.07.2024 | Kinetic Green CEO urges govt for continued support to achieve EV penetration of 30% by 2030 | As the Government gets ready to present the Budget, Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, has emphasised the need for substantial measures to meet the ambitious target of increasing electric vehicle (EV) penetration fro... |
| 31.05.2024 | India's First Electric Vehicle Index Launched The new index is expected to act as a benchmark for asset managers and be a reference index tracked by passive funds in the form of Exchange Traded Funds ... | - |
| 30.05.2024 | Euler Motors Raises INR 200 Crore in Series C Funding Round | Euler Motors, a commercial electric vehicle manufacturer, has secured an additional INR 200 crore in its Series C funding round. The funding was led by Piramal Alternatives India Access Fund, along with existing investors British Internatio... |
| 29.05.2024 | EV incentive scheme FAME 3 to roll out with Rs 10,000 crore outlay | - |
| 29.05.2024 | Euler Motors raises $24 Mn led by Piramal Alternatives | Commercial electric vehicle manufacturer Euler Motors has raised Rs 200 crore ($24 million) more in Series C round led by new investor Piramal Alternatives India Access Fund. Existing investors British International Investment and Blume V... |
| 01.05.2024 | Over 90% of fund gets used before FAME deadline; supports 1.5 mn vehicles | - |
| 23.04.2024 | MMTC-PAMP Recognised as India's Most Trusted Brand of the Nation at The Brand Story-Indian Brand and Leadership Conclave & Awards, 2024 | New Delhi, Delhi, India
MMTC-PAMP, India's only London Bullion Market Association (LBMA) Accredited Good Delivery Gold & Silver refinery has been awarded the ‘Most Trusted Brand of the Nation’ at the The Brand Story-Indian Brand and Lea... |