| Date | Title | Description |
| 27.06.2025 | EV startup Kazam raised $6.2 M from IFC, Vertex and Avaana Capital | In addition to current investors Vertex Ventures Southeast Asia & India and Avaana Capital, the International Finance Corporation (IFC) has contributed $6.2 million in Series B funding to Kazam, an EV energy-tech platform based in Benga... |
| 24.06.2025 | Creative agency One Hand Clap Media receives investment from Nikhil Kamath | One Hand Clap Media, a creative firm established by former AIB heads Aakash Shah and Naveed Manakkodan, has received investment from Nikhil Kamath, a co-founder of Zerodha.
The deal’s conditions are still unknown.
Digital-first storytelling... |
| 22.06.2025 | Swiggy Emerges Biggest Winner In A Mixed Week For New-Age Tech Stocks, FirstCry Slumps | SUMMARY
While shares of 20 new-age tech companies declined in a range of 0.51% to over 10%, 13 companies gained in a range of 0.11% to over 10%
The market cap of these companies ended the week at $88.16 Bn, up from $87.32 Bn at the end of l... |
| 20.06.2025 | Okinawa Autotech Secures INR 60 Cr from Existing Investor Founded in 2015, Okinawa Autotech is an electric two-wheeler manufacturer with eight models, including PraisePro, iPraise+, Okhi-90, Ridge+, L... | Electric two-wheeler manufacturer Okinawa Autotech has raised INR 60 crore (approximately USD 7 million) from its existing investor, Dhruv Khush Business Ventures.
The investment comes at a crucial time as the company grapples with a sharp ... |
| 19.06.2025 | Pico Xpress, One Hand Clap secure early-stage funding | Credit: 123RF.com
Quick commerce startup Pico Xpress has secured funding from a Japanese venture capital firm, while creative agency One Hand Clap has raised funding from Nikhil Kamath, the companies said.
Pico Xpress
Japanese venture capit... |
| 18.06.2025 | Ather Energy to double retail network in India, expand service centres | - |
| 02.06.2025 | EV 2-Wheeler Registrations: TVS Retains Top Spot In May, Bajaj Zooms Past Ola Electric | SUMMARY
Electric two-wheeler (E2W) registrations grew 4% MoM and 24% YoY to 96,114 units in May
While legacy automotive players TVS Motor and Bajaj Auto recorded an increase in escooter registrations, Ola Electric and Ather Energy saw a dec... |
| 02.06.2025 | Hero MotoCorp Struggles in Scooter Market Despite Aggressive Launch Strategy Competitors continued to gain ground in the same month. Bajaj Auto reported a 73.2 per cent increase in April scooter sales... | Hero MotoCorp, one of India's top two-wheeler manufacturers, is grappling with a surprising downturn in scooter sales in FY25, even as the broader scooter segment recorded double-digit growth. According to data from the Society of Indian Au... |
| 18.05.2025 | New-Age Tech Stocks Gain $7 Bn Amid Broader Market Bull Run, Zaggle & ixigo Surge | SUMMARY
In line with the broader market bull run, all 33 new-age tech stocks under Inc42's coverage ended the week in the green, gaining in a range of 0.83% to close to 35%
Shares of cybersecurity company TAC Infosec skyrocketed to fresh hi... |
| 14.05.2025 | Hero eyes 6x EV sales leap to turn profitable by 2027 amid fierce competition | Hero MotoCorp is eyeing a more than a six-fold jump in the number of electric vehicles it sells in a month, as it looks to achieve profitability in its EV business by 2027, a top company official said on Wednesday.
