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FINTECH FOR EV FINANCING
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Targeting 30 pc EV sales by 2030, Bihar govt nod to policy amendmentsBihar is boosting electric vehicle adoption. The state government aims for 30 percent of new vehicle sales to be electric by 2030. Incentiv...
- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- India’s next big economic unlock is home-grown energyThe installed renewable capacity in the country has surpassed 200 GW, and the government aims for 500 GW of non-fossil energy by 2030
- Labour codes push 4 in 5 firms to rework pay, hiringIndia's new labour codes are driving significant changes in employment, with most employers revising salaries and facing higher costs. This...
- Stocks in news: Kwality Walls, AU Small Finance Bank, YES Bank, PB Fintech, Tata PowerIndian markets faced pressure on Friday, losing some recent gains due to cautious global sentiment and profit-taking. Several companies lik...
- TrusTerra raises Rs 9 crore pre-seed led by Finvolve and India AcceleratorTrusTerra, an AI-backed used EV marketplace, has raised Rs 9 crore in a Pre-Seed funding round. The capital will be used to scale its AI-dr...
- Can fintech fix India’s EV resale and financing woesIndia's EV success hinges on accessible financing and reliable resale values, not just technology.
- EV financing startups charged up over electric commercial vehiclesIndustry estimates suggest India will need $30 billion in EV financing over the next five years. While banks and non-banking financial comp...
- Fintechs plug into EVs; Groww’s CCI nodHappy Wednesday! Fintech startups are tapping into India’s growing commercial EV market. This and more in today’s ETtech Morning Dispatch.
- EV financing startup Vidyut raises $2.5 million from Flourish VenturesFounded in 2021 by ex-Swiggy and Bounce executives Xitij Kothi and Gaurav Srivastava, Vidyut offers a full-stack ecosystem for commercial a...
- Fintechs' secure credit play; New Jersey turns IT hubHappy Monday! Fintech companies like Cred, PhonePe and Paytm are seeking partnerships with NBFCs to enter the secured credit market. This a...
- Ola to shutter Avail Finance app, integrate it with Ola MoneyRide-hailing firm Ola acquired Avail Finance, founded by Ola founder Bhavish Aggarwal's brother Ankush Aggarwal, for about $50 million in A...
- Global funds in driver’s seat, EV financing companies charge full steam aheadRev Fin, OTO, Mufin Finance, and Three Wheels United are among the fintech firms that have secured either equity or debt financing from the...
- Global funds in driver's seat, EV financing firms charge full steam aheadIndia's EV financing market will likely be worth $50 billion (₹4.1 lakh crore) by 2030, when 30% of private cars, 70% of commercial vehicle...
- In funding winter, VCs migrate to once-shunned EV startupsLightspeed Venture Partners announced its maiden bet on an electric vehicle (EV) startup by leading a $13 million funding round in Bengalur...
- Fintech cos get innovative to charge up EV financingSeveral fintech companies - Rev Fin, Oto Capital and Three Wheels United - have taken the lead in financing EVs. These fincompanies have se...
- Recovery cycle will be long, Fintech needs to reinvent: RevFin’s Sameer AggarwalThe Fintech sector will have to prove the efficacy of its business models all over again, especially their ability to underwrite and collec...
- How fintech can provide innovative financing solutions to India’s EV sectorFintechs offer speed, ease and reach to the EV industry. A more symbiotic relationship between the two sectors can help the latter expand 1...
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