| Date | Title | Description |
| 26.10.2024 | D2C Insider Invests INR 1 Cr Each in The Paan Legacy, Hemptyful, and Polr.Care at Elevate Cohort 2 Demo Day The chosen startups, each focusing on innovative consumer goods, completed a 12-week acceler... | D2C Insider, a networking platform dedicated to India's direct-to-consumer (D2C) sector, recently announced investments of up to INR 1 crore each in three promising early-stage startups: The Paan Legacy, Hemptyful, and Polr.Care.
These inve... |
| 12.10.2024 | Amid Wave Of Top Level Exits At Orios, CFO & COO Gaurav Bindal Calls It Quits | SUMMARY
Bindal is said to have led the closure of all investment deals since joining the investment firm in 2021
In what is the third major blow to the VC firm in a year, Orios’ two top partners Anup Jain and Rajeev Suri quit the company la... |
| 10.10.2024 | Ratan Tata: 10 Startups He Invested in that Turned Unicorn Over the years, Tata had invested in several startups, many of which went on to become unicorns. Let's take a look at some of the unicorns th... | Tata Sons' Chairman Emeritus Ratan Tata's demise is a giant loss for India Inc. – both for the large corporates and the startup ecosystem.
Tributes poured in from leaders across industries.
"India has lost a giant, a visionary who rede... |
| 30.09.2024 | CarDekho Eyes $500 Mn IPO Next Year | SUMMARY
CarDekho is in advanced talks to appoint merchant bankers to helm its initial public offering
The startup plans to file its DRHP in March 2025. The IPO will see Peak XV, Google Capital, and Hillhouse Capital offload a part of their ... |
| 24.09.2024 | CarDekho Partners Girnar AI To Drive Voicebot & Chatbot Developments | SUMMARY
CarDekho extends partnership with Girnar AI Innovations Lab through its investment arm, Girnar Vision Fund (GVF) to help them develop voicebots, chatbots and conversational AI tools
Launched in April 2024, Girnar AI Innovations lab ... |
| 03.09.2024 | CarDekho backs fleet management services company Carrum | Credit: VCCircle
Automobile marketplace CarDekho has invested an undisclosed amount in fleet management services company Carrum, founded by Revv's former co-founder Karan Jain, it said in a statement on Tuesday.
The latest deal adds fleet m... |
| 03.09.2024 | CarDekho Group Invests In Carrum To Drive Mobility Portfolio | SUMMARY
CarDekho Group made a strategic investment in fleet management services startup Carrum to help drive its sustainable mobility portfolio without disclosing the financial terms of the deal
The partnership aims to boost Carrum’s effort... |
| 30.08.2024 | CarDekho's Girnar Vision Fund invests in SaaS startup BiUP | CarDekho co-founder Amit Jain (middle) with BiUP founders Prashant Sinha (left) and Rohit Ranjan
BiUP Technologies, an immersive technology SaaS company, said Friday it has raised pre-Series A funding from CarDekho Group’s investment arm Gi... |
| 28.08.2024 | CarDekho Group Partners SaaS Platform BiUP Technologies To Drive AI-Powered Mobility Solutions | SUMMARY
CarDekho Group has invested in BiUP Technologies to boost its AI-powered mobility solutions, leveraging BiUP's expertise in AI and immersive technology.
The partnership aims to transform vehicle searches into conversational experien... |
| 24.07.2024 | LeapFrog pushes timeline for final close of fourth consumer fund | Premium
Emerging markets-focused private equity firm LeapFrog Investments, a backer of Indian names like Redcliffe, BatterySmart, HealthifyMe, CarDekho, Dvara KGFS and NeoGrowth, has pushed the timeline for its latest consumer fund. The del... |
| 20.05.2024 | IPO-Bound CarDekho Ropes In Neelesh Talathi As Group CFO | SUMMARY
Talathi, a former CFO at Pepperfry, Mensa Brands and Vedanta Group, will lead the company’s financial function ahead of its planned IPO
Talathi replaces Mayank Gupta, who was the group CFO since September 2021
Recently, the company ... |
| 04.12.2023 | Deals in brief: Igloo and Gravel secure funding, COP28 participants step up financial commitments, multiple China, India, and Middle East deals, and more | Igloo raises USD 36 million in pre-Series C funding
The insurtech company has announced the completion of its pre-Series C funding round, raising USD 36 million. The round was led by Eurazeo, utilizing its BNP Paribas Cardif-backed insurtec... |
| 15.06.2023 | ‘Unbelievable!’ SA reacts to SUV driver’s 536km/h speeding fine in Windhoek, Namibia | A Toyota Land Cruiser owner posted an image of a fine he received for breaking the speed limit by 476km/h. Image: Facebook / HULK 4X4 Suspensions & Landcruiser boys
A viral Facebook post of an image of a fine indicating a Toyota Land Cr... |
| 16.01.2023 | Maruti Suzuki announces price hike – cars to get costlier by 1.1% from today | Maruti Suzuki has announced a price hike for its cars, effective from today.