India's largest two-wheel... |
| 12.05.2025 | Ather Q4: Loss Narrows 17% YoY To INR 234 Cr | SUMMARY
On a sequential basis, Ather's losses magnified 19% from INR 197.8 Cr in Q3 FY25
The EV major’s operating revenue for the quarter under review zoomed 29% YoY and 7% QoQ to INR 676.1 Cr
For the full fiscal year FY25, Ather managed to... |
| 08.05.2025 | Former Hero CEO Exits Ather’s Board On Listing Day | SUMMARY
Ather’s non-executive director and departing CEO of Hero Niranjan Kumar Gupta resigned from its board effective from May 6, the date of its listing
While Ather is yet to share Gupta's replacement on its board, Hero's chief procureme... |
| 06.05.2025 | Ather Energy Ends First Trading Session 6% Below IPO Price | SUMMARY
Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE
The shares touched an intraday low of INR 300, a decline of nearly 8% from the listing price
The company ended its first trading ses... |
| 03.05.2025 | Icra downgrades Ola Electric Technologies as sales slump | New Delhi: Credit rating agency Icra Ltd has downgraded the debt of Ola Electric Technologies Ltd—a key subsidiary of listed Ola Electric Mobility Ltd—after the company’s electric scooter sales dropped sharply in April, raising concerns abo... |
| 03.05.2025 | Ather IPO: IIT Madras To Make 40X Gains, Tiger Global To Rake In 8.3X Returns | SUMMARY
Cofounders Tarun Mehta and Swapnil Jain are set to rake in 15.2X returns by selling 9.8 Lakh shares each of Ather Energy via the OFS
IITM Incubation Cell is offloading 31,050 shares for about INR 1 Cr. The cost of acquiring these sh... |
| 02.05.2025 | Ather's IPO Receives Subdued Response, Experts Cite Overvaluation Among Concerns Retail investors led the IPO with a 1.78 times subscription, with Qualified Institutional Buyers (QIBs) at a 1.70 times... | Ather Energy's initial public offering (IPO) broke the mainboard inactivity, however, the offering's overall vitals have been fairly subdued. The IPO was fully subscribed on its final day on April 30, but investors have seemed to hold back ... |
| 29.04.2025 | Ather Energy IPO Day 2: Issue Subscribed 0.24X So Far, Retail Booked 100% | SUMMARY
Retail individual investors (RIIs) bid for 97.96 Lakh shares as against 97.34 Lakh shares reserved for them, resulting in an oversubscription of 1.01X
Earlier this month, Ather Energy filed its red herring prospectus (RHP) with SEBI... |
| 29.04.2025 | Ather IPO subscribed 28% on Day 2, Prestige and Urban Company File for Listing India's initial public offering (IPO) market is back again buzzing with activity, with the mainboard in the news with Ath... | India's initial public offering (IPO) market is back again buzzing with activity, with the mainboard in the news with Ather's offering, with Prestige and Urban Company filing papers with SEBI.
Ather IPO
The big highlight of the week has bee... |
| 28.04.2025 | Ather Energy IPO: Retail Portion Subscribed 50% On Day 1 So Far | SUMMARY
As per BSE data, retail individual investors (RIIs) had bid for 48.73 Lakh shares against 97.34 Lakh shares on offer as of 2:18 PM today
Ather’s IPO comprises a fresh issue size of INR 2,626 Cr and an offer for sale component of 1.1... |
| 26.04.2025 | The Rise of Healthy Snacking and IPO Buzz in India | In the bustling landscape of Indian startups, two narratives are emerging: the healthy snacking revolution and the IPO frenzy. Both are reshaping the market, each in its own unique way. Phab, a nutrition-led snacking brand, recently secured... |
| 26.04.2025 | Ather Energy Raises INR 1,340 Crore Ahead Of IPO Launch Axis Capital, JM Financial, Nomura Financial Advisory and Securities (India), and HSBC Securities & Capital Markets are managing the issue. ... | Electric two-wheeler manufacturer Ather Energy has secured INR 1,340 crore from anchor investors ahead of its highly anticipated initial public offering (IPO), according to a regulatory filing. The IPO, set to open for subscription on April... |
| 26.04.2025 | Ather Energy raises Rs 1,340 crore from 36 anchor investors ahead of IPO | ETAuto
Electric two-wheeler (E2W) maker Ather Energy has raised Rs 1,340 crore from anchor investors ahead of its initial public offering (IPO), which opens on April 28.
Read More News on
Ather Energy IPOAther Energy anchor investorsAther E... |
| 25.04.2025 | Ather IPO: EV Major Bags INR 1,340 Cr From Anchor Investors | SUMMARY
The company allotted 4.17 Cr shares to 36 anchor investors, including SBI, ADIA, Invesco, Franklin Templeton, Morgan Stanley, Societe Generale, among others
As many as 7 domestic mutual funds applied for the anchor round through 14 ... |
| 25.04.2025 | Ather IPO to Open Next Week, Flipkart Shifts Domicile Ahead of Possible Listing Ather's IPO marks the much-awaited action resuming on the mainboard. LG has paused plans to go public due to market cond... | Ather's IPO marks the much-awaited action resuming on the mainboard. LG has paused plans to go public due to market conditions. Flipkart is making moves, signalling a big domestic listing.
