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Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
Electric two-wheeler makers brace for raw material price hikes, AI infra pressureElectric two-wheeler manufacturers are facing significant margin pressure and potential price hikes due to soaring raw material costs and s...
Global headwinds put electric bike companies on price hike pathElectric two-wheeler companies are feeling the pinch. Rising raw material prices and supply chain issues are impacting profits. Companies l...
Euler Motors doubles FY26 revenue to Rs 402 crore, losses expandEuler Motors, a commercial EV manufacturer, more than doubled its FY26 revenues to Rs 402 crore, driven by rising EV adoption. Despite wide...
Shiprocket hits IPO runway; Tata ups iPhone anteHappy Tuesday! Shiprocket is all set to start the process for listing in India, sources told ET. This and more in today’s ETtech Morning Di...
Hero MotoCorp shares climb 5% as JM Financial re-initiates coverage with Rs 4,700 targetHero MotoCorp shares surged following a 'Buy' rating from JM Financial, projecting a 15% upside driven by new products, EV expansion, and r...
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Bengaluru startup offering battery-as-a-service for MG Comet EV, Windsor EV, and ZS EV at just Rs 2.5 per kmVidyut partners with JSW MG Motor India to introduce Battery-as-a-service (BaaS) for select MG electric vehicles. This service allows EV ow...
How layoffs reordered Indian startups this year, and other top tech stories this weekStartups laid off over 28,000 people just in the first three quarters of 2023. This alone was over 50% higher than 2022, when companies let...
Razorpay, Cashfree eye lost market share, ShareChat’s third round of layoffsWith the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out...
ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
Euler Motors net loss jumps five-fold to Rs 175.44 crore in FY23The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements fi...
Big slump in pay hikes for techies switching jobs; financial report card for Nykaa, Dunzo, PB FintechEmployees at Indian IT firms are not getting the salary hikes they were used to on switching jobs anymore, data from staffing companies sug...
Financial report card for Nykaa, Dunzo; Byju’s in talks with Joffre for Epic saleFSN E-Commerce, the parent entity of omnichannel beauty and fashion retailer Nykaa, saw its Q2 profit jump 50%. Cash-strapped Dunzo also di...