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INTRCITY
Electric mobility startup Drivn secures $80 million commitment from NomuraDrivn, an electric mobility platform focussed on large commercial vehicles, has secured commitments of up to $80 million from Japanese fina...- IntrCity rolls out air-purified buses in North India after data shows 2-3× unsafe in-cabin pollutionIntrCity SmartBus has launched its SmartBus.AQI fleet, featuring air-purified intercity buses on key North Indian routes. This initiative, ...
- Asleep at the Wheel: The safety crisis in India’s sleeper busesIndia's booming sleeper bus sector faces a critical safety crisis, with a surge in fire accidents exposing widespread non-compliance and il...
- IntrCity SmartBus raises Rs 250 crore in funding led by A91 PartnersIntrCity SmartBus has raised Rs 250 crore in a funding round led by A91 Partners. The round valued the Noida-based company at around Rs 1,2...
- Blume Ventures logs initial close of fifth fund at $175 millionBlume Ventures has achieved an initial close of $175 million for its latest investment vehicle, Fund V, which targets a total corpus of $25...
- ETtech Deals Digest: Startup funding drops 59% to 12 deals this weekAccording to data from Tracxn, February saw startups raise $516 million across 82 rounds, versus $551 million across 109 rounds in January.
- Payment firms and KYC compliance; Cabinet nod for Tata chip unitDespite the regulator’s insistence on adhering to prescribed norms, many payment firms seem to be lax in conducting bank-grade KYCs. This a...
- Mobility platform IntrCity raises Rs 37 crore in fundingThe firm had last raised Rs 100 crore in a funding round in February 2020 at an about Rs 700 crore post-money valuation. The latest funding...
- Big banks eye QR codes amid fintechs’ credit push; Google’s Prabhakar Raghavan on AI regulation & future of searchWith fintechs such as Paytm and PhonePe entering the credit ecosystem, ICICI Bank, Axis Bank, HDFC Bank and others are trying to get mercha...
- Blume Ventures makes first close of $25 million for new opportunity fundBlume will use three-fourths of the corpus to purchase assets held by its existing funds, giving investors in those funds an exit option, t...
- ET Prime Women Leadership Awards 2023: Unveiling our eminent juryWe are thrilled to announce the names of eminent personalities across banking and finance, investment, tech and entrepreneurship, law, unif...
- Infra status, rationalisation of GST on hospitality sector's Budget 2023 wish listWhile tourism and hospitality in India are currently witnessing a boom, the industry still requires government’s support to fully recover, ...
- PM Gati Shakti scheme, e-passports with chips & ECLGS initiative: Budget 2022 is a mixed bag for travel industryMany experts believe the Budget didn't include any special relief to the sector.
- Mobility startup IntrCity sees spike in demand as bus travel peaks to an all-time highThe platform is doing five lakh bookings a month with an annualised rate of $80 million in consumer spending, as travel picks up across Ind...
- Companies hopeful of economic recovery in 2021 but cautious about COVID-19 pandemicThe COVID-19 pandemic has changed the scope and range of home appliances and help the sector evolve from conventional to smart products, co...
- IIFL Wealth to open Rs 750 crore fund-of-funds for tech betsAlthough investments through fund-of-funds are common in the West, especially in the Silicon Valley, it has yet to pick up pace in India
- Samsung Venture Arm may deliver $10 million to SwiggyLast week, Swiggy announced that Naspers had led a $113-million funding round, which is part of a larger $150-million fundraise being under...
- IntrCity by RailYatri raises over Rs 100 cr from Nandan Nilekani, Samsung Venture Investment, othersThe intercity mobility startup has so far raised a total of $30 million. The latest investments will help us further expand our IntrCity Sm...
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