Ather IPO
The much-awaited initial public offering ... |
| 24.04.2025 | Ather Energy IPO: ₹530-crore ESOP bonanza | - |
| 23.04.2025 | Brain health startup Ivory raised $1 M from IIM-A Ventures and Capital A | IIM-A Ventures and Capital A co-led a $1 million funding round for the brain health startup Ivory. Additionally, 1Crowd, Stanford Angels, and angel investors Dr. Sanjay Arora, Adarsh Narahari, and Juhi Bhatnagar participated in the round.
T... |
| 23.04.2025 | Ather Energy Sets Price Band Of INR 304-321 For IPO | SUMMARY
Ather Energy's IPO will comprise a fresh issue of equity shares aggregating up to INR 2,626 Cr and an offer for sale of up to 1.10 Cr shares
The issue will open for subscription on April 28 and close on April 30
At the upper end of ... |
| 22.04.2025 | IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY24 | SUMMARY
The EV major has cut the size of its IPO, which will be open for public bidding from April 28 to April 30
Ather’s revenue from operations zoomed 28.32% to INR 1,578.9 Cr in the three quarters of FY25 from INR 1,230.4 Cr in the same ... |
| 22.04.2025 | Ather Energy Files RHP, Cuts IPO Size | SUMMARY
EV major Ather Energy has filed its red herring prospectus (RHP) with SEBI
The EV company has cut its IPO size amid the ongoing volatility in the equities market. Its public issue will comprise a fresh issue of up to INR 2,626 Cr an... |
| 21.04.2025 | Brain Health Startup Ivory and Construction Tech Platform MatBook Secure Fresh Funding Rounds The following startups have announced their latest funding rounds to accelerate innovation and scale opera... |
Brain Health Startup Ivory Raises USD 1 Mn Funding
Mumbai-based brain health startup Ivory has raised USD 1 million in a fresh funding round co-led by IIM-A Ventures and Capital-A. The round also saw participation from 1Crowd, Stanford Ang... |
| 17.04.2025 | EV Charging Startup IPEC Nets $3 Mn From Nikhil Kamath’s Gruhas | SUMMARY
With this infusion, IPEC aims to ramp up its manufacturing, boost presence in the power electronics space and expand globally
The startup claims to have already delivered over 1 Mn EV charging products to Ather Energy, Bajaj Auto an... |
| 17.04.2025 | EV Charging Startup IPEC Raises $3 Million from Nikhil Kamath's Gruhas to Scale Operations Founded in 2017, IPEC designs and manufactures a comprehensive suite of EV charging solutions, including priv... | Bengaluru-based electric vehicle charging startup IPEC has secured $3 million in fresh funding from Gruhas, the investment firm co-founded by Nikhil Kamath and Abhijeet Pai. The company announced the development in an official statement, ad... |
| 17.04.2025 | IPEC, Good Monk, and That Sassy Thing Secure Fresh Funding to Fuel Growth The below brands have announced their latest funding rounds, securing fresh capital to drive expansion and innovation. | EV Charging Startup IPEC Raises USD 3 Mn from Gruhas
EV charging solutions provider IPEC has raised USD 3 million in funding from Gruhas, the investment firm co-founded by Nikhil Kamath and Abhijeet Pai.