The company’s cars will now cost 1.1% more across models.
The company had earlier cited cost pressure due to inflation and regulatory requirements as the reason fo... |
| 02.12.2022 | Maruti Suzuki cars will get costlier from January 2023 | Maruti Suzuki has announced a price hike for its cars from January 2023.
The company has cited cost pressure due to inflation and regulatory requirements for the price hike.
The company has yet to reveal the quantum of the hike.
Advertiseme... |
| 30.10.2022 | Honda WRV’s Successor Launching On This Date: Can Honda’s New SUV Challenge Tata Nexon, Maruti Brezza? | A new car is likely to be unveiled by Honda, which will most probably be the production version of the SUV RS Concept showcased in 2021.
The company has teased the car, which will most likely debut globally in Indonesia on November 2.
Its e... |
| 23.08.2022 | Rising input and supply chain costs push luxury carmaker Audi to hike prices by 2.4% | Luxury cars’ price tags are about to get fatter as automaker Audi increases the prices of its models for the second time in four months.
Due to rising input and supply chain costs, Audi will be increasing its prices yet again by 2.4%.
In Ap... |
| 28.07.2022 | Mahindra Thar 5-door to be based on Scorpio N platform, will compete against Gurkha, Jimny | Domestic automaker Mahindra recently launched the new-gen Scorpio N SUV based on a ladder-on-frame chassis platform and now R Velusamy, Senior Vice President, Head – Automotive Product Development, MRV, Mahindra confirmed that the upcoming ... |
| 03.07.2022 | Book Toyota 1st Mid-Size SUV For India: Hyryder For Rs 25,000! Check Expected Price.. | Book Toyota 1st Mid-Size SUV For India: Hyryder For Rs 25,000! Check Expected Price..
The Urban Cruiser Hyryder, Toyota’s first midsize SUV for India developed jointly with Maruti Suzuki has been unveiled.
Contents
1 Maruti companion
2 Book... |
| 27.04.2022 | Maruti’s Biggest Green Push: All Maruti Cars Will Be Ethanol-Compatible By 2023! | Maruti’s Biggest Green Push: All Maruti Cars Will Be Ethanol-Compatible By 2023!
Maruti Suzuki, India’s largest car manufacturer, has announced that it will be turning its entire lineup E20 compliant by April 2023.
For those unfamiliar with... |
| 04.04.2022 | India’s Top 10 Affordable Dual Clutch Auto Car You Can Buy Right Away | India’s Top 10 Affordable Dual Clutch Auto Car You Can Buy Right Away
We know that there are four automatic transmission options- AMT, a DCT (dual clutch auto), a torque converter, and a CVT.
Here, we’ll focus on the DCT gearbox which was f... |
| 15.03.2022 | New Kwid 2022 Launched At Rs 4.95 Lakh: Big Fight With Alto, Punch, Santro, Tiago? | New Kwid 2022 Launched At Rs 4.95 Lakh: Big Fight With Alto, Punch, Santro, Tiago?
Renault’s Kwid has been launched in the market for a price as low as Rs. 4.49 lakhs. The car will compete against the likes of Alto, Punch, Santro, Tiago.
Wh... |
| 12.03.2022 | Renault Offering Upto Rs 1.3 Lakh Discounts; Check Maruti’s Offers On Alto, S-Presso & More | For all those who are planning their vehicular purchases, Renault and Maruti are running impressive discounts.
Discounts upto 1.30 lakhs are announced by Renault India on its range of cars. Renault Cars
Offering the highest discount, Renaul... |
| 16.02.2022 | Maruti Baleno 2022 Will Have AMT Gearbox; Promises 22.94Kmpl Mileage (Leaked Details) | Maruti Baleno 2022 Will Have AMT Gearbox; Promises 22.94Kmpl Mileage (Leaked Details)
In the coming days, Maruti is all set to launch the facelifted Baleno followed by the updated Toyota Glanza in March.
