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TI CLEAN MOBILITY
Challenges persist in India-China business relations despite high-level talksDespite recent high-level talks between India and China, on-ground business relations remain strained. China continues to hold rare earth m...
TI Clean Mobility eyes $1 bn turnover in 4-5 yearsTI Clean Mobility, a Murugappa Group firm, aims for a USD 1 billion turnover in 4-5 years, driven by new electric vehicle launches. Having ...
Delhi vs Bengaluru: India's national capital beats IT capital in startup funding by a higher marginDelhi topped the list for startup funding in India, securing 40% of the total funding. Bengaluru was in second place. India's tech startups...
Multiples PE buys majority stake in QBurstQBurst is a global digital product engineering platform with a presence across North America, Japan, Middle East, Europe and India. QBurst ...
Murugappa Group sets sights on fresh buyoutsGroup firm TI Clean Mobility on Saturday unveiled its electric three-wheeler cargo and a 3.5-tonne electric truck under the brand Montra El...
UK’s BII to invest $33.5 million in India’s EV sectorBritish International Investment (BII) is investing $33.5 million in India's electric vehicle sector, divided among fleet operator Everest ...
Montra Electric to unveil 2 new products; ramp up branch network: COOTI Clean Mobility plans to introduce two new electric vehicles within months and expand its branch network. They aim to launch a cargo vers...
Bharat Mobility Show 2025: From Tata to BYD, auto giants line up for Delhi ramp; set to become world's biggest auto expoIndia's Bharat Mobility Show in January featured 28 automakers, including Tata Motors and Maruti Suzuki, focusing heavily on electric vehic...
Amid demand slowdown, EVs plug into PE recharging infrastructurePrivate equity firms are increasing investments in India's electric two- and three-wheeler industry amidst a slowdown in electric passenger...
TIVOLT Electric set to launch e-SCV under 'Montra Electric' brandTIVOLT Electric Vehicles, a joint venture by Murugappa Group and TI Clean Mobility, to launch e-small commercial vehicles under 'Montra Ele...
EV sector has swerved back into funding avenue. But why are investors staying cautious?Investment in the Indian electric vehicle (EV) ecosystem is on the rise, with deals worth $1.2bn announced between January and August 2023,...
TN accounts for sale of 4 lakh EVs in country between Jan-Sep 2023Tamil Nadu is emerging as an electric vehicle (EV) hub in India, with the state accounting for the sale of 400,000 EVs out of the total 1 m...
Modulus credit fund Invests ₹150 crore in Shivam AutoThe investment will be from the funds managed by Modulus Alternatives including its second fund - India Credit Opportunities Fund II, which...
Stocks in news: IndusInd Bank, Avenue Supermarts, RIL, Bajaj Finance, Vedanta, IDFC First BankTube Investments arm TI Clean Mobility has entered into an agreement with Anand Jayachandran for pursuing electric small commercial vehicle...
Tamil Nadu committed to $6 billion in investment for electric vehicles sector: TN minister T.R.B. RajaaRajaa added that the state government had launched the revised "Tamil Nadu Electric Vehicles Policy 2023", which incentivizes and attracts ...
TI Clean Mobility signs definitive agreements to raise further capital for EV bizOn Saturday, a company statement said, "TI Clean Mobility has signed definitive agreements on May 5 to raise further capital of Rs 675 cror...
Tube Investment India arm TI Clean Mobility to raise Rs 3,000 crore by Mar 2024TICM is focused on manufacturing and marketing of electric three-wheelers. It is also into the manufacturing and marketing of e-tractors an...
Multiples PE invests Rs 1200 cr in Murugappa group companyTICMPL, a wholly owned subsidiary of Tube Investments of India Limited (TII) has already unveiled its passenger 3-wheeler electric vehicle....
Banks under lens: RBI plans forensic audit of 10 defaultersThe RBI plans to conduct forensic audit of 10 defaulters to know whether lenders followed established practices and processes while sanctio...
Sapience Analytics chosen finalist at TiE conferenceSapience’s technology audits time used on various software allowing managers to split the computer time for each team member between work a...