The Bengaluru-based startup will use... |
| 03.04.2025 | The Rise of India’s Start-Up Ecosystem: A New Era of IPOs and Mergers | India's start-up landscape is evolving. A wave of late-stage start-ups is preparing to go public, marking a significant shift in the country’s economic narrative. The RainGauge Private Pulse report reveals that 38 high-growth start-ups are ... |
| 02.04.2025 | Listed start-ups to contribute 4-5% of India’s market cap: Report | A growing number of late-stage start-ups are gearing up for public listings, according to The RainGauge Private Pulse report by The Rainmaker Group. The report highlights a cohort of 38 high-growth start-ups spanning consumer internet, fint... |
| 21.03.2025 | Hero MotoCorp's Bold Leap into Electric Mobility with Euler Motors Investment | In a world racing towards sustainability, Hero MotoCorp has made a significant move. The two-wheeler giant is investing INR 525 crore (around USD 60 million) in Euler Motors, a Delhi-based electric three-wheeler manufacturer. This investmen... |
| 21.03.2025 | Hero MotoCorp Invests INR 525 Cr in Euler Motors, Expands EV Presence The investment, approved by Hero MotoCorp's Board of Directors on March 20, 2025, will be executed in multiple tranches, giving th... | Hero MotoCorp, a leading two-wheeler manufacturer, has announced a strategic investment of up to INR 525 crore (approximately USD 60 million) in Delhi-based electric three-wheeler maker Euler Motors. This move signals Hero's deeper commitme... |
| 21.03.2025 | Hero MotoCorp to invest $60 mn in BII, Blume-backed Euler Motors | Hero MotoCorp Ltd, India’s biggest two-wheeler maker and the top shareholder of electric scooter maker Ather Energy, has entered the electric three-wheeler segment with a Rs 525 crore (around $60 million) investment in Euler Motors Pvt Ltd.... |
| 20.03.2025 | After Sri Lanka, Revolt Motors sets foot in Nepal | After entering Sri Lanka last year, Revolt Motors is now set to export its electric motorcycles to Nepal. The company has plans for three more countries in Africa, South-East Asia and West Asia within the next financial year, a top official... |
| 12.03.2025 | The Art of the Pitch: Insights from Beth Susanne at the EU-Startups Summit | In the world of startups, the pitch is everything. It’s the lifeline that connects ideas to funding. This year, the EU-Startups Summit in Malta is set to host a masterclass in this art, led by Beth Susanne, a globally recognized pitch coach... |
| 12.03.2025 | 2025 carandbike Awards: Skoda Kylaq, Bajaj Freedom Take Top Honours | Mumbai, Maharashtra, India
The 2025 Car of the Year has been awarded to the Skoda Kylaq and the 2025 car&bike Motorcycle of the Year is the Bajaj Freedom. Since its inception in 2006, the car&bike Awards have grown to clearly stand ... |
| 11.03.2025 | [Update] Ather Energy Eyes $1.6 Bn Valuation For Its IPO | SUMMARY
Ather is eyeing an IPO valuation is almost equivalent to its last private valuation of $1.6 Bn
Earlier in January, Ather was reported to be chasing a valuation of $2.4 Bn for its IPO
The startup is eyeing a public listing within thi... |
| 10.03.2025 | Tata Capital & Ather Plan IPO: Knowledge Realty to be Largest REIT Listing Funds raised through IPOs in India contributed to more than 30 per cent of global IPO volumes, said Redseer, adding that ... | India is expected to record a 6.6 per cent growth in 2025, with a 6.8 per cent next year, mainly driven by strong private consumption and investment, said the United Nations (UN) in a forecast report earlier this year. The economy is set to... |
| 09.03.2025 | Ather Energy converts preference shares into equity; likely to launch IPO in Apr | Electric two-wheeler maker Ather Energy Ltd has taken a significant step toward its much-anticipated initial public offering (IPO) by converting its outstanding compulsory convertible preference shares (CCPS) into equity.
The move is part o... |
| 08.03.2025 | Lenskart and Ultraviolette: Pioneering India’s Manufacturing and Electric Revolution | In the heart of India, two companies are reshaping their industries. Lenskart, a titan in eyewear, is laying the groundwork for a massive factory in Telangana. Ultraviolette, a rising star in electric motorcycles, is gearing up to conquer t... |
| 08.03.2025 | Ultraviolette CEO: We’re at an interesting intersection of cultures | With two new showcases, Bengaluru-based electric motorcycle manufacturer Ultraviolette Automotive quite literally, sent shockwaves across not just the Indian but the global motorcycling landscape. A relatively young brand, Ultraviolette pre... |
| 27.02.2025 | IPO-bound Ather Energy opens new facility to boost R&D and testing capablity | Bengaluru: IPO-bound electric two-wheeler maker Ather Energy Ltd on Thursday announced the expansion of its research and development and testing capabilities with a third facility in Bengaluru.
Spread across 38,692 sq.ft., the facility is d... |
| 07.02.2025 | Ola Electric needs to sell 50,000 EVs a month to be profitable: Bhavish Aggarwal | New Delhi: Homegrown electric two-wheeler maker Ola Electric will need to consistently sell 50,000 units every month in order to achieve profitability, its founder and chief executive officer (CEO) Bhavish Aggarwal said on Friday.