Baleno And Toyota Glanza Facelift La... |
| 29.01.2022 | Kia Recalls 400,000+ Cars Due To Faulty Airbags Which Won’t Work In Accident: India Impacted? | The service will be free of charge as all recall repairs are.
Kia is recalling over 410,000 of its cars in the US since there is a problem which prevents airbags from inflating in a crash.
Certain Forte small cars from the 2017 and 2018 mod... |
| 13.10.2021 | CarDekho Raises $250M in Pre IPO Round; Valued At $1.2 Billion
| CarDekho, an Indian car search platform, closed a $250m round of funding.
The round, which included $200m Series E equity and $50m debt and valued the company at $1.2 billion, was led by LeapFrog Investments with participation from Canyon P... |
| 12.10.2021 | India’s CarDekho becomes unicorn with $250 million fundraise | CarDekho, an Indian search and e-commerce platform for new and used cars, has become the latest startup in the world’s second-largest market to reach the unicorn status.
The 14-year-old startup said on Wednesday it has raised $250 million —... |
| 14.09.2021 | Manufacture Tesla In India First Before Import Duty Relief, Govt Tells Elon Musk | In a fresh directive to Elon Musk-led Tesla that is planning to enter the country soon, the Indian government has reportedly asked the US-based electric vehicle (EV) automaker to first start manufacturing its electric vehicles in the countr... |
| 09.08.2021 | Centre Mulls Cutting Import Tax On EVs After Elon Musk’s Remark | Indian government is considering cutting import duties on electric cars to as low as 40%. The new development comes days after Krishan Pal Gurjar, the newly appointed minister of state in the Ministry of Power and Heavy Industries said that... |
| 03.08.2021 | Has Indian Govt Blocked Tesla’s India Entry With No Cut In EV Import Duties? | Electric vehicle manufacturer Tesla’s plan to launch its vehicle on Indian roads might have hit a roadblock. The Elon Musk-led company which was hoping to get some respite from the Indian government in form of reduced import duty, might hav... |
| 25.06.2021 | Tesla May Opt For Selling Imported Cars In India Before Starting Manufacturing | Elon Musk’s Tesla could potentially be calling off the plan of making a grand entry into the Indian market. The company intends to assemble and import CDS (car dealer simulators) or SDK ( software development kits) units into the country ra... |
| 13.05.2021 | Maruti, Tata, Mahindra Extend Free Service, Warranty For All Customers: Full Details | Car companies are extending free service and warranty periods for their vehicles as a special gesture for customers.
Maruti Suzuki and Kia India have announced an extension in the free service and warranty deadlines that were expiring in th... |
| 12.05.2021 | Hyundai Alcazar Bookings Start At Rs 13 Lakh Across India; But Is It Official Booking? | Despite the delay in launch, some Hyundai dealerships have begun taking unofficial bookings for the Alcazar which is expected to arrive later this month or in June.
The launch of Hyundai’s 7-seater Alcazar has been delayed because of the pa... |
| 10.02.2021 | Here's how global electric car makers are tweaking their models to make it viable for Indian roads | India's infrastructure problems have continued to deter consumers from choosing electric cars over fossil fuel vehicles.
So, the makers are trying to find a way to make the cars viable for their buyers.
The UK-based carmaker Morris Garages,... |
| 29.12.2020 | Tesla Will Launch In India In 2021, Confirms Gadkari | US-based electric vehicles (EV) maker Tesla will be arriving in India ‘early’ in 2021, transport minister Nitin Gadkari announced on Monday (December 28). The company will first start with sales and then look into start assembling in India ... |
| 03.01.2020 | CarDekho Raises US$70M in Series D Funding | CarDekho, an Indian auto technology company, raised US$70m in Series D funding.
The round was led by Ping An Global Voyager Fund, with participation from Sequoia Capital and Hillhouse Capital.
Founded in 2008 by Mr Amit Jain, CEO, CarDekho ... |
| 10.12.2019 | Daily funding roundup - December 9th, 2019 | RaySecur raised $3M; Jow landed $7M; Neuron Mobility secured $18.5M; Zeus Living picks up $55M
RaySecur: RaySecur’s desktop-sized 3D real-time scanning technology can intercept and detect threats in mailrooms before they make it onto office... |
| 04.01.2019 | CarDekho Closes $110M Series C Funding | India-based auto portal CarDekho.com closed its $110m Series C funding round.
