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ALTIGREEN FUNDING
EV maker Euler Motors raises Rs 437.5 crore from Lightrock, Hero MotoCorp, othersEuler Motors has raised Rs 437.5 crore ($47 million) in a funding round led by Lightrock, with participation from Hero MotoCorp and Blume V...
Hero MotoCorp’s EV plans; Infy’s delayed fresher onboardingHero MotoCorp has picked up a stake in electric three-wheeler maker Altigreen Propulsion Labs. This and more in today’s ETtech Top 5.
Hero MotoCorp looks to debut in electric 3-wheeler spaceHero MotoCorp is in advanced talks to invest up to ₹900 crore in Bengaluru-based Altigreen Propulsion Labs, a maker of electric three-wheel...
EV marketplace-financing startup Turno raises $6 million from BII, othersFounded in April 2022 by former Zoomcar C-suite executives Hemanth Aluru and Sudhindra Reddy, Bengaluru-based Turno provides financing solu...
Industry leaders resent Karnataka's diktat to MNCs to display number of Kannadigas on their rollsAfter the government tabled the Kannada Language Comprehensive Development (Amendment) Bill in the legislative council on Tuesday, Kannada ...
Mid-market PE fund Xponentia raises Rs 1000-crore for its second fundThe homegrown fund, which counts Barbeque Nation and Altigreen among its portfolios, launched the fund in early 2022. The Fund II has its i...
Private equity platform Xponentia raises Rs 1,000 crore in new fundApart from investors in the first fund, new investors, including high networth individuals (HNIs), family offices and insurance companies a...
Magenta Mobility to roll-out 15-min rapid charging Electric Vehicle Fleet; Partners with Altigreen and ExponentMagenta Mobility has partnered with Altigreen Propulsion Labs and Exponent energy to launch a 15-minute rapid charging Electric Vehicle fle...
Mukesh Ambani-backed EV maker Altigreen is said to weigh raising $85 millionThe company, which counts billionaire Mukesh Ambani among its backers, is seeking a valuation of around $350 million in the new round, said...
Commercial EV startup Altigreen opens first retail experience centre in MysuruThis is the company’s 23rd retail dealership in India, following the launches in major metros like Mumbai, Chennai, Hyderabad and Bengaluru...
Altigreen plans to raise up to Rs 1k cr next year to fund next phase of growthIn an interaction with PTI, Saran said the company plans to have a national presence with sales outlets spread across the country, includin...
E-commercial vehicle maker Altigreen plans to raise Rs 1,000 crore next yearAltigreen, which raised Rs 300 crore from Reliance Industries and four venture capital funds earlier in February this year, will utilize th...
EV startup Altigreen opens first 3-wheeler showroom in Bengaluru, plans 30 more by March endKarnataka’s IT/BT Minister CN Ashwath Narayan opened the showroom, which will also handle servicing, retailing parts, and charging. The Min...
How Altigreen wants to revolutionise last mile connectivity, the electric wayThere is a Rs 14,000 crore reason for Altigreen to do so. The Indian 3W market is projected to grow to ₹14,000 crores in FY23 with electric...
Xponentia Capital looks to raise $100 million for second fundXponentia Opportunities Fund-2 is expected first close by April 2022. The fund will have investors including Indian family offices, domesti...
Altigreen raises Rs 300 cr funding led by Sixth Sense Ventures, Reliance New Energy, othersReliance Industries on Thursday had announced the acquisition of a stake in Altigreen Propulsion Labs Pvt Ltd for Rs 50.16 crore through it...
RIL drives into electric CV maker Altigreen with 4 VCsReliance Industries and four venture capital funds are investing ₹300 crore in electric commercial vehicle maker Altigreen, which will help...
Altigreen raises Rs 300 crore in funding led by Sixth Sense Ventures, othersThe company will utilise the resources to boost manufacturing capacity, launch new products including light commercial vehicles and strengt...
Altigreen bags order of 1500+ commercial EVs worth Rs 75 crore from MoEVingMeanwhile, Debashis Mitra, VP Sales & marketing, said Altigreen is planning for a deep penetration in the market "by moving from B2B to B2C...
Bangalore-based startup Altigreen has a low-cost solution to convert diesel cars into hybridThe product will be eligible for excise cut and subsidy under the FAME Scheme from Govt of India. This will make the solution much more aff...