Speaking ... |
| 24.01.2025 | UrbanWrk Partners with Breathe Aromatherapy to Enhance the Workplace Experience with Signature Scents | Mumbai, Maharashtra, India
The modern workplace continues to evolve beyond aesthetics, and UrbanWrk, a leading managed workspace provider, is embracing this progression through the strategic use of fragrance. Fragrance has the power to tran... |
| 20.01.2025 | 'Muscle in Motion' by MRF at Bharat Mobility 2025 | New Delhi, Delhi, India
MRF Ltd., India’s largest tyre manufacturer and a global leader in tyre technology, has introduced its visionary theme, 'Muscle in Motion', at Bharat Mobility 2025, at Bharat Mandapam, New Delhi. The theme underscore... |
| 19.01.2025 | MRF expands footprint in EV and defence tyre segments | MRF Ltd, a leading tyre manufacturer, announced notable progress in the electric vehicle (EV) tyre segment, encompassing both OEM supply and replacement markets. The company, which is also the exclusive supplier of tyres for Indian defence ... |
| 16.01.2025 | India's Tech Renaissance: A Surge of Innovation and Investment | India's tech landscape is undergoing a seismic shift. The year 2024 marked a pivotal moment, a renaissance of sorts, where innovation met investment in a spectacular dance. The IPO market boomed, and new unicorns emerged like stars in a nig... |
| 13.01.2025 | India's Tech IPO Market Booms in 2024 with Swiggy's USD 1.34 Billion Debut and Zomato's Sensex Milestone: Report Among India's 29 profitable unicorns, Zerodha led the pack, emphasising the ecosystem's... | India's tech ecosystem experienced a landmark year in 2024, characterised by a surge in IPOs, the birth of new unicorns, and an unprecedented wave of strategic acquisitions, signaling the sector's maturity. According to the "Indian Tec... |
| 07.01.2025 | Flipkart co-founder Sachin Bansal likely to sell $100-million stake in Bhavish Aggarwal’s Ola: Report | Flipkart co-founder Sachin Bansal plans to sell his stake in Bhavish Aggarwal's Ola. Bansal, who invested $100 million in the ride-hailing company in 2019, wants to sell the stake, The Economic Times reported Tuesday.
The deal will be final... |
| 03.01.2025 | SEBI approves IPO debut of Ola electric competitor Ather Energy | The Securities and Exchange Board of India has given Ather Energy, a well-known manufacturer of electric two-wheelers in India, final approval to begin its much-anticipated Initial Public Offering (IPO).
This paves the path for Ather to joi... |
| 03.01.2025 | Bajaj Auto Emerges on Top of the Electric Two-Wheeler Market in 2024 Bajaj Auto's platform, which integrates premium features while reducing production costs by 45 per cent, promises to further streng... | As competition charges up in the electric two-wheeler market, 2025 promises to be a decisive year, with legacy players and new entrants vying for dominance in this electrifying race. As per retail sales data from the VAHAN portal, Bajaj Aut... |
| 31.12.2024 | Brookfield, Tiger Global portfolio firms get IPO approval | Credit: 123RF.com
A firm backed by Canadian alternate asset management firm Brookfield Asset Management Inc and another by New York-based investment firm Tiger Global Management LLC Monday received approvals from the Securities and Exchange... |
| 30.12.2024 | Ather Energy Gets SEBI Nod For INR 3,100+ Cr IPO | SUMMARY
Ather Energy received the observation letter from the markets regulator on December 23
With all approvals in place, Ather is now tipped to become the second EV maker in the country to list on the bourses, after Ola Electric
Ather’s ... |
| 28.12.2024 | Fitsol's Green Leap: A $1 Million Seed Funding for a Sustainable Future | In a world grappling with climate change, innovation is the lifeline. Fitsol, a climate tech startup, has just secured $1 million in seed funding from Transition VC. This funding is not just a financial boost; it’s a green light for a susta... |
| 25.12.2024 | Bhavish Aggarwal’s Ola Electric opens 3,200 new stores, launches limited-edition S1 Pro Sona model | Bhavish Aggarwal-led Ola Electric opened 3,200 new stores across India on Wednesday, December 25, to expand the company's operations. According to his social media post on platform X, more than one lakh people attended the inauguration cere... |
| 23.12.2024 | Climate tech startup Fitsol raised $1 M Seed funding from Transition VC | Fitsol, a manufacturing-focused decarbonization platform, raised $1 million from Transition VC in its initial funding round.