The round, which valued CarDekho at approx. $400-450m, was led by Sequoia Capital’s global growth fund, with participation from Axis Bank, Hillhouse Capital, RNT ... |
| 04.01.2019 | Top startup news for today, Friday, January 4, 2019 | Good morning! Here are some of the top technology startup news stories for today, Friday, January 4, 2019.
Verily Life Sciences, an Alphabet spin-off, just raised a $1 billion investment. Verily Life Sciences (formerly known as Google Life... |
| 03.01.2019 | Auto marketplace CarDekho grabs $110M to double down on insurance and financial services | CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance.
Sequoia India, Hillhouse and Alphabet’... |
| 12.04.2018 | Maruti Suzuki organises free summer check-up camps across dealerships | -->
All Maruti Suzuki customers can avail this complementary health check-up, which will be held between April 10-25, 2018. |
| 17.11.2017 | Used-car market sees a boom as Indians change cars every five years | Indians are now changing their automobiles every five years, on an average, down from 12 years a decade ago, leading to a rapid growth in the used-car market.
Within the next decade, the average ownership of a car is expected to come down t... |
| 05.06.2017 | What to expect from the upcoming Mitsubishi Outlander | -->
Mitsubishi Outlander |
| 31.05.2017 | Check out the Rolls-Royce Sweptail | -->
Rolls-Royce Sweptail |
| 03.02.2017 | Tata to introduce new performance division TaMo | -->
Is Tata Motors eyeing to woo millennials in an entirely different way with its performance division TaMo? |
| 02.06.2016 | Indian used car platform Droom gets Series B to enter Southeast Asian markets | Droom, one of several startups taking advantage of India’s booming secondhand vehicle market, is planning to enter new countries after raising a Series B from Beenext and Digital Garage. The company hasn’t disclosed the amount of the round,... |
| 21.03.2016 | Google Capital invests in Girnar Software, owner of Indian auto portal CarDekho.com | Girnar Software, which runs several auto portals in India including CarDekho.com, has raised an undisclosed amount of new funding from Google Capital, with participation from returning investor Hillhouse Capital.
This is the fourth Indian s... |
| 21.03.2016 | CarDekho parent Girnar Software gets funding from Google Capital | Girnar Software Pvt Ltd, which owns six portals including auto portals CarDekho.com and Gaadi.com, has secured an undisclosed amount of investment from Google Capital as part of its extended Series B funding round, with participation from e... |
| 13.01.2016 | CarTrade Gets $145M To Ride India’s Flourishing Used Vehicle Market | CarTrade, a classified site for car dealers in India, has scored an impressive $145 million in new funding to fuel new acquisitions and expand its products. The round was led by Singapore-based investment firm Temasek and March Capital, wit... |
| 14.12.2015 | India: Auto classifieds platform CarDekho to raise $22-30m led by Google Capital | Premium
Auto classifieds platform CarDekho is close to raising $22-30 million in a fresh round of funding led by venture capital fund Google Capital, as per a report in The Times of India.
Continue reading this story with a subscription to ... |
| 27.05.2015 | HDFC Bank invests in auto portal CarDekho | Jaipur-based Girnar Software Pvt Ltd, the company behind auto portal CarDekho.com, has raised an undisclosed amount of funding from private sector lender HDFC Bank, the company said on Wednesday.
