The Energy Company Bags $2 Mn To Boost EV Batteries, Energy Storage
Cleantech startup The Energy Company has secured $2 Mn (around INR 17.4 Cr) in a Pre-Series A funding round co-led by Siana Capital, Callapina Capital, Z21 Ventures, 1Crowd and LetsVenture. The round also saw participation from a host of strategic…
HENN Connector Group Opens New Location in Chennai, India
With the inauguration of its plant in Chennai, India, the HENN Connector Group marks a significant milestone in its internationalization strategy. The Austrian company has invested approximately one million euros in the modern assembly plant. Starting in March 2025, HENN…
BizDateUp Invests Rs 5 crore in EV Startup VOICE to Drive Sustainable Mobility Innovation
EV startup VOICE has raised Rs 5 crore in funding from BizDateUp, one of the largest ecosystem enablers for startups. The investment marks a significant step in advancing VOICE’s mission to set new standards in India for eco-friendly transportation while…
Ola Electric To Invest $100 Million For Lithium-Ion Battery Manufacturing Gigafactory Amid IPO Buzz
IPO-bound Ola Electric plans to invest $100 million (approximately Rs 834 crore) in the initial phase of constructing its gigafactory for lithium-ion battery cell production as per founder Bhavish Aggarwal. He mentioned that Ola’s electric scooters will feature these locally-produced…
India’s Uber-rival BluSmart Pumps up EV Charging with $25M Investment
BluSmart, an Indian ride-hailing startup that competes with Uber and homegrown rival Ola with its all-electric fleet, is looking to boost its battery charging infrastructure as the South Asian nation currently has limited charging stations but aims to expand its…
JSW Group to Invest $5 Billion in EV Projects in Eastern India
JSW Group is set to invest 400 billion rupees ($4.81 billion) in electric vehicle (EV) manufacturing projects in India’s coastal state of Odisha, as it takes on both domestic and international players in India’s small but booming EV market. Electric…
International Battery Company Powers up with $35M Funding to Bridge EV Gap in India
International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India. Led by RTP Global, the pre-Series A round saw…
Ola Electric to Raise USD 662 mn in India’s First EV Maker IPO
SoftBank Group-backed Indian e-scooter maker Ola Electric on Friday filed to raise at least 55 billion rupees (USD 661.9 million) in an initial public offering (IPO) that is tippd to be one of the country’s biggest share sales next year….
Chinese EV Maker Nio gets US$2.2 billion Investment from Abu Dhabi Fund
CYVN Holdings, an investment fund controlled by the Abu Dhabi government, has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial stake in a Chinese electric-car maker. Nio, one of China’s top three…
Pepper Motion will Invest ₹4,640 crore in EV Manufacturing Unit at Punganur
Andreas Hager, CEO of the German-based Pepper Motion Company, called on Chief Minister Y.S. Jagan Mohan Reddy at the latter’s camp office at Tadepalli, near here, on November 29 (Wednesday). Pepper Motion, which manufactures electric buses and trucks, is all…