The money raised will be utilized to accelerate expansion in three important areas. In order to provide advanced an... |
| 15.12.2024 | Auto Expo to see highest-ever participation of vehicle manufacturers: SIAM | The upcoming edition of Auto Expo will see participation of 34 vehicle manufacturers, the largest number of participants till date, since the first edition of the marquee event in 1986.
The Society of Indian Automobile Manufacturers (SIAM) ... |
| 11.12.2024 | Stride Ventures Launches Fourth Fund with USD 300 Mn Target Corpus Industry leaders like BlueStone, Upstox, Moneyview, Ather, Pharmeasy, Infra.Market, and Ola Electric have benefited from Stride's sup... | Venture debt pioneer Stride Ventures has unveiled its fourth fund, aiming for a corpus of USD 300 million, marking its largest domestic fund to date.
Stride claims to have already fully returned capital to investors from its first fund, whi... |
| 10.12.2024 | Stride Ventures Floats Fourth Fund With $300 Mn Target Corpus | SUMMARY
The fourth fund is aimed at fuelling startup’s growth across different sectors by providing them financial assistance
Stride Ventures also claims to have surpassed a $1 Bn commitment for its first venture debt growth fund
The fund’s... |
| 05.12.2024 | Ultraviolette Eyes Pan-India Expansion with INR 130 Cr Capital Boost In September, Ultraviolette shipped its first batch of Indian-made electric motorcycles to Europe, marking a significant milestone ... | Bengaluru-based electric motorcycle manufacturer Ultraviolette has announced the raising of INR 130 crore in a new funding round, highlighting the growing momentum in India's electric vehicle (EV) sector.
The investment round saw participat... |
| 01.12.2024 | Ola’s Market Share Dips To 24% As Electric 2W Registrations Slip In November | SUMMARY
Total electric two-wheeler registrations declined over 18% to 1.14 Lakh units in November from 1.39 Lakh units in the preceding month
Ola Electric saw its registrations slump 33% MoM to 27,746 units in November, while TVS Motor almo... |
| 27.11.2024 | Honda forays into Indian EV two-wheeler market with two scooters | Japan automobile major Honda is entering the EV 2-wheeler market with the launch of its first two e-scooters—ACTIVA-e and QC1. This marks the entry of another legacy player in the EV 2-wheeler segment.
The electric vehicle (EV) sales is wit... |
| 24.11.2024 | Investments into electric two-wheeler segment dips | The investments into the electric two-wheeler segment has witnessed a year-on-year dip in 2024. According to data sourced by businessline from Tracxn, a market intelligence and analytics platform, the electric two-wheeler industry received ... |
| 20.11.2024 | The Electric Revolution: Ather Energy and PURE EV Forge Ahead | The electric vehicle (EV) landscape is evolving rapidly. Two companies, Ather Energy and PURE EV, are leading the charge in different arenas. Ather Energy is doubling down on research and development, while PURE EV is expanding its reach in... |
| 19.11.2024 | PURE EV ties up with Arva Electric for middle east and Africa | PURE EV, an electric two-wheeler manufacturer, entered into a strategic partnership with Arva Electric Vehicles Manufacturing LLC, a subsidiary of Clarion Investment LLC to enhance the distribution and sales of electric motorcycles and brin... |
| 19.11.2024 | Ather Energy to invest ₹750 cr in R&D | Ather Energy plans to invest ₹750 crore in research and development to ramp up its in-house software capabilities and gain strategic advantage in the hyper-competitive domestic electric scooters market.
The electric two wheeler company has ... |
| 12.11.2024 | Asset-light approach: EV start-ups turn to micro-factories to cut costs, enhance flexibility | Electric vehicle players, specifically in the two-wheeler segment, are increasingly focusing on micro-factories rather than mega-factories. While bigger players in this segment like Ola Electric and Ather Energy are investing heavily in bui... |
| 01.11.2024 | The Electric Surge: A New Era for EVs in India | The electric vehicle (EV) market in India is buzzing like a hive in spring. October 2024 marked a significant leap for two major players: Ola Electric and Ather Energy. Both companies reported impressive growth, signaling a robust demand fo... |
| 01.11.2024 | Ola Electric vehicle registrations rise 74% to 41,605 units in October | Ola Electric Mobility Ltd on Friday reported a 74 per cent rise in vehicle registrations at 41,605 units in October 2024 as compared to the same month last year.