The investment comes close on the heels of t... |
| 08.04.2015 | Cardekho.com’s ‘Mr. I Know’ Back with a Twist for Upcoming IPL Season | Mumbai, Maharashtra, India
Apart from being a much-loved sport in the country, a common thread that binds cricket to its many die-hard fans is the endless leeway it gives them to decide on what could be the next best thing that the team cou... |
| 12.02.2015 | CarDekho.com Announces Winners of CarDekho Accolade 2014 | New Delhi, Delhi, India
CarDekho.com, the flagship portal of GirnarSoft has successfully concluded CarDekho Accolade - India’s ONLY consumer choice awards in the automobile space. After 17 days of voting, the winners have been announced for... |
| 09.02.2015 | Ratan Tata backs auto classifieds portal CarDekho.com | Ratan Tata, former chief of Tata Group and currently chairman emeritus of group’s holding company Tata Sons, has invested an undisclosed amount in Jaipur-based Girnar Software Pvt Ltd, the company behind auto portal CarDekho.com, it said in... |
| 29.01.2015 | CarDekho.com raises $50M in Series B round from Hillhouse, Tybourne & Sequoia | Jaipur-based Girnar Software Pvt Ltd, the company behind auto portal CarDekho.com, has raised $50 million (around Rs 307 crore) from Chinese investment management firm Hillhouse Capital and Hong Kong-based hedge fund Tybourne Capital. The r... |
| 28.10.2014 | CarTrade.com raises $30M from Warburg Pincus, Canaan & Tiger Global | Mumbai-based CarTrade.com, an online auto classifieds platform owned and operated by MXC Solutions Pvt Ltd, has raised Rs 185 crore ($30.2 million) in funding led by private equity firm Warburg Pincus, with participation from existing inves... |
| 27.11.2013 | CarDekho owner Girnar Software closes Series A of $15M from Sequoia Capital, looking to enter emerging markets | Multi-vertical consumer internet company Girnar Software has raised $15 million in a Series A round from Sequoia Capital. The company owns and operates three portals Bikedekho.com, CarDekho.com and Pricedekho.com. Earlier this month Techcir... |
| - | Какими будут следующие 50 стартапов-единорогов — обзор CB Insights | Какими будут следующие 50 стартапов-единорогов — обзор CB Insights
15 Февраля, 2019, 17:00
Михаил Сапитон
5866
Аналитики CB Insights по просьбе издания The New York Times назвали 50 компаний, которые в ближайшем будущем могут стать «единоро... |
| - | Electric Vehicles This Week: Mahindra Electric Eyes On Erickshaw Market & More | Infocus Electric Vehicles This Week
Inc42 brings the weekly briefing on India's budding electric vehicle industry. Get a rundown of the latest news, innovations, new launches, research & insights on the electric vehicles industry and th... |
| - | Cardekho Acquires Ibibo Group Owned Gaadi.com | Making it one of the biggest deal in the fragmented online auto classifieds, Sequoia Capital-backed Cardekho has acquired Ibibo Group-owned Gaadi.com. Ibibo had acquired Gaadi.com in 2011.
The rumors about this deal came first in June this ... |
| - | Electric Vehicles This Week: Tesla’s India Challenge, Delhi Govt’s Plan & More | Infocus Electric Vehicles This Week
Inc42 brings the weekly briefing on India's budding electric vehicle industry. Get a rundown of the latest news, innovations, new launches, research & insights on the electric vehicles industry and th... |
| - | Will Musk Be Able To Steer Tesla In The Indian Market? | “Next year for sure. Thanks for waiting,” Elon Musk, CEO of Tesla and founder of SpaceX, recently tweeted, confirming the entry of electric vehicle (EV) giant Tesla by 2021 in India. Given the hype and popularity of Tesla in the internation... |
| - | Centre Mulls Cutting Import Tax On EVs After Elon Musk’s Remark | Indian government is considering cutting import duties on electric cars to as low as 40%. The new development comes days after Krishan Pal Gurjar, the newly appointed minister of state in the Ministry of Power and Heavy Industries said that... |
| - | Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series | Looking at the current developments in the electric vehicle (EV) market, Tata Motors has decided to join the bandwagon with its subsidiary Jaguar Land Rover (JLR). The company plans to roll out six EV in India in 2020.
Jaguar’s first all-el... |
| - | Manufacture Tesla In India First Before Import Duty Relief, Govt Tells Elon Musk | In a fresh directive to Elon Musk-led Tesla that is planning to enter the country soon, the Indian government has reportedly asked the US-based electric vehicle (EV) automaker to first start manufacturing its electric vehicles in the countr... |
| - | Cost, Acceptance And Charging Biggest EV Challenges, Says Maruti Suzuki | After BMW, Maruti Suzuki has expressed its concern over the launch of electric vehicles (EVs) in India. The company finds the cost of EV and lack of charging infrastructure as a deterrent to the mass adoption of electric cars in the country... |
| - | Happy To Enter India’s EV Market Once Demand Clear, Says BMW CEO | BMW finally clears the air about its entry in the electric vehicle (EV) race in India. The German multinational company is still considering taking the step as the infrastructure built for the vehicles is still “ambiguous and uncertain” in ... |
| - | Electric Vehicles This Week: Indian Govt Considering To Mandate EV Charging Stations In Buildings And More | As winter approaches, citizens across country’s capital are already bundled in a blanket of thick air — a poisonous combination of fog and smoke — smog. The pollution in the city is rising and has already recorded a “severe” air quality ind... |
| - | CarDekho Raises $110 Mn In Series C Funding To Rev Up For Its Next Phase Of Growth | Auto portal CarDekho has raised $110 Mn in Series C funding from existing investors Sequoia India, Hillhouse Capital, CapitalG (Alphabet growth investment arm), and Axis Bank.
