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TURNO FUNDING
UK development finance body celebrates climate investment milestone in IndiaBritish International Investment (BII) has surpassed its $1 billion climate finance commitment in India, investing $1.1 billion to support ...- VC firm Avaana Capital appoints Vikas Verma as partner, promotes Shruti SrivastavaFounded in 2018, Avaana Capital has backed startups such as Aerem, Amperehour, Eeki Foods, Kazam, Turno and GreenGrahi, and has previously ...
- 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...
- 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 ...
- IT firms trim bench strength; GCCs focus on complianceHappy Thursday! The country’s top IT firms have seen a massive drop in their bench strength, i.e. employees not on active projects. Find ou...
- 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...
- Musk-Modi US bonhomie and Tesla’s India plans; Mumbai drone startup Ideaforge's IPO journeyTesla will vroom into India “as soon as humanly possible”, says its boss Elon Musk. The Twitter CEO was addressing reporters after his meet...
- Avaana Capital secures $70 million in first close for climate fundAvaana Capital is targeting a total corpus of $100-125 million for the fund, which will focus its investments in three sectors that it said...
- ETtech Deals Digest: Fundraising tepid in first week of February as startups raise only $338 millionAccording to data provided by market intelligence platform Tracxn, startups raised $115 million in early-stage funding and $14 million in s...
- Zomato deep in red, but exudes optimism; TikTok fires entire India staffZomato is unperturbed by losses widening in the December quarter. The Deepinder Goyal-led food delivery app has reasons to feel confident a...
- Ola shifts gears: S1 Air delivery put off to July; EV firms under government scannerThe delivery of Ola Electric’s cheapest scooter S1 Air will now start in July only, a delay of three months. The gap comes even as EV manuf...
- Commercial EV financing startup Turno raises $13.8 million in funding led by B Capital, Quona CapitalTurno, which claims to have a 20% market share in its segment, plans to utilise the funds to expand operations and build a proprietary batt...
- ETtech Deals Digest: no big-ticket funding this weekConsumer electronics startup Arzooo raised $70 million, the largest amount this week.
- Govt gives Twitter ‘last chance’; probe finds EVs lack ‘basic safety systems’The government has once again threatened to make Twitter liable for the content on its platform, saying the company has repeatedly failed t...
- Commercial EV Startup Turno raises $3.1 million in funding from Stellaris Venture PartnersTurno plans to use the capital to expand across Maharashtra, the NCR, Tamil Nadu, and Gujarat, among others.
- What does India want on July 5? Here's a ground report from 8 places that matterET visited eight industrial hubs across India, spanning several sectors, to find out what businesses want.
- Learn with ETMarkets: Why turnover ratio is importantThis ratio indicates how much a fund is trading. Understanding turnover ratio helps in gaining insights into a fund's performance.
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