The company sold over 50,000 units in October 2024, Ola Electric said in a sta... |
| 01.11.2024 | Green mobility gets a festival boost in October as total EV registrations soar past the 2-lakh mark | The festival month of October delivered a significant boost to green mobility, setting a new milestone in electric vehicle (EV) sales. The total monthly EV registrations (including all categories) surpassed a record-breaking 200,000 units. ... |
| 31.10.2024 | Ather Energy achieves highest-ever monthly dispatches with 20,000 scooters in October | Ather Energy on Thursday said it has recorded its highest-ever monthly dispatches in October, with over 20,000 scooters being shipped across the country.
The recently launched family scooter, Rizta, has been a significant contributor, accou... |
| 27.10.2024 | Electric 2W sales surge past 1 lakh mark ahead of Diwali | The festive season is illuminating electric two-wheeler sales, with registrations already surging past the one lakh milestone just days before Diwali. This robust surge signals that October is on track to become the highest-selling month of... |
| 23.10.2024 | Syngene International’s CFO Sibaji Biswas resigns | Syngene International Limited’s Executive Director, Chief Financial Officer (CFO), Sibaji Biswas has resigned to pursue other career opportunities. He will be replaced by Deepak Jain effective from December 1.
The company said in its filing... |
| 11.10.2024 | Special Navratri Offers on Online Booking of Electric Scooters with a Bajaj Finserv Two-wheeler Loan | Pune, Maharashtra, India
This Navratri, Bajaj Finance is offering exciting festive season offers for those looking to buy an electric scooter. Customers can avail of cashback of up to Rs. 5,000 on booking an electric scooter online through ... |
| 26.09.2024 | Domestic Investors Now Turning To Unlisted Startups: Shiprocket’s Vishesh Khurana | SUMMARY
A host of domestic investors are now looking to back unlisted startups, especially when some of the listed firms scored strong performance in the last 3-4 years, according to logistics unicorn Shiprocket's cofounder Vishesh Khurana.... |
| 24.09.2024 | Oister Global, Tribe Capital India partner to launch $500 million fund for secondary market investments | Gurugram-based investment firm Oister Global and the growth equity and private equity Indian arm of Tribe Capital--Tribe Capital India to launch a new fund focused on secondary transactions.
This fund is expected to make investments amounti... |
| 23.09.2024 | Swiggy's IPO: A Culinary Leap into the Stock Market | Swiggy is stirring the pot. The food delivery giant is gearing up for a significant IPO, aiming to raise Rs 5,000 crore, roughly $602 million. This move marks a pivotal moment for the Bengaluru-based company, which has been a staple in the ... |
| 23.09.2024 | Food delivery and quick commerce company Swiggy to raise Rs 5,000 Cr via fresh issue | As part of its initial public offering (IPO), food delivery and quick commerce company Swiggy plans to raise Rs 5,000 crore ($602 million) through a new issue. With plans to seek board approval for the offer for sale (OFS) in the first week... |
| 17.09.2024 | electronica India, productronica India, and SEMICON India 2024 Elevate India's Electronics Ecosystem as Southeast Asia's Largest Industry Platform for Electronics | New Delhi, Delhi, India
Featured 45,532 visitors with over 2,000 B2B meetings scheduled.
The largest edition to date was graced by the esteemed presence of the Honorable Prime Minister of India, Shri Narendra Modi, along with Shri Yogi Adit... |
| 13.09.2024 | Moneyview Joins Unicorn Club After Fresh Capital Raise, Bolsters Services with Jify Acquisition With this acquisition, Moneyview aims to expand its financial services by integrating employee-focused s... | Moneyview, a consumer lending platform, has achieved unicorn status following a new funding round from existing investors, Accel India and Nexus Ventures.
The company issued 60,23,382 equity shares at an issue price of INR 64.15 each, raisi... |
| 12.09.2024 | The Unicorn Board Adds 8 New Companies, With One Newly Minted Entry Valued At $16B | 1 Shares Email Facebook Twitter LinkedIn
Eight companies joined The Crunchbase Unicorn Board in August, with six based in the U.S., and two hailing from China and India, respectively.