CarDekho is an online platform that enables its users to researc... |
| - | India Rejects Elon Musk’s Request For Tax Break On Imported Tesla EVs | India has rejected Elon Musk’s request for a tax rebate on Tesla’s electric cars citing enough traction from global automakers within the existing framework.
Central Board of Indirect Taxes and Customs Chairman, Vivek Johri, was quoted as s... |
| - | Has Indian Govt Blocked Tesla’s India Entry With No Cut In EV Import Duties? | Electric vehicle manufacturer Tesla’s plan to launch its vehicle on Indian roads might have hit a roadblock. The Elon Musk-led company which was hoping to get some respite from the Indian government in form of reduced import duty, might hav... |
| - | Autoportal.ua открыл сайт и офис в Индии | Autoportal.ua открыл сайт и офис в Индии
16 Декабря, 2013, 13:50
Ольга Карпенко
1695
11
Холдинг «Креатив Медиа», куда входят Autoportal.ua и Technoportal.ua, в декабре этого года запустил сайт Autoportal.com, нацеленный на индийский рынок. ... |
| - | Tesla All Set For India Launch; Registers Indian Subsidiary In Karnataka | With plans to launch its electric cars in India by 2022, Elon Musk’s Tesla is all set to make a splash in the Indian market after registering Tesla India Motors and Energy Private Ltd with India’s ministry of corporate affairs, earlier this... |
| - | Govt Seeks Tesla’s Sourcing And Manufacturing Details Before Entry Into Indian Market | India has asked Tesla Inc. to fasten the local procurement and share manufacturing plans before the carmaker’s demands for lower taxes on electric vehicles are considered.
According to a report by Mint, the ministries of heavy industries an... |
| - | 2014 In Review: Here Are The Top Startup Acquisitions Of The Year | Year 2014 witnessed the rise of big ticket startup fundings and the much needed M&A activity in the Indian startup ecosystem. Ranging from ecommerce to television rights, it feels like 2014 was an year of acquisitions. Following is a li... |
| - | Govt Picks Hyundai’s Kona Over Tata Motors, M&M Electric Vehicles: Here’s why | As a part of the central government’s electric vehicle (EV) procurement programme run by Energy Efficiency Services Ltd (EESL), the authority has reportedly placed initial orders for Hyundai’s recently launched long-range SUV Kona electric.... |
| - | Антон Рублевский о своем бизнесе в Индии: «За год дважды полностью поменяли команду» | Антон Рублевский о своем бизнесе в Индии: «За год дважды полностью поменяли команду»
26 Ноября, 2014, 11:05
Ольга Карпенко
4475
20
Около года назад компания Autoportal открыла офис и сайт в Индии, его владелец Антон Рублевский стал одним из... |
| - | CarDekho Offers $3.5 Mn To Employees Under ESOPs Scheme | Jaipur-based auto-tech company GirnarSoft, the parent company of CarDekho, BikeDekho etc, on Tuesday (February 11), announced the second cash-out scheme under the employee stock ownership plan (ESOP) of the financial year 2020. The cash-out... |
| - | Tesla To Set Up Electric Car Manufacturing Unit In Karnataka | Electric car giant Tesla will soon set up a manufacturing plant for electric vehicles (EVs) in India, after incorporating its Indian entity last month.
The revelation came not from the company, but from Karnataka Chief Minister BS Yediyurap... |
| - | Finally, ESOPs Make Sense To Employees As Startups Payout INR 365 Cr In Buyback | ESOP buybacks have come as a succour in times of the pandemic. Employee stock ownership plan (ESOPs) buybacks besides incentivise financially also induce employees to “have their skin in the game.” This also helps attract potential assets t... |
| - | CarDekho-Parent GirnarSoft Allots ESOPs Worth Over INR 3.5 Cr | Jaipur-based auto-tech company GirnarSoft, the parent company of CarDekho, BikeDekho and other startups in the automotive sector has now made fresh employee stock option (ESOP) allotments to 43 employees.
