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Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.- Ola Electric eyes FY27 turnaround on surging demand, cost reset and margin gainsOla Electric is set for a robust FY27. The company expects a significant rebound in sales and revenue. Margins are strengthening, and costs...
- Amazon India arm leases 2.78 lakh sq ft warehousing space in Bengaluru’s NelamangalaAmazon India has secured a significant warehousing space of nearly 2.78 lakh sq ft in Bengaluru's Nelamangala. This move highlights the ong...
- Uber India posts 54% increase in FY23 revenueUber India's net loss during the period under review swelled to Rs 311 crore from Rs 197 crore during FY22.
- Electric mobility startup Baaz Bikes raises $8 million led by Big CapitalThe funds will be deployed to strengthen and optimize product offerings, with a core emphasis on enhancing safety and promoting scalability...
- SUN Mobility to power more than 15,000 e-bikes on Swiggy's delivery fleet over next 12 monthsSwiggy has partnered with SUN Mobility to power more than 15,000 e-bikes in the company's delivery fleet over the next 12 months. Swiggy sa...
- Bike Bazaar raises additional $10 million in funding, will focus on Electric VehiclesWith this funding, Bike Bazaar has closed its latest fundraise with a total equity capital of Rs 250 crore (or $30 million). It had raised ...
- Infiniti Retail leases 6.30 lakh sq ft at Welspun One’s Bhiwandi logistics park for 18 yearsThe consumer durables and electronics retailer, operating under the brand name Croma, has entered into an agreement for the same with DBG E...
- Bike Bazaar raises Rs 170 crore in funding led by Women’s World Banking ManagementThe company intends to use the funds to increase its business in rural India and also scale its marketplace business for the sale and purch...
- HDFC Bank picks up 80,000 sq ft office space on lease in AhmedabadThe deal assumes significance given that the Mumbai-headquartered bank is picking up this size of office space in one of the key tier II ci...
- Bike taxi startup Rapido returns to pre-covid peaksWith more offices, schools and colleges opening across the country, Rapido is aiming at more than trebling the number of transacting users ...
- Hero Lectro ties up FDL, Turtle Mobility to deploy e-cargo bikes for last-mile deliveryWhile FDL is a global last-mile delivery logistics company that has recently marked its entry into India, Turtle Mobility is a start-up tha...
- Hero Electric partners with OTO Capital for flexible financing options for electric two-wheelersThe partnership will be live across 16 Hero Electric dealers in Bangalore and Pune, with a focus to expand across India in the next few mon...
- Shared mobility companies take a U-turn to stay on the roadOla, Uber, Vogo, Bounce, Rapido, and Yulu are expanding their portfolio and restructuring their category mix as consumer appetite for on-de...
- Karnataka to open roads for electric two-wheeler taxisThe Karnataka government proposed to implement an electric bike taxi project to improve last mile connectivity of public transportation, wi...
- E-sellers drive in vintage cars, bikesYou now have a chance to get your choice of such vintage cars or bikes from online platforms that are diversifying into this niche — but gr...
- Indian Motorcycle unveils new FTR 1200 S in India at Rs 16 lakhThe American niche bike maker also introduced FTR 1200 S Race Replica at Rs 18 lakh.
- How two Indian biking companies are helping ease Bangalore's traffic woesAs modes of public transit have increased in number, last mile connectivity is often the final point of struggle for millions in urban area...
- RentoMojo launches 'bikes on lease' service‘Bikes on lease’ will be offered by the company in the cities of Delhi-NCR, Mumbai, Bangalore and Pune, a city where 80% of the population ...
- Go Green BOV offering electric vehicles on lease model to ecommerce, delivery firmsThe electric vehicle company has already leased 15 vehicles each to hyperlocal delivery companies Roadrunnr and Swiggy as a pilot.
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