Among them was Huawei Technologies’ smart car subsidiary... |
| 10.09.2024 | Ather Energy Files DRHP Papers to Raise INR 3,100 Cr; Plans Major Expansion Ather Energy may also conduct a pre-IPO placement of up to INR 620 crore, potentially reducing the size of the fresh issue a... | Founded in 2013 by Tarun Mehta and Swapnil Jain, electric two-wheeler manufacturer Ather Energy Limited is preparing for its initial public offering (IPO) worth INR 3,100 crore.
Ather Energy's product lineup includes two key models: the Ath... |
| 09.09.2024 | Ather Energy FY24: Revenue Declines On Reduction In FAME-II Subsidy, Loss Up 22% To INR 1,060 Cr | SUMMARY
Ather’s operating revenue declined 1.5% YoY to INR 1,753.8 Cr in FY24, hurt by the reduction in FAME subsidy provided by the government
In FY23, Ather’s operating revenue had seen a sharp 335% YoY jump to INR 1,780.9 Cr and net loss... |
| 09.09.2024 | Ather Energy Working On New 2-Wheeler Platforms To Enter Electric Motorcycle Segment | SUMMARY
Ather said it plans to expand its product portfolio with the launch of new vehicles that can cater to the broader E2W market with upgraded software features
As of now, Ather’s portfolio comprises seven electric scooters – Ather 450X... |
| 09.09.2024 | Ather Energy IPO: Losses soar to over Rs 1000 crore even as topline remains flat in FY24 | As of As of March 31, 2024, the company reported a customer base of 114,000 customers, up from 23,000 customers in March 2022. |
| 09.09.2024 | Ather Energy to file Rs 45 Bn IPO papers next week
Deep Industries wins Rs 14.02 billion ONGC contract for production boost
Why Public EV Chargers Rarely Deliver the Promised Fast Speeds
Odisha poised... | ECONOMY & POLICY Ather Energy to file Rs 45 Bn IPO papers next week
09 Sep 2024 2 Min Read CW Team
Tiger Global-backed startup Ather Energy will be filing its draft prospectus for an initial public offering (IPO) in the first half of th... |
| 07.09.2024 | From Drip Capital To Rapido – Indian Startups Raised $348 Mn This Week | SUMMARY
Between September 2 and 7, Indian startups collectively mopped up around $348 Mn in funding across 19 deals
Rapido’s fundraise, the traveltech sector became the funded sector with an investment of $204 Mn deals
Ather Energy is looki... |
| 06.09.2024 | Ather Energy Eyes INR 4,500 Cr IPO, To File DRHP Next Week | SUMMARY
Ather Energy is targeting a valuation of around $2.5 Bn for the IPO, which will be mix of fresh issue and offer for sale
The development comes on the heels of Ather’s competitor Ola Electric going public by raising over INR 6,145.6 ... |
| 01.09.2024 | Startup receives Rs 250 Cr investment from Yubi founder Gaurav Kumar | Gaurav Kumar, the CEO and founder of the fintech unicorn Yubi (formerly CredAvenue), has contributed Rs 250 crore ($30 million) in equity capital to his startup. This represents one of the biggest investments a founder has made in a tech co... |
| 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... |
| 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... |
| 17.08.2024 | This Week's Best Startup Funding: August 10–16 Here is a list of the startups that have raised the most money this week, from August 10 to August 16. | Zepto: Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto excels in quick commerce in India, delivering groceries, electronics, and essentials within 10–20 minutes. Operating in major cities like Bengaluru, Delhi, and Mumbai, the st... |
| 14.08.2024 | Ather Energy: A New Unicorn in the Electric Revolution | Ather Energy has officially joined the unicorn club, a coveted status that signifies a valuation of over $1 billion. The Bengaluru-based electric scooter manufacturer secured $71 million from the National Investment and Infrastructure Fund ... |
| 14.08.2024 | With $71 M from current backer NIIF, Ather becomes unicorn | With the acquisition of $71 million from current investor National Investment and Infrastructure Fund (NIIF), Bengaluru-based Ather Energy, a manufacturer of electric scooters, has joined the unicorn club.
Ather’s estimated net worth is $1.... |
| 13.08.2024 | The Electric Surge: Kazam and Ola Electric Lead India's E-Mobility Revolution | India is on the brink of an electric revolution. The streets are buzzing with electric vehicles (EVs). Two players are at the forefront: Kazam and Ola Electric. Both are redefining the landscape of e-mobility in the country. Their recent mo... |