According to the ministry of corpor... |
| - | Tesla May Opt For Selling Imported Cars In India Before Starting Manufacturing | Elon Musk’s Tesla could potentially be calling off the plan of making a grand entry into the Indian market. The company intends to assemble and import CDS (car dealer simulators) or SDK ( software development kits) units into the country ra... |
| - | Electric Vehicles This Week: Centre Reduces GST On Lithium-Ion Batteries, Hyundai To Launch Electric SUV In India, And More | The ministry of petroleum and natural gas (MoPNG) on July 23 asked the Supreme Court to ban the sale and manufacturing of Bharat Stage-VI non-compliant vehicles in India, starting April 1, 2020. The ban, if implemented, is also expected to ... |
| - | Allied Business Verticals Turned CarDekho Speedometer To Profits In FY18 | CarDekho, a used car marketplace owned and operated by Girnar Software, has reported a 40% surge in its revenue in FY18 for the period ending March 2018. The company earned $21.6 Mn (INR 160 Cr) in revenue as compared to $15.6 Mn (INR 116 C... |
| - | Honda Plans Electric Vehicle Rollout By 2023-24, Not Waiting For Policy Roadmap | Japanese automaker Honda Motor is planning to roll out its electric vehicle (EV) in the Indian market by 2023-2024, adding that the company will no longer wait for the government to layout a policy roadmap for introducing EVs and charging s... |
| - | Auto Expo 2020: MG Motor Plans To Reveal Connected, Electric Vehicles | MG Motor India has announced that it is planning to showcase a range of future mobility in the upcoming Auto Expo 2020, which will be held between February 7-12. MG Motor’s range would include concept models of connected, electric and auton... |
| - | Gurgaon Based Auto Portal CarDekho.com Acquires BuyingIQ.com To Bolster Its Product & Analytics Capabilities | In a bid to strengthen its product and analytics capabilities, Gurgaon-based auto portal, CarDekho.com has announced the acquisition of BuyingIQ.com, a price comparison site and intelligent shopping engine, for an undisclosed amount.
This i... |
| - | Is Ibibo Looking To Sell Gaadi.com To Sequoia Backed CarDekho? | Ibibo Group, the Indian unit of South African internet and media giant, Naspers is reportedly in talks to sell online automotive marketplace Gaadi.com. The reports suggest that the group is in talks with a number of bidders for the same, bu... |
| - | Swedish EV Startup Uniti Gets Backing From Anthill Ventures To Fuel Its India And South East Asia Dreams | Anthill Ventures has made an undisclosed investment in Uniti, a Swedish urban mobility electric car startup looking to drive its electric cars on the Indian roads. The aim is to let users experience a modern 100% electric car that is safe, ... |
| - | Electric Vehicles This Week: Delhi Govt’s Policy Helps Cut EV Cost, GM’s $2 Bn Plant & More | With an eye to promote faster adoption of electric vehicles, the Delhi government has exempted road tax and registration fees on electric vehicles (EV). It will further reduce the cost incurred by the end-user in its new electric vehicle po... |
| - | Tesla Will Launch In India In 2021, Confirms Gadkari | US-based electric vehicles (EV) maker Tesla will be arriving in India ‘early’ in 2021, transport minister Nitin Gadkari announced on Monday (December 28). The company will first start with sales and then look into start assembling in India ... |
| - | Online Auto Portal Cardekho.com Is Raising $50 Mn Funding From Hillhouse Capital | Sequoia Capital-backed auto portal, Cardekho is close to raising $40-50 Mn in a new round of funding from Hillhouse Capital. Its existing investor Sequoia Capital and another investor are likely to participate in the latest round of funding... |
| - | Electric Vehicles This Week: Tesla India Talks Move Further, EESL Plans For Thailand | Infocus Electric Vehicles This Week
Inc42 brings the weekly briefing on India's budding electric vehicle industry. Get a rundown of the latest news, innovations, new launches, research & insights on the electric vehicles industry and th... |
| - | Reach Out To Potential Startups, Offer Them Support: MoS Jitendra Singh To Officials | Singh said that the government agencies should reach out to entrepreneurs whose startup initiatives may not have taken off because of inadequate support or resources
He also said that the Department of Science and Technology would take